Quadrant Capital Group LLC Has $4.78 Million Stock Position in Accenture PLC $ACN

Quadrant Capital Group LLC lifted its stake in shares of Accenture PLC (NYSE:ACN) by 18.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 15,994 shares of the information technology services provider’s stock after buying an additional 2,455 shares during the period. Quadrant Capital Group LLC’s holdings in Accenture were worth $4,780,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kelly Lawrence W & Associates Inc. CA acquired a new position in Accenture during the 1st quarter worth approximately $31,000. RMG Wealth Management LLC acquired a new stake in Accenture in the 2nd quarter valued at $33,000. WPG Advisers LLC bought a new stake in Accenture during the 1st quarter valued at $42,000. Cheviot Value Management LLC bought a new position in shares of Accenture in the first quarter valued at $43,000. Finally, Fiduciary Wealth Partners LLC bought a new stake in shares of Accenture during the first quarter worth about $45,000. Institutional investors own 75.14% of the company’s stock.

Insider Activity at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at $346,763.30. The trade was a 64.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 completion of the transaction, the insider directly owned 1,860 shares in the company, valued at $465,018.60. The trade was a 78.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 33,319 shares of company stock valued at $8,335,225 over the last three months. 0.02% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ACN shares. Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft lowered 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. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Wells Fargo & Company started coverage on shares of Accenture in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 target price for the company. Finally, JPMorgan Chase & Co. cut their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $294.25.

Accenture Stock Performance

NYSE ACN opened at $247.91 on Thursday. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The company’s 50 day moving average is $244.81 and its 200-day moving average is $269.66. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a market cap of $163.24 billion, a P/E ratio of 20.40, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last posted 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 net margin of 11.02% and a return on equity of 26.45%. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, October 10th were given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date was Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 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.