Accenture PLC $ACN Shares Acquired by LRI Investments LLC

LRI Investments LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 0.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,004 shares of the information technology services provider’s stock after buying an additional 56 shares during the period. LRI Investments LLC’s holdings in Accenture were worth $3,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. CWM LLC increased its holdings in Accenture by 2.6% in the 2nd quarter. CWM LLC now owns 88,780 shares of the information technology services provider’s stock valued at $26,536,000 after purchasing an additional 2,272 shares during the last quarter. Lawson Kroeker Investment Management Inc. NE increased its holdings in Accenture by 0.7% in the second quarter. Lawson Kroeker Investment Management Inc. NE now owns 16,983 shares of the information technology services provider’s stock valued at $5,076,000 after buying an additional 119 shares during the last quarter. Franklin Parlapiano Turner & Welch LLC increased its holdings in Accenture by 1.5% in the second quarter. Franklin Parlapiano Turner & Welch LLC now owns 24,347 shares of the information technology services provider’s stock valued at $7,277,000 after buying an additional 356 shares during the last quarter. Sather Financial Group Inc boosted its stake in Accenture by 2.6% in the second quarter. Sather Financial Group Inc now owns 136,563 shares of the information technology services provider’s stock valued at $40,817,000 after acquiring an additional 3,497 shares in the last quarter. Finally, Johnson Investment Counsel Inc. boosted its stake in Accenture by 5.8% in the second quarter. Johnson Investment Counsel Inc. now owns 405,667 shares of the information technology services provider’s stock valued at $121,250,000 after acquiring an additional 22,231 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets decreased their target price on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research note on Friday, September 26th. Robert W. Baird dropped their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Benchmark reissued a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Finally, The Goldman Sachs Group decreased their target price on shares of Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Trading Down 4.3%

Accenture stock opened at $241.11 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $247.45 and a two-hundred day moving average price of $281.37. The firm has a market capitalization of $151.01 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 2.10 and a beta of 1.28. Accenture PLC has a 52-week low of $229.40 and a 52-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 analysts’ consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. During the same period in the prior year, the business posted $2.66 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is presently 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.