Accenture PLC $ACN Shares Acquired by CreativeOne Wealth LLC

CreativeOne Wealth LLC increased its holdings in Accenture PLC (NYSE:ACN) by 6.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,523 shares of the information technology services provider’s stock after acquiring an additional 329 shares during the quarter. CreativeOne Wealth LLC’s holdings in Accenture were worth $1,723,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ACN. Price T Rowe Associates Inc. MD lifted its stake 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 acquiring an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. increased its holdings in Accenture by 5.7% in 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 during the last quarter. GAMMA Investing LLC increased its holdings in Accenture by 30,256.8% in the first quarter. GAMMA Investing LLC now owns 3,421,519 shares of the information technology services provider’s stock valued at $1,067,651,000 after buying an additional 3,410,248 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Accenture by 2,782.1% in 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 during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Accenture in the fourth quarter valued at about $225,217,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Down 0.4%

Shares of Accenture stock opened at $256.07 on Friday. Accenture PLC has a twelve month low of $236.67 and a twelve month high of $398.35. The stock has a market capitalization of $160.38 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 2.34 and a beta of 1.29. The business’s 50 day simple moving average is $273.40 and its 200-day simple moving average is $303.49. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Friday, June 20th. The information technology services provider reported $3.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.32 by $0.17. Accenture had a return on equity of 26.55% and a net margin of 11.61%.The business had revenue of $17.73 billion during the quarter, compared to analyst estimates of $17.26 billion. During the same period in the prior year, the company posted $3.13 EPS. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. Equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Thursday, July 10th were issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Thursday, July 10th. Accenture’s dividend payout ratio is 47.13%.

Analyst Ratings Changes

Several analysts recently weighed in on ACN shares. Barclays lowered their price objective on Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a report on Monday, June 23rd. Hsbc Global Res raised Accenture to a “moderate sell” rating in a report on Monday, July 28th. BMO Capital Markets lowered their price objective on Accenture from $355.00 to $325.00 and set a “market perform” rating for the company in a report on Monday, June 23rd. Guggenheim lowered their price objective on Accenture from $360.00 to $335.00 and set a “buy” rating for the company in a report on Monday, June 23rd. Finally, Morgan Stanley dropped their price target on Accenture from $340.00 to $325.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $358.08.

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the transaction, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at $2,290,387.05. This represents a 21.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Angela Beatty sold 203 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the transaction, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. This trade represents a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,954 shares of company stock valued at $834,280 in the last three months. 0.02% of the stock is currently owned by corporate insiders.

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.