Capital Investment Advisors LLC Buys 4,387 Shares of Accenture PLC $ACN

Key Points

• Capital Investment Advisors LLC increased its stake in Accenture PLC by 36.5%, acquiring an additional 4,387 shares during Q2, bringing its total holdings to 16,401 shares valued at approximately $4.9 million.
• Insider trading activity included the sale of 203 shares by insider Angela Beatty and 500 shares by CEO Mauro Macchi, with both sales occurring at an average price of $282.34.
• Accenture recently declared a quarterly dividend of $1.63 per share, an increase from the previous $1.48, and the dividend yield now stands at 2.6%.

Capital Investment Advisors LLC increased its stake in Accenture PLC (NYSE:ACN - Free Report) by 36.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,401 shares of the information technology services provider's stock after acquiring an additional 4,387 shares during the quarter. Capital Investment Advisors LLC's holdings in Accenture were worth $4,902,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Kelly Lawrence W & Associates Inc. CA acquired a new position in Accenture during the first quarter worth $31,000. Inlight Wealth Management LLC bought a new position in shares of Accenture during the first quarter valued at about $32,000. WPG Advisers LLC bought a new position in shares of Accenture during the first quarter valued at about $42,000. Atwood & Palmer Inc. lifted its position in shares of Accenture by 407.4% during the first quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider's stock valued at $43,000 after purchasing an additional 110 shares in the last quarter. Finally, Cheviot Value Management LLC bought a new position in shares of Accenture during the first quarter valued at about $43,000. Institutional investors own 75.14% of the company's stock.

Insider Buying and Selling

In related news, insider Angela Beatty sold 203 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the completion of the transaction, the insider directly owned 5,249 shares in the company, valued at $1,482,002.66. This trade represents a 3.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $141,170.00. Following the completion of the transaction, the chief executive officer owned 2,283 shares of the company's stock, valued at approximately $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 in the last three months. 0.02% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ACN has been the topic of a number of recent analyst reports. Cowen reissued a "buy" rating on shares of Accenture in a research report on Friday. TD Cowen dropped their price target on shares of Accenture from $313.00 to $295.00 and set a "buy" rating on the stock in a research report on Friday, September 26th. Benchmark reiterated a "mixed" rating on shares of Accenture in a research note on Friday, June 20th. Evercore ISI set a $280.00 target price on shares of Accenture in a research note on Thursday, September 25th. Finally, UBS Group reduced their target price on shares of Accenture from $363.00 to $315.00 and set a "buy" rating for the company in a research note on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $300.22.

Accenture Stock Down 0.1%

Shares of Accenture stock opened at $246.72 on Wednesday. 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 company's fifty day simple moving average is $251.91 and its two-hundred day simple moving average is $285.04. The company has a market cap of $154.53 billion, a P/E ratio of 20.31, a PEG ratio of 2.15 and a beta of 1.29. 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 issued its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Research analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm 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 annualized dividend and a dividend yield of 2.6%. 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 48.72%.

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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