Hibernia Wealth Partners LLC Purchases Shares of 1,373 Accenture PLC $ACN

Hibernia Wealth Partners LLC acquired a new position in Accenture PLC (NYSE:ACN) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 1,373 shares of the information technology services provider’s stock, valued at approximately $410,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Accenture during the 1st quarter worth approximately $31,000. RMG Wealth Management LLC bought a new position in Accenture during the second quarter worth $33,000. WPG Advisers LLC acquired a new stake in Accenture in the first quarter worth $42,000. Cheviot Value Management LLC bought a new stake in Accenture in the first quarter valued at $43,000. Finally, Fiduciary Wealth Partners LLC bought a new position in shares of Accenture during the 1st quarter worth about $45,000. Institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. UBS Group decreased their target price on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, September 24th. TD Cowen cut their target price on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research note on Wednesday, October 8th. The Goldman Sachs Group dropped their price objective on shares of Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Finally, Evercore ISI set a $280.00 target price on shares of Accenture in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $294.25.

Insider Buying and Selling

In related news, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares in the company, valued at approximately $346,763.30. The trade was a 64.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Julie Spellman Sweet sold 5,917 shares of the stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares of the company’s stock, valued at $2,120,685.38. This represents a 40.76% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by insiders.

Accenture Price Performance

Shares of NYSE:ACN opened at $247.58 on Friday. 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 $163.02 billion, a P/E ratio of 20.38, a price-to-earnings-growth 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. The company’s 50-day moving average is $244.85 and its 200 day moving average is $273.56.

Accenture (NYSE:ACN) last released its 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 firm had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders 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 dividend yield of 2.6%. The ex-dividend date 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 53.66%.

About Accenture

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.