Slow Capital Inc. Purchases 959 Shares of Accenture PLC $ACN

Slow Capital Inc. boosted its position in Accenture PLC (NYSE:ACN) by 6.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,978 shares of the information technology services provider’s stock after acquiring an additional 959 shares during the period. Slow Capital Inc.’s holdings in Accenture were worth $5,075,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA bought a new position in shares of Accenture in the 1st quarter valued at about $31,000. Inlight Wealth Management LLC bought a new position in Accenture in the first quarter valued at approximately $32,000. RMG Wealth Management LLC acquired a new stake in Accenture during the 2nd quarter worth $33,000. WPG Advisers LLC acquired a new position in shares of Accenture in the 1st quarter valued at $42,000. Finally, Atwood & Palmer Inc. boosted its position in shares of Accenture by 407.4% in the 1st quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 110 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the business’s stock in a transaction on Friday, July 11th. The shares were 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 in the company, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Angela Beatty sold 203 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the sale, the insider owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,954 shares of company stock worth $834,280. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Up 1.2%

ACN stock opened at $248.18 on Tuesday. The stock has a market capitalization of $155.44 billion, a P/E ratio of 20.43, a P/E/G ratio of 2.14 and a beta of 1.28. The business has a 50-day moving average of $248.99 and a 200-day moving average of $282.84. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal 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 issued a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is 48.72%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ACN shares. Wall Street Zen raised Accenture from a “hold” rating to a “buy” rating in a research note on Friday. HSBC reduced their price objective on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Rothschild Redb downgraded shares of Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Guggenheim cut their target price on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Accenture Profile

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.