Franklin Parlapiano Turner & Welch LLC Boosts Stock Position in Accenture PLC $ACN

Franklin Parlapiano Turner & Welch LLC grew its holdings in Accenture PLC (NYSE:ACN) by 1.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,347 shares of the information technology services provider’s stock after buying an additional 356 shares during the quarter. Accenture accounts for 1.9% of Franklin Parlapiano Turner & Welch LLC’s investment portfolio, making the stock its 22nd largest position. Franklin Parlapiano Turner & Welch LLC’s holdings in Accenture were worth $7,277,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ACN. Price T Rowe Associates Inc. MD boosted its stake in shares of Accenture by 63.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after acquiring an additional 3,490,569 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Accenture by 5.7% in the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after acquiring an additional 3,419,577 shares during the last quarter. Pacer Advisors Inc. boosted its stake in shares of Accenture by 2,782.1% in the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock worth $450,985,000 after acquiring an additional 1,395,135 shares during the last quarter. McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Accenture in the second quarter worth approximately $308,000. Finally, Invesco Ltd. boosted its stake in shares of Accenture by 23.5% in the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock worth $880,960,000 after acquiring an additional 537,223 shares during the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Stock Performance

Shares of Accenture stock opened at $241.11 on Friday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The business’s fifty day simple moving average is $247.45 and its 200-day simple moving average is $281.37. The firm has a market cap of $151.01 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 2.10 and a beta of 1.28. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the prior year, the company posted $2.66 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.7%. 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. Accenture’s dividend payout ratio is currently 48.72%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. BNP Paribas Exane lowered their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Hsbc Global Res raised Accenture to a “moderate sell” rating in a research note on Monday, July 28th. Deutsche Bank Aktiengesellschaft lowered their price objective on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday, September 26th. TD Cowen lowered their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Finally, HSBC lowered their price objective on Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Accenture has an average rating of “Moderate Buy” and a consensus target price of $300.22.

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.