Accenture PLC $ACN Shares Purchased by Pflug Koory LLC

Pflug Koory LLC grew its stake in shares of Accenture PLC (NYSE:ACN) by 34.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 669 shares of the information technology services provider’s stock after acquiring an additional 171 shares during the period. Pflug Koory LLC’s holdings in Accenture were worth $200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ACN. Price T Rowe Associates Inc. MD lifted its position in shares of Accenture by 63.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after acquiring an additional 3,490,569 shares during the last quarter. Vanguard Group Inc. lifted its position 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 valued at $19,912,594,000 after acquiring an additional 3,419,577 shares during the last quarter. Pacer Advisors Inc. lifted 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 last quarter. Invesco Ltd. lifted its position in shares of Accenture by 23.5% during the 1st quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock valued at $880,960,000 after acquiring an additional 537,223 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Accenture by 340.7% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 464,864 shares of the information technology services provider’s stock valued at $145,056,000 after acquiring an additional 359,389 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Up 0.4%

NYSE ACN opened at $245.39 on Friday. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $153.69 billion, a PE ratio of 20.20, a price-to-earnings-growth ratio of 2.13 and a beta of 1.28. The firm’s fifty day simple moving average is $249.57 and its 200-day simple moving average is $283.65.

Accenture (NYSE:ACN) last posted its quarterly 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 the consensus estimate of $17.34 billion. During the same period in the prior year, the business posted $2.66 earnings per share. Accenture’s revenue for the quarter was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Insiders Place Their Bets

In other Accenture news, CEO Mauro Macchi sold 500 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the transaction, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at $644,582.22. This represents a 17.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer directly owned 8,109 shares in the company, valued at $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock valued at $834,280 over the last three months. 0.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Susquehanna cut their price objective on Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. Morgan Stanley cut their target price on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday, September 26th. Mizuho cut their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Guggenheim cut their target price on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

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.