3,005 Shares in Accenture PLC $ACN Bought by Stableford Capital II LLC

Key Points

• Stableford Capital II LLC has acquired 3,005 shares of Accenture PLC, valued at approximately $851,000, during the second quarter.
• Accenture reported a quarterly earnings per share of $3.03, beating the consensus estimate by $0.05, with a revenue of $17.60 billion for the same period.
• The company announced an increase in its quarterly dividend from $1.48 to $1.63 per share, reflecting a positive change and offering a yield of 2.7%.

Stableford Capital II LLC purchased a new position in shares of Accenture PLC (NYSE:ACN - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,005 shares of the information technology services provider's stock, valued at approximately $851,000.

A number of other hedge funds have also bought and sold shares of ACN. Price T Rowe Associates Inc. MD lifted its holdings in 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 acquiring an additional 3,490,569 shares during the period. Vanguard Group Inc. lifted its holdings in 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 acquiring an additional 3,419,577 shares during the period. Pacer Advisors Inc. raised its stake in shares of Accenture by 2,782.1% in the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider's stock valued at $450,985,000 after buying an additional 1,395,135 shares during the period. McElhenny Sheffield Capital Management LLC bought a new stake in shares of Accenture in the second quarter valued at $308,000. Finally, Invesco Ltd. raised its stake in shares of Accenture by 23.5% in the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider's stock valued at $880,960,000 after buying an additional 537,223 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Accenture Price Performance

Shares of NYSE ACN opened at $240.23 on Thursday. The stock has a market cap of $150.46 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 2.13 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. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42. The stock has a fifty day moving average of $246.95 and a 200-day moving average of $280.22.

Accenture (NYSE:ACN - Get Free Report) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating 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 company had revenue of $17.60 billion during the quarter, compared to analysts' expectations of $17.34 billion. During the same period in the previous year, the business earned $2.66 earnings per share. 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. Equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date 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 yield of 2.7%. Accenture's dividend payout ratio (DPR) is presently 53.66%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Evercore ISI set a $280.00 target price on Accenture in a research note on Thursday, September 25th. BMO Capital Markets lowered their target price on Accenture from $325.00 to $270.00 and set a "market perform" rating on the stock in a research note on Friday, September 26th. Barclays lowered their target price on Accenture from $390.00 to $360.00 and set an "overweight" rating on the stock in a research note on Monday, June 23rd. Hsbc Global Res upgraded Accenture to a "moderate sell" rating in a research note on Monday, July 28th. Finally, BNP Paribas Exane reduced their price target on Accenture from $300.00 to $255.00 and set a "neutral" rating for the company in a research report on Wednesday, September 24th. 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 issued a Sell rating to the stock. According to data from MarketBeat, Accenture presently has an average rating of "Moderate Buy" and a consensus target price of $300.22.

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.

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