Rehmann Capital Advisory Group Purchases 267 Shares of Accenture PLC $ACN

Rehmann Capital Advisory Group boosted its position in shares of Accenture PLC (NYSE:ACN) by 7.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,069 shares of the information technology services provider’s stock after acquiring an additional 267 shares during the period. Rehmann Capital Advisory Group’s holdings in Accenture were worth $1,216,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Accenture by 5.7% during the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after buying an additional 3,419,577 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings 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 valued at $2,793,889,000 after purchasing an additional 3,490,569 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Accenture by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock valued at $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 grew its holdings in shares of Accenture by 2.1% in the first 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 purchasing an additional 126,548 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Accenture by 3.3% in the first 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 purchasing an additional 164,573 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Down 0.5%

Shares of ACN opened at $249.14 on Thursday. The firm has a market capitalization of $164.05 billion, a P/E ratio of 20.51, a P/E/G ratio of 2.18 and a beta of 1.28. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a fifty day moving average price of $247.18 and a 200-day moving average price of $278.05.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) 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 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 revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Equities research analysts expect that Accenture PLC will post 12.73 earnings per share 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 paid a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s payout ratio is presently 53.66%.

Analyst Ratings Changes

A number of research firms recently weighed in on ACN. TD Cowen cut their target price on shares of Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. BNP Paribas Exane dropped their price objective on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. Citigroup initiated coverage on shares of Accenture in a research note on Wednesday. They set a “neutral” rating and a $266.00 price objective for the company. Finally, Robert W. Baird dropped their price objective on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $297.48.

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.