Accenture PLC $ACN Stake Boosted by Wealth Architects LLC

Wealth Architects LLC raised its position in shares of Accenture PLC (NYSE:ACN) by 72.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,591 shares of the information technology services provider’s stock after buying an additional 1,086 shares during the quarter. Wealth Architects LLC’s holdings in Accenture were worth $775,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its position in shares of Accenture by 3.3% in the first quarter. Azzad Asset Management Inc. ADV now owns 6,593 shares of the information technology services provider’s stock worth $2,057,000 after buying an additional 213 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Accenture by 4.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 238,295 shares of the information technology services provider’s stock valued at $74,357,000 after buying an additional 9,689 shares in the last quarter. Missouri Trust & Investment Co raised its position in Accenture by 22.4% during the first quarter. Missouri Trust & Investment Co now owns 251 shares of the information technology services provider’s stock valued at $78,000 after buying an additional 46 shares during the period. Finally, McBroom & Associates LLC grew its stake in Accenture by 1.0% during the 1st quarter. McBroom & Associates LLC now owns 20,199 shares of the information technology services provider’s stock valued at $6,303,000 after acquiring an additional 193 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Trading Down 4.3%

Shares of NYSE:ACN opened at $241.11 on Monday. 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 stock has a market capitalization of $151.01 billion, a PE ratio of 19.84, a P/E/G ratio of 2.10 and a beta of 1.28. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The firm has a fifty day moving average price of $247.45 and a 200 day moving average price of $281.18.

Accenture (NYSE:ACN) last announced 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. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.7%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio is 53.66%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Stifel Nicolaus reduced their price target on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Rothschild & Co Redburn lifted their target price on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Morgan Stanley lowered their price target on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. Argus set a $370.00 price objective on Accenture in a report on Tuesday, June 24th. Finally, Guggenheim lowered 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. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average 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.