Yousif Capital Management LLC Sells 335 Shares of Accenture PLC $ACN

Yousif Capital Management LLC decreased its position in shares of Accenture PLC (NYSE:ACN) by 0.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,110 shares of the information technology services provider’s stock after selling 335 shares during the quarter. Yousif Capital Management LLC’s holdings in Accenture were worth $23,944,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Viawealth LLC lifted its stake in Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after purchasing an additional 33 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in Accenture by 2.1% in 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 lifted its stake in Accenture by 0.4% in 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 lifted its stake in Accenture by 14.5% in 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, Texas Bank & Trust Co lifted its stake in Accenture by 0.4% in the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock worth $2,553,000 after purchasing an additional 35 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ACN shares. Guggenheim lowered their target price on shares of Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. Evercore ISI set a $280.00 price objective on shares of Accenture in a research report on Thursday, September 25th. Benchmark restated a “mixed” rating on shares of Accenture in a research report on Friday, June 20th. Finally, Barclays lowered their price objective on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating on the stock in a research report on Monday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Price Performance

ACN stock opened at $241.11 on Monday. 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 fifty day moving average is $247.45 and its 200 day moving average is $281.18. The firm has a market cap of $151.01 billion, a P/E ratio of 19.84, a P/E/G ratio of 2.10 and a beta of 1.28.

Accenture (NYSE:ACN) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating 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 company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter last year, the firm earned $2.66 EPS. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

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