Cypress Wealth Services LLC Purchases 51 Shares of Accenture PLC $ACN

Cypress Wealth Services LLC raised its position in shares of Accenture PLC (NYSE:ACN) by 4.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,209 shares of the information technology services provider’s stock after acquiring an additional 51 shares during the quarter. Cypress Wealth Services LLC’s holdings in Accenture were worth $361,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Redwood Investments LLC raised its holdings in shares of Accenture by 6.2% during the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after purchasing an additional 1,287 shares during the period. Truist Financial Corp raised its holdings in shares of Accenture by 7.0% during the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after purchasing an additional 28,685 shares during the period. Lipe & Dalton raised its holdings in shares of Accenture by 2,087.4% during the first quarter. Lipe & Dalton now owns 5,031 shares of the information technology services provider’s stock valued at $1,570,000 after purchasing an additional 4,801 shares during the period. PDS Planning Inc raised its holdings in shares of Accenture by 34.7% during the second quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock valued at $1,212,000 after purchasing an additional 1,044 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Accenture by 6.4% during the second 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 purchasing an additional 4,281 shares during the period. Institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. BMO Capital Markets dropped their price objective on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a report on Friday, September 26th. Jefferies Financial Group restated a “hold” rating on shares of Accenture in a report on Tuesday, September 30th. Mizuho lowered their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Robert W. Baird lowered their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Finally, Evercore ISI set a $280.00 target price on shares of Accenture in a report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Trading Up 0.2%

Shares of ACN stock opened at $244.15 on Wednesday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The company has a 50-day simple moving average of $247.10 and a two-hundred day simple moving average of $280.50. The company has a market capitalization of $152.92 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 2.12 and a beta of 1.28.

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

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a dividend of $1.63 per share. 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 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is currently 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.