Findlay Park Partners LLP increased its holdings in shares of Accenture PLC (NYSE:ACN – Free Report) by 37.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,182,298 shares of the information technology services provider’s stock after purchasing an additional 323,800 shares during the quarter. Accenture makes up 3.6% of Findlay Park Partners LLP’s portfolio, making the stock its 3rd biggest holding. Findlay Park Partners LLP’s holdings in Accenture were worth $353,377,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the business. Elevation Point Wealth Partners LLC grew its holdings in Accenture by 4.2% during the 2nd quarter. Elevation Point Wealth Partners LLC now owns 15,475 shares of the information technology services provider’s stock valued at $4,625,000 after buying an additional 625 shares in the last quarter. Quadrant Capital Group LLC boosted its position in shares of Accenture by 18.1% during the second quarter. Quadrant Capital Group LLC now owns 15,994 shares of the information technology services provider’s stock worth $4,780,000 after acquiring an additional 2,455 shares during the last quarter. Te Ahumairangi Investment Management Ltd grew its stake in Accenture by 39.7% during the second quarter. Te Ahumairangi Investment Management Ltd now owns 7,774 shares of the information technology services provider’s stock valued at $2,324,000 after acquiring an additional 2,210 shares in the last quarter. Choreo LLC lifted its stake in Accenture by 5.3% in the 2nd quarter. Choreo LLC now owns 20,508 shares of the information technology services provider’s stock worth $6,130,000 after purchasing an additional 1,037 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Accenture by 33.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 928,480 shares of the information technology services provider’s stock valued at $277,174,000 after purchasing an additional 235,232 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Accenture
In other news, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the completion of the sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. The trade was a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Julie Spellman Sweet sold 5,917 shares of the stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total value of $1,459,250.54. Following the completion of the transaction, the chief executive officer directly owned 8,599 shares in the company, valued at approximately $2,120,685.38. This trade represents a 40.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 33,319 shares of company stock worth $8,335,225 in the last 90 days. 0.02% of the stock is owned by corporate insiders.
Accenture Stock Down 0.5%
Accenture (NYSE:ACN – Get Free Report) 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. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the prior year, the business posted $2.66 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.
Accenture Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were issued a $1.63 dividend. The ex-dividend date was Friday, October 10th. This is a boost from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. Accenture’s dividend payout ratio (DPR) is currently 53.66%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Stifel Nicolaus lowered their target price on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research report on Friday, September 26th. Finally, HSBC lowered their price objective on shares of Accenture from $240.00 to $215.00 in a research report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $294.25.
Read Our Latest Stock Report on Accenture
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.
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