Daymark Wealth Partners LLC Increases Holdings in Accenture PLC $ACN

Daymark Wealth Partners LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 8.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,406 shares of the information technology services provider’s stock after acquiring an additional 515 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Accenture were worth $1,915,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ACN. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture during the 1st quarter worth approximately $31,000. RMG Wealth Management LLC purchased a new stake in shares of Accenture during the 2nd quarter worth approximately $33,000. WPG Advisers LLC purchased a new stake in shares of Accenture during the 1st quarter worth approximately $42,000. Cheviot Value Management LLC purchased a new stake in shares of Accenture during the 1st quarter worth approximately $43,000. Finally, Fiduciary Wealth Partners LLC purchased a new stake in shares of Accenture during the 1st quarter worth approximately $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

ACN has been the subject of several research reports. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday. Jefferies Financial Group restated a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. JPMorgan Chase & Co. cut their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday, September 26th. UBS Group cut their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, September 24th. Finally, Mizuho cut 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. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Accenture has an average rating of “Moderate Buy” and an average price target of $294.25.

Accenture Trading Down 2.1%

Shares of ACN opened at $248.01 on Thursday. The stock has a fifty day moving average of $247.13 and a two-hundred day moving average of $276.58. 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 market capitalization of $163.31 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 2.21 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 issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating 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%.Accenture’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.6%. Accenture’s payout ratio is presently 53.66%.

Insider Transactions at Accenture

In other news, 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 completion of the sale, the chief executive officer directly owned 1,390 shares in the company, valued at $346,763.30. This represents a 64.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the sale, the chief executive officer owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. The trade was a 27.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,402 shares of company stock worth $4,595,374 in the last ninety days. Insiders own 0.02% of the company’s stock.

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.