Accenture PLC $ACN Position Increased by Bogart Wealth LLC

Bogart Wealth LLC raised its stake in shares of Accenture PLC (NYSE:ACN) by 2,686.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,789 shares of the information technology services provider’s stock after buying an additional 12,330 shares during the period. Bogart Wealth LLC’s holdings in Accenture were worth $3,823,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ACN. Price T Rowe Associates Inc. MD raised its holdings in Accenture by 63.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after buying an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. raised its holdings in Accenture by 5.7% during the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after buying an additional 3,419,577 shares in the last quarter. Pacer Advisors Inc. raised its holdings in Accenture by 2,782.1% during the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after buying an additional 1,395,135 shares in the last quarter. McElhenny Sheffield Capital Management LLC bought a new position in Accenture during the second quarter valued at about $308,000. Finally, Invesco Ltd. raised its holdings in Accenture by 23.5% during the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock valued at $880,960,000 after buying an additional 537,223 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ACN has been the topic of several research analyst reports. Susquehanna lowered their price target on Accenture from $330.00 to $270.00 and set a “neutral” rating on the stock in a research report on Thursday, September 18th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. Robert W. Baird lowered their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research report on Friday, September 26th. Mizuho lowered their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Finally, Guggenheim lowered their price target on Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Stock Up 1.9%

ACN stock opened at $238.46 on Monday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a market cap of $157.02 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.08 and a beta of 1.28. The business’s 50-day simple moving average is $246.78 and its 200 day simple moving average is $278.74. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last released its 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 return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same period last year, the business earned $2.66 earnings per share. The firm’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. On average, research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio is 53.66%.

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.