Atria Wealth Solutions Inc. decreased its holdings in shares of Accenture PLC (NYSE:ACN - Free Report) by 53.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,643 shares of the information technology services provider's stock after selling 9,915 shares during the period. Atria Wealth Solutions Inc.'s holdings in Accenture were worth $2,592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently modified their holdings of ACN. Brighton Jones LLC lifted its stake in shares of Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider's stock valued at $6,486,000 after buying an additional 4,905 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Accenture by 4.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 238,295 shares of the information technology services provider's stock valued at $74,357,000 after buying an additional 9,689 shares in the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Accenture by 62.2% during the 1st quarter. Exchange Traded Concepts LLC now owns 905 shares of the information technology services provider's stock valued at $282,000 after buying an additional 347 shares in the last quarter. Good Life Advisors LLC lifted its stake in shares of Accenture by 1.7% during the 1st quarter. Good Life Advisors LLC now owns 3,498 shares of the information technology services provider's stock valued at $1,091,000 after buying an additional 57 shares in the last quarter. Finally, Sowell Financial Services LLC purchased a new position in shares of Accenture during the 1st quarter valued at $1,500,000. Hedge funds and other institutional investors own 75.14% of the company's stock.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. Susquehanna lowered their target price on shares of Accenture from $330.00 to $270.00 and set a "neutral" rating on the stock in a research note on Thursday, September 18th. The Goldman Sachs Group decreased their price target on shares of Accenture from $370.00 to $330.00 and set a "buy" rating on the stock in a research note on Friday, September 26th. Benchmark reiterated a "mixed" rating on shares of Accenture in a research note on Friday, June 20th. Stifel Nicolaus decreased their price target on shares of Accenture from $355.00 to $315.00 and set a "buy" rating on the stock in a research note on Tuesday, September 16th. Finally, Wolfe Research decreased their price target on shares of Accenture from $290.00 to $285.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 23rd. 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 given a Sell rating to the company's stock. According to data from MarketBeat, Accenture presently has a consensus rating of "Moderate Buy" and an average price target of $300.22.
Read Our Latest Stock Analysis on ACN
Accenture Stock Up 0.2%
Shares of NYSE ACN opened at $244.15 on Wednesday. The firm's 50-day moving average price is $247.10 and its 200-day moving average price is $280.50. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $152.92 billion, a price-to-earnings ratio of 20.09, a P/E/G ratio of 2.12 and a beta of 1.28. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35.
Accenture (NYSE:ACN - Get Free Report) last announced its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to analysts' expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business's revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.
Accenture Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture's previous quarterly dividend of $1.48. Accenture's payout ratio is currently 53.66%.
Accenture Company Profile
(
Free Report)
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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