Liberty Capital Management Inc. Boosts Holdings in Accenture PLC $ACN

Liberty Capital Management Inc. boosted its position in Accenture PLC (NYSE:ACN) by 23.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,961 shares of the information technology services provider’s stock after buying an additional 938 shares during the period. Liberty Capital Management Inc.’s holdings in Accenture were worth $1,483,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

ACN has been the topic of a number of research analyst reports. Evercore ISI set a $280.00 price objective on shares of Accenture in a report on Thursday, September 25th. Royal Bank Of Canada decreased their price target on Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Morgan Stanley decreased their price target on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft decreased their target price on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research report on Friday, September 26th. Finally, Hsbc Global Res upgraded Accenture to a “moderate sell” rating in a research report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Accenture currently has an average rating of “Moderate Buy” and an average price target of $300.22.

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer owned 8,109 shares of the company’s stock, valued at $2,290,387.05. This represents a 21.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Angela Beatty sold 203 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $57,315.02. Following the transaction, the insider directly owned 5,249 shares in the company, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,954 shares of company stock valued at $834,280 in the last quarter. 0.02% of the stock is currently owned by company insiders.

Accenture Stock Down 0.1%

Shares of NYSE:ACN opened at $246.72 on Wednesday. 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 PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock’s fifty day simple moving average is $251.91 and its 200-day simple moving average is $285.04. The company has a market capitalization of $154.53 billion, a P/E ratio of 20.31, a P/E/G ratio of 2.15 and a beta of 1.29.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same period last year, the company earned $2.66 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently disclosed 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. 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 payout ratio is currently 48.72%.

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.