ASR Vermogensbeheer N.V. boosted its stake in Accenture PLC (NYSE:ACN – Free Report) by 7.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 179,185 shares of the information technology services provider’s stock after purchasing an additional 12,696 shares during the quarter. Accenture comprises about 0.7% of ASR Vermogensbeheer N.V.’s investment portfolio, making the stock its 23rd largest holding. ASR Vermogensbeheer N.V.’s holdings in Accenture were worth $53,552,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in ACN. Viawealth LLC grew its holdings in shares of Accenture by 2.6% in the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after purchasing an additional 33 shares in the last quarter. Aprio Wealth Management LLC raised its position in Accenture by 2.1% in the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after purchasing an additional 33 shares during the last quarter. First National Advisers LLC raised its position in 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 buying an additional 34 shares during the last quarter. TCTC Holdings LLC grew its stake in shares of Accenture by 14.5% during 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 period. Finally, Spectrum Asset Management Inc. NB CA grew its stake in shares of Accenture by 0.3% during the 1st quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock worth $3,675,000 after purchasing an additional 35 shares during the period. Institutional investors own 75.14% of the company’s stock.
Insider Activity at Accenture
In related news, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the sale, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Angela Beatty sold 203 shares of Accenture stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the transaction, the insider owned 5,249 shares of the company’s stock, valued at approximately $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 have sold a total of 2,954 shares of company stock worth $834,280 in the last 90 days. Corporate insiders own 0.02% of the company’s stock.
Accenture Stock Down 1.3%
Accenture (NYSE:ACN – Get Free Report) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping the consensus estimate 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 return on equity of 26.45% and a net margin of 11.02%.The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, analysts predict 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. Investors of record on Friday, October 10th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is currently 48.72%.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on ACN shares. Barclays reduced their target price on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a report on Monday, June 23rd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a report on Tuesday. Benchmark reiterated a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. UBS Group dropped their price target on shares of Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, September 24th. Finally, Cowen reaffirmed a “buy” rating on shares of Accenture 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, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $300.22.
View Our Latest Research Report on Accenture
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.
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