Capital Advisors Inc. OK Sells 1,823 Shares of Accenture PLC $ACN

Key Points

• Capital Advisors Inc. OK reduced its stake in Accenture PLC by 0.7%, selling 1,823 shares and holding a total of 243,670 shares, making it the 17th largest holding in their portfolio valued at approximately $72.83 million.
• Accenture recently announced quarterly earnings of $3.03 EPS, exceeding analysts' expectations, with a revenue of $17.60 billion, representing a 7.3% increase compared to the same quarter last year.
• The company declared an increased quarterly dividend of $1.63 per share, up from $1.48, with an annualized yield of 2.7%, to be paid on November 14th.

Capital Advisors Inc. OK reduced its stake in shares of Accenture PLC (NYSE:ACN - Free Report) by 0.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 243,670 shares of the information technology services provider's stock after selling 1,823 shares during the quarter. Accenture accounts for approximately 1.3% of Capital Advisors Inc. OK's portfolio, making the stock its 17th largest holding. Capital Advisors Inc. OK's holdings in Accenture were worth $72,831,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA purchased a new position in shares of Accenture in the first quarter worth $31,000. Inlight Wealth Management LLC purchased a new position in shares of Accenture in the first quarter worth $32,000. WPG Advisers LLC purchased a new position in shares of Accenture in the first quarter worth $42,000. Atwood & Palmer Inc. increased its stake in shares of Accenture by 407.4% in the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider's stock worth $43,000 after buying an additional 110 shares during the period. Finally, Cheviot Value Management LLC purchased a new position in shares of Accenture in the first quarter worth $43,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on ACN shares. Rothschild & Co Redburn boosted their price objective on shares of Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. BNP Paribas Exane reduced their price objective on shares of Accenture from $300.00 to $255.00 and set a "neutral" rating on the stock in a research report on Wednesday, September 24th. Wall Street Zen raised shares of Accenture from a "hold" rating to a "buy" rating in a research report on Friday. Stifel Nicolaus reduced their price objective on shares of Accenture from $355.00 to $315.00 and set a "buy" rating on the stock in a research report on Tuesday, September 16th. Finally, Benchmark reissued a "mixed" rating on shares of Accenture in a research report on Friday, June 20th. One investment 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $300.22.

Accenture Stock Performance

Shares of Accenture stock opened at $245.39 on Monday. The stock has a market cap of $153.69 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 2.14 and a beta of 1.28. The firm's 50-day moving average is $249.57 and its 200 day moving average is $283.24. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. 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 quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.98 by $0.05. The company 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%. Accenture's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side 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 paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis 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 dividend payout ratio (DPR) is presently 48.72%.

Insider Buying and Selling

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer owned 8,109 shares in the company, valued at approximately $2,290,387.05. This represents a 21.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Angela Beatty sold 203 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $57,315.02. Following the transaction, the insider owned 5,249 shares in the company, valued at $1,482,002.66. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,954 shares of company stock worth $834,280 in the last quarter. 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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