Brookstone Capital Management Lowers Stock Holdings in Accenture PLC $ACN

Brookstone Capital Management trimmed its stake in Accenture PLC (NYSE:ACN) by 6.0% during the 2nd quarter, Holdings Channel reports. The firm owned 3,944 shares of the information technology services provider’s stock after selling 250 shares during the quarter. Brookstone Capital Management’s holdings in Accenture were worth $1,179,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Accenture by 36.2% in the fourth 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 during the last quarter. Western Wealth Management LLC grew its holdings in shares of Accenture by 185.1% in the first quarter. Western Wealth Management LLC now owns 2,349 shares of the information technology services provider’s stock worth $733,000 after purchasing an additional 1,525 shares during the last quarter. Perpetual Ltd grew its holdings in shares of Accenture by 0.7% in the first quarter. Perpetual Ltd now owns 7,838 shares of the information technology services provider’s stock worth $2,446,000 after purchasing an additional 51 shares during the last quarter. Jaffetilchin Investment Partners LLC bought a new position in shares of Accenture in the first quarter worth approximately $221,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Accenture by 17.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,606 shares of the information technology services provider’s stock worth $19,744,000 after purchasing an additional 9,928 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Insider Transactions at Accenture

In related news, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction dated 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 completion of the sale, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at $346,763.30. The trade was a 64.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,402 shares of company stock valued at $4,595,374 in the last quarter. 0.02% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ACN shares. Wells Fargo & Company started coverage on shares of Accenture in a report on Tuesday. They issued an “equal weight” rating and a $251.00 target price on the stock. Royal Bank Of Canada dropped their price target on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. The Goldman Sachs Group lowered their price objective on Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research report on Friday, September 26th. Mizuho lowered their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. Finally, Stifel Nicolaus lowered their price objective on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $297.48.

Accenture Price Performance

ACN opened at $247.93 on Friday. The stock has a 50-day moving average price of $247.27 and a 200-day moving average price of $277.55. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a market cap of $163.25 billion, a PE ratio of 20.41, a P/E/G ratio of 2.16 and a beta of 1.28. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.Accenture’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 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal 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 given a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is presently 53.66%.

Accenture Company 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.