Trillium Asset Management LLC Has $22 Million Stake in Accenture PLC $ACN

Trillium Asset Management LLC cut its position in shares of Accenture PLC (NYSE:ACN) by 5.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 73,610 shares of the information technology services provider’s stock after selling 3,884 shares during the quarter. Trillium Asset Management LLC’s holdings in Accenture were worth $22,002,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its stake in Accenture by 36.2% during the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares during the period. Brookstone Capital Management grew its position in shares of Accenture by 32.8% during the 1st quarter. Brookstone Capital Management now owns 4,194 shares of the information technology services provider’s stock worth $1,309,000 after buying an additional 1,036 shares during the period. Financial Counselors Inc. grew its holdings in Accenture by 2.5% in the first quarter. Financial Counselors Inc. now owns 32,389 shares of the information technology services provider’s stock worth $10,107,000 after purchasing an additional 776 shares during the period. Interchange Capital Partners LLC grew its holdings in Accenture by 10.2% in the first quarter. Interchange Capital Partners LLC now owns 928 shares of the information technology services provider’s stock worth $290,000 after purchasing an additional 86 shares during the period. Finally, Alpha Cubed Investments LLC grew its stake in shares of Accenture by 8.5% in the 1st quarter. Alpha Cubed Investments LLC now owns 699 shares of the information technology services provider’s stock valued at $218,000 after buying an additional 55 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction dated Wednesday, October 22nd. The shares were 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 of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $253.40, for a total transaction of $2,280,600.00. Following the completion of the sale, the chief executive officer owned 14,516 shares in the company, valued at $3,678,354.40. This represents a 38.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,402 shares of company stock worth $6,875,974 over the last 90 days. Corporate insiders own 0.02% of the company’s stock.

Accenture Price Performance

Shares of NYSE:ACN opened at $242.98 on Wednesday. The company’s 50-day moving average is $246.45 and its 200 day moving average is $275.45. 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 $159.99 billion, a P/E ratio of 20.00, 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.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion for 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 firm’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. On average, equities research analysts forecast 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. Shareholders of record on Friday, October 10th will be given 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 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

Analysts Set New Price Targets

Several analysts have recently commented on the company. BMO Capital Markets reduced their target price on Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. Guggenheim reduced their price objective on shares of Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a report on Friday, September 26th. Mizuho reduced their price objective on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a report on Monday, September 29th. Finally, Evercore ISI set a $280.00 price target on Accenture in a research note on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $294.25.

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.