Police & Firemen s Retirement System of New Jersey Purchases 3,659 Shares of Accenture PLC $ACN

Police & Firemen s Retirement System of New Jersey raised its position in Accenture PLC (NYSE:ACN) by 4.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 95,051 shares of the information technology services provider’s stock after acquiring an additional 3,659 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Accenture were worth $28,410,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ACN. Price T Rowe Associates Inc. MD boosted its holdings in shares of Accenture by 63.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after buying an additional 3,490,569 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Accenture by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after acquiring an additional 3,419,577 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Accenture by 2,782.1% during the 1st quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after acquiring an additional 1,395,135 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new stake in shares of Accenture in the 2nd quarter worth $308,000. Finally, Flossbach Von Storch SE increased its position in Accenture by 48.0% in the second quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock worth $719,966,000 after buying an additional 781,211 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Manish Sharma sold 6,902 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the sale, the insider owned 1,860 shares in the company, valued at approximately $465,018.60. This represents a 78.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the transaction, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at $346,763.30. The trade was a 64.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is currently owned by corporate insiders.

Accenture Price Performance

NYSE:ACN opened at $246.27 on Thursday. The business’s 50-day moving average is $244.95 and its 200 day moving average is $273.74. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company has a market capitalization of $162.16 billion, a P/E ratio of 20.27, a P/E/G ratio of 2.16 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16.

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

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is 53.66%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ACN shares. Guggenheim lowered their price objective on Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Susquehanna cut their target price on Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. Finally, Hsbc Global Res raised Accenture to a “moderate sell” rating in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.25.

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.