Accenture PLC $ACN Stock Holdings Raised by Freedom Investment Management Inc.

Freedom Investment Management Inc. raised its stake in Accenture PLC (NYSE:ACN) by 4.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 8,731 shares of the information technology services provider’s stock after purchasing an additional 378 shares during the period. Freedom Investment Management Inc.’s holdings in Accenture were worth $2,610,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Accenture in the 1st quarter worth about $31,000. RMG Wealth Management LLC bought a new stake in shares of Accenture during the 2nd quarter valued at about $33,000. WPG Advisers LLC bought a new stake in shares of Accenture during the 1st quarter valued at about $42,000. Cheviot Value Management LLC bought a new stake in shares of Accenture during the 1st quarter valued at about $43,000. Finally, Fiduciary Wealth Partners LLC bought a new stake in shares of Accenture during the 1st quarter valued at about $45,000. Institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ACN. UBS Group lowered their price objective on shares of Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, September 24th. Susquehanna lowered their price objective on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. Finally, Robert W. Baird decreased their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus price target of $297.48.

Accenture Price Performance

NYSE ACN opened at $249.14 on Thursday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market cap of $164.05 billion, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 2.18 and a beta of 1.28. The company has a 50-day moving average price of $247.18 and a two-hundred day moving average price of $278.05.

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, topping analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

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.