Accenture PLC $ACN Shares Sold by Roundview Capital LLC

Key Points

• Roundview Capital LLC reduced its stake in Accenture PLC by 45.8%, selling 3,009 shares, leaving them with a total of 3,555 shares valued at over $1 million.
• Accenture reported a Q4 earnings of $3.03 EPS, beating analysts' estimates, with a total revenue of $17.60 billion for the quarter, a 7.3% increase year-over-year.
• The company announced a quarterly dividend increase to $1.63 per share from $1.48, representing an annual yield of 2.6%.

Roundview Capital LLC lowered its position in shares of Accenture PLC (NYSE:ACN - Free Report) by 45.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 3,555 shares of the information technology services provider's stock after selling 3,009 shares during the quarter. Roundview Capital LLC's holdings in Accenture were worth $1,063,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ACN. Vanguard Group Inc. raised its stake in shares of Accenture by 5.7% during the 1st 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 buying an additional 3,419,577 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Accenture by 63.9% during the 1st 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 buying an additional 3,490,569 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Accenture by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider's stock valued at $2,111,378,000 after buying an additional 228,939 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of 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 buying an additional 126,548 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of 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 buying an additional 164,573 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company's stock.

Accenture Price Performance

Shares of Accenture stock opened at $251.42 on Wednesday. The business has a 50 day simple moving average of $248.44 and a two-hundred day simple moving average of $282.62. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. 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 current ratio of 1.42 and a quick ratio of 1.46.

Accenture (NYSE:ACN - Get Free Report) last announced its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $17.34 billion. During the same quarter in the prior year, the firm earned $2.66 earnings per share. The business's 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. As a group, analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Friday, October 10th. This is an increase from Accenture's previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. Accenture's payout ratio is currently 48.72%.

Analysts Set New Price Targets

A number of research firms have weighed in on ACN. Rothschild & Co Redburn lifted their price objective on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Stifel Nicolaus reduced their price target on Accenture from $355.00 to $315.00 and set a "buy" rating for the company in a report on Tuesday, September 16th. Cowen reaffirmed a "buy" rating on shares of Accenture in a report on Friday, September 26th. Susquehanna reduced their price target on Accenture from $330.00 to $270.00 and set a "neutral" rating for the company in a report on Thursday, September 18th. Finally, Robert W. Baird reduced their price target on Accenture from $350.00 to $330.00 and set an "outperform" rating for the company in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Accenture has a consensus rating of "Moderate Buy" and an average target price of $300.22.

Insider Activity

In other news, CEO Mauro Macchi sold 500 shares of the company's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the sale, the chief executive officer directly owned 2,283 shares in the company, valued at $644,582.22. This represents a 17.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of the company's stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the sale, the chief executive officer owned 8,109 shares of the company's stock, valued at $2,290,387.05. This trade represents a 21.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,954 shares of company stock worth $834,280 over the last ninety days. Corporate insiders own 0.02% of the company's stock.

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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