Winthrop Advisory Group LLC Cuts Stake in Accenture PLC $ACN

Winthrop Advisory Group LLC lowered its position in shares of Accenture PLC (NYSE:ACN) by 18.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,528 shares of the information technology services provider’s stock after selling 335 shares during the quarter. Winthrop Advisory Group LLC’s holdings in Accenture were worth $457,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ACN. Vanguard Group Inc. increased 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 worth $19,912,594,000 after purchasing an additional 3,419,577 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Accenture by 63.9% during the first 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 buying an additional 3,490,569 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Accenture by 3.5% during the first 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 buying an additional 228,939 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. grew 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 in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ACN shares. Rothschild & Co Redburn upped their price target on Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. Morgan Stanley dropped their target price on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a report on Tuesday, September 9th. 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 report on Wednesday, September 24th. HSBC dropped their price target on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Insider Activity

In other news, insider Angela Beatty sold 203 shares of the firm’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 value 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. This trade represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the firm’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 completion of the transaction, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at $644,582.22. This represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is currently owned by company insiders.

Accenture Stock Performance

NYSE:ACN opened at $251.42 on Wednesday. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a 50 day moving average price of $248.44 and a 200 day moving average price of $282.62. The stock has a market capitalization of $157.47 billion, a P/E ratio of 20.69, a PEG ratio of 2.16 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 (NYSE:ACN) last released its quarterly earnings results 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 return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion during the quarter, compared to analyst estimates of $17.34 billion. During the same period last year, the business posted $2.66 earnings per share. The company’s quarterly revenue 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. Equities research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a $1.63 dividend. 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 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.