Sachetta LLC Reduces Stock Position in Accenture PLC $ACN

Sachetta LLC trimmed its stake in shares of Accenture PLC (NYSE:ACN) by 6.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,721 shares of the information technology services provider’s stock after selling 249 shares during the period. Sachetta LLC’s holdings in Accenture were worth $1,112,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. KLP Kapitalforvaltning AS raised its holdings in Accenture by 3.2% during the second quarter. KLP Kapitalforvaltning AS now owns 248,806 shares of the information technology services provider’s stock worth $74,366,000 after purchasing an additional 7,800 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in Accenture in the second quarter valued at $33,000. Country Club Bank increased its position in shares of Accenture by 42.0% in the second quarter. Country Club Bank now owns 5,392 shares of the information technology services provider’s stock valued at $1,593,000 after buying an additional 1,595 shares in the last quarter. Motiv8 Investments LLC raised its stake in shares of Accenture by 11.6% during the 2nd quarter. Motiv8 Investments LLC now owns 3,532 shares of the information technology services provider’s stock worth $1,056,000 after buying an additional 367 shares during the last quarter. Finally, KPP Advisory Services LLC boosted its position in shares of Accenture by 19.7% in the 2nd quarter. KPP Advisory Services LLC now owns 4,328 shares of the information technology services provider’s stock worth $1,294,000 after buying an additional 711 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling

In related news, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $141,170.00. Following the sale, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. This trade represents a 17.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of the company’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at $2,290,387.05. This trade represents a 21.73% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,954 shares of company stock valued at $834,280. Insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Stifel Nicolaus cut their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. HSBC dropped their price objective on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Benchmark reaffirmed a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. Deutsche Bank Aktiengesellschaft dropped their price target on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. Finally, Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $300.22.

Accenture Trading Up 1.2%

Shares of ACN opened at $248.18 on Tuesday. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a market capitalization of $155.44 billion, a PE ratio of 20.43, a price-to-earnings-growth ratio of 2.14 and a beta of 1.28. The stock has a fifty day moving average of $248.99 and a two-hundred day moving average of $282.84. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same quarter in the previous year, the business earned $2.66 earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is currently 48.72%.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.