First Pacific Financial Trims Holdings in Accenture PLC $ACN

First Pacific Financial lessened its holdings in shares of Accenture PLC (NYSE:ACN) by 5.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,143 shares of the information technology services provider’s stock after selling 179 shares during the period. First Pacific Financial’s holdings in Accenture were worth $939,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA purchased a new stake in Accenture in the first quarter worth approximately $31,000. Inlight Wealth Management LLC purchased a new stake in shares of Accenture during the 1st quarter worth approximately $32,000. WPG Advisers LLC bought a new stake in Accenture during the first quarter worth approximately $42,000. Atwood & Palmer Inc. increased its stake in Accenture by 407.4% during the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 110 shares during the last quarter. Finally, Cheviot Value Management LLC purchased a new stake in Accenture during the 1st quarter valued at $43,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ACN has been the topic of several recent analyst reports. Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. UBS Group dropped their target price on Accenture from $363.00 to $315.00 and set a “buy” rating on the stock in a research note on Wednesday, September 24th. Morgan Stanley cut their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. Robert W. Baird decreased their price target on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Finally, BNP Paribas Exane reduced their price objective on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $300.22.

Accenture Price Performance

Shares of NYSE:ACN opened at $246.72 on Wednesday. The company has a 50-day simple moving average of $251.91 and a 200-day simple moving average of $285.04. Accenture PLC has a one year low of $229.40 and a one year 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 stock has a market capitalization of $154.53 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 2.15 and a beta of 1.29.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last 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. On average, analysts predict that Accenture PLC will post 12.73 EPS for the current 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 $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. Accenture’s dividend payout ratio (DPR) is currently 48.72%.

Insider Buying and Selling

In other news, CEO Julie Spellman Sweet sold 2,251 shares of the firm’s stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the transaction, the chief executive officer directly owned 8,109 shares in the company, valued at approximately $2,290,387.05. This trade represents a 21.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Angela Beatty sold 203 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the sale, the insider directly owned 5,249 shares in the company, valued at approximately $1,482,002.66. This trade represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock valued at $834,280 in the last quarter. Company 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.