SOA Wealth Advisors LLC. Purchases 236 Shares of Accenture PLC $ACN

SOA Wealth Advisors LLC. increased its position in Accenture PLC (NYSE:ACN) by 75.6% during the second quarter, Holdings Channel reports. The firm owned 548 shares of the information technology services provider’s stock after buying an additional 236 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in Accenture were worth $164,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Viawealth LLC raised its holdings in Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after acquiring an additional 33 shares during the period. Aprio Wealth Management LLC grew its position in shares of Accenture by 2.1% during the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock worth $512,000 after purchasing an additional 33 shares in the last quarter. First National Advisers LLC grew its position in shares of Accenture by 0.4% during the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock worth $2,939,000 after purchasing an additional 34 shares in the last quarter. TCTC Holdings LLC grew its position in shares of Accenture by 14.5% during the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after purchasing an additional 34 shares in the last quarter. Finally, Spectrum Asset Management Inc. NB CA lifted its holdings in shares of Accenture by 0.3% during the 1st quarter. Spectrum Asset Management Inc. NB CA now owns 11,777 shares of the information technology services provider’s stock worth $3,675,000 after acquiring an additional 35 shares during the period. 75.14% of the stock is owned by institutional investors.

Accenture Stock Performance

Shares of ACN stock opened at $244.58 on Friday. The firm has a market cap of $153.19 billion, a price-to-earnings ratio of 20.13, a P/E/G ratio of 2.12 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The firm’s 50-day simple moving average is $250.32 and its two-hundred day simple moving average is $284.19.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 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 business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the previous year, the firm posted $2.66 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s payout ratio is presently 48.72%.

Insider Activity

In related news, insider Angela Beatty sold 203 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the transaction, the insider owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. The trade was a 3.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the transaction, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. This represents a 17.97% 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 over the last quarter. Company insiders own 0.02% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ACN. Stifel Nicolaus cut their price target on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a report on Tuesday, September 16th. Benchmark reaffirmed a “mixed” rating on shares of Accenture in a research note on Friday, June 20th. The Goldman Sachs Group lowered their target price on shares of Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research note on Friday, September 26th. HSBC lowered their target price on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Accenture in a report on Tuesday. One investment 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 company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

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.