Accenture PLC $ACN Holdings Raised by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC increased its position in shares of Accenture PLC (NYSE:ACN) by 5.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,433 shares of the information technology services provider’s stock after purchasing an additional 707 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Accenture were worth $4,015,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ACN. Viawealth LLC boosted its holdings in shares of Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after buying an additional 33 shares during the period. Aprio Wealth Management LLC boosted its stake in Accenture by 2.1% in the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after acquiring an additional 33 shares during the period. First National Advisers LLC raised its position in shares of Accenture by 0.4% during the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after purchasing an additional 34 shares during the period. TCTC Holdings LLC lifted its holdings in shares of Accenture by 14.5% in the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after purchasing an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co boosted its position in Accenture by 0.4% during the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock valued at $2,553,000 after purchasing an additional 35 shares during the period. Institutional investors own 75.14% of the company’s stock.

Insider Activity

In related news, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the sale, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,402 shares of company stock worth $4,595,374. 0.02% of the stock is owned by corporate insiders.

Accenture Trading Down 0.8%

Accenture stock opened at $247.93 on Friday. The stock has a market capitalization of $163.25 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The firm has a 50 day simple moving average of $247.27 and a 200-day simple moving average of $277.55.

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, beating analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

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

Analysts Set New Price Targets

ACN has been the topic of a number of recent research reports. Guggenheim cut their target price on Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. TD Cowen cut their price objective on shares of Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Wells Fargo & Company assumed coverage on shares of Accenture in a research report on Tuesday. They issued an “equal weight” rating and a $251.00 target price for the company. Morgan Stanley cut their price target on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. Finally, Rothschild & Co Redburn increased their price objective on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.48.

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.