Conscious Wealth Investments LLC Grows Position in Accenture PLC $ACN

Conscious Wealth Investments LLC boosted its stake in shares of Accenture PLC (NYSE:ACN) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,276 shares of the information technology services provider’s stock after purchasing an additional 65 shares during the period. Conscious Wealth Investments LLC’s holdings in Accenture were worth $2,866,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Truist Financial Corp grew its position in Accenture by 7.0% during the 2nd quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock worth $130,376,000 after purchasing an additional 28,685 shares during the last quarter. Redwood Investments LLC grew its position in Accenture by 6.2% during the 1st quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock worth $6,892,000 after purchasing an additional 1,287 shares during the last quarter. Lipe & Dalton grew its position in Accenture by 2,087.4% during the 1st quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock worth $1,570,000 after purchasing an additional 4,801 shares during the last quarter. PDS Planning Inc lifted its stake in Accenture by 34.7% during the 2nd quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock valued at $1,212,000 after acquiring an additional 1,044 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Accenture by 6.4% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 70,887 shares of the information technology services provider’s stock valued at $21,187,000 after acquiring an additional 4,281 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the transaction, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. This represents a 78.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,402 shares of company stock worth $4,595,374. Company insiders own 0.02% of the company’s stock.

Accenture Stock Performance

NYSE:ACN opened at $251.03 on Tuesday. 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 company has a fifty day moving average of $247.31 and a two-hundred day moving average of $277.05. The stock has a market capitalization of $165.29 billion, a PE ratio of 20.66, a P/E/G ratio of 2.16 and a beta of 1.28. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings data 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 net margin of 11.02% and a return on equity of 26.45%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be given a dividend of $1.63 per share. This is a boost 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%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

Wall Street Analyst Weigh In

Several brokerages have commented on ACN. Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. JPMorgan Chase & Co. decreased their price objective on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. BNP Paribas Exane decreased their price objective on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. TD Cowen decreased their price objective on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research note on Friday, September 26th. 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 note on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $297.48.

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.