Bank of Jackson Hole Trust Increases Stake in Accenture PLC $ACN

Bank of Jackson Hole Trust boosted its stake in shares of Accenture PLC (NYSE:ACNFree Report) by 11.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,209 shares of the information technology services provider’s stock after acquiring an additional 334 shares during the quarter. Bank of Jackson Hole Trust’s holdings in Accenture were worth $959,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ACN. Kelly Lawrence W & Associates Inc. CA purchased a new position in Accenture during the first quarter valued at approximately $31,000. RMG Wealth Management LLC acquired a new stake in Accenture in the second quarter valued at approximately $33,000. WPG Advisers LLC acquired a new stake in Accenture in the first quarter valued at approximately $42,000. Cheviot Value Management LLC acquired a new stake in Accenture in the first quarter valued at approximately $43,000. Finally, Fiduciary Wealth Partners LLC acquired a new stake in Accenture in the first quarter valued at approximately $45,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the transaction, the chief executive officer owned 23,516 shares in the company, valued at approximately $5,868,888.12. This trade represents a 27.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the transaction, the insider owned 1,860 shares in the company, valued at approximately $465,018.60. The trade was a 78.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 18,402 shares of company stock worth $4,595,374. 0.02% of the stock is owned by corporate insiders.

Accenture Stock Performance

Shares of Accenture stock opened at $253.57 on Wednesday. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company has a market cap of $166.97 billion, a price-to-earnings ratio of 20.87, a PEG ratio of 2.18 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The business’s 50 day moving average price is $247.27 and its 200 day moving average price is $276.83.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same quarter last year, the business posted $2.66 earnings per share. The firm’s revenue 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. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently disclosed 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. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. Accenture’s dividend payout ratio (DPR) is 53.66%.

Analyst Ratings Changes

ACN has been the topic of several research analyst reports. Hsbc Global Res raised Accenture to a “moderate sell” rating in a report on Monday, July 28th. Mizuho dropped their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. BMO Capital Markets lowered their price target on Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research note on Friday, September 26th. JPMorgan Chase & Co. lowered their price target on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. Finally, Royal Bank Of Canada lowered their price target on Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $297.48.

Check Out Our Latest Stock Report on Accenture

About Accenture

(Free Report)

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.

Read More

Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Accenture PLC (NYSE:ACNFree Report).

Institutional Ownership by Quarter for Accenture (NYSE:ACN)

Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.