3,595 Shares in Accenture PLC $ACN Purchased by Triton Financial Group Inc

Key Points

• Triton Financial Group Inc has acquired 3,595 shares of Accenture PLC, valued at approximately $1,075,000, highlighting continued interest in the tech services provider.
• A variety of institutional investors increased their stakes in Accenture, with Price T Rowe Associates boosting their holdings by 63.9%, indicating strong confidence in the company’s performance.
• Accenture has announced a quarterly dividend increase to $1.63 per share, with a yield of 2.7%, reflecting its commitment to returning value to shareholders.

Triton Financial Group Inc bought a new position in shares of Accenture PLC (NYSE:ACN - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,595 shares of the information technology services provider's stock, valued at approximately $1,075,000.

A number of other institutional investors also recently added to or reduced their stakes in ACN. Price T Rowe Associates Inc. MD boosted 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 valued at $2,793,889,000 after purchasing an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. boosted 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 valued at $19,912,594,000 after purchasing an additional 3,419,577 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Accenture by 2,782.1% during 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 purchasing an additional 1,395,135 shares in the last quarter. McElhenny Sheffield Capital Management LLC acquired a new stake in Accenture during the second quarter valued at approximately $308,000. Finally, Invesco Ltd. boosted its holdings in Accenture by 23.5% during 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 purchasing an additional 537,223 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ACN shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Accenture from $260.00 to $235.00 and set a "hold" rating on the stock in a report on Friday, September 26th. Cowen reissued a "buy" rating on shares of Accenture in a report on Friday, September 26th. Jefferies Financial Group reissued a "hold" rating on shares of Accenture in a report on Tuesday, September 30th. Evercore ISI set a $280.00 target price on Accenture in a report on Thursday, September 25th. Finally, Guggenheim reduced their target price on Accenture from $305.00 to $285.00 and set a "buy" rating on the stock in a report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $300.22.

Accenture Stock Performance

ACN stock opened at $242.31 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. The company has a 50 day moving average price of $246.85 and a 200 day moving average price of $278.44. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The stock has a market capitalization of $159.55 billion, a PE ratio of 19.94, a price-to-earnings-growth ratio of 2.08 and a beta of 1.28.

Accenture (NYSE:ACN - Get Free Report) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share 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 firm had revenue of $17.60 billion during the quarter, compared to analysts' expectations of $17.34 billion. During the same quarter in the previous year, the company posted $2.66 EPS. Accenture's 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. Analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be given a $1.63 dividend. This is a boost from Accenture's previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture's dividend payout ratio is presently 53.66%.

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.

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