Motco Raises Stock Position in Accenture PLC $ACN

Motco lifted its position in Accenture PLC (NYSE:ACN) by 7.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,715 shares of the information technology services provider’s stock after buying an additional 2,121 shares during the period. Motco’s holdings in Accenture were worth $9,479,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Accenture by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after purchasing an additional 3,419,577 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Accenture by 63.9% in the 1st 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 purchasing an additional 3,490,569 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Accenture by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock worth $2,111,378,000 after purchasing an additional 228,939 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Accenture by 2.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock valued at $1,923,225,000 after acquiring an additional 126,548 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Accenture by 3.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,129,053 shares of the information technology services provider’s stock valued at $1,600,470,000 after acquiring an additional 164,573 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of the business’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 of the company’s stock, valued at approximately $346,763.30. The trade was a 64.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 18,402 shares of company stock valued at $4,595,374. 0.02% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have commented on ACN shares. BMO Capital Markets decreased their price objective on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research note on Friday, September 26th. Hsbc Global Res upgraded shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Royal Bank Of Canada decreased their price objective on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. Finally, Stifel Nicolaus decreased their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $297.48.

Accenture Price Performance

NYSE:ACN opened at $253.57 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a market cap of $166.97 billion, a price-to-earnings ratio of 20.87, a price-to-earnings-growth ratio of 2.18 and a beta of 1.28. The company has a 50 day moving average price of $247.27 and a 200-day moving average price of $276.83. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35.

Accenture (NYSE:ACN) last posted its 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 firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous 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. Equities research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

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