Guyasuta Investment Advisors Inc. Has $14.44 Million Stock Holdings in Accenture PLC $ACN

Key Points

• Guyasuta Investment Advisors Inc. increased its holdings in Accenture PLC by 4.2% during Q2, owning 48,302 shares valued at approximately $14.44 million.
• Accenture recently announced an increased quarterly dividend of $1.63 per share, up from $1.48, representing a dividend yield of 2.7%.
• Several analysts have recently lowered their target prices for Accenture stock, with HSBC adjusting its target from $240 to $215, while the consensus rating remains a "Moderate Buy."

Guyasuta Investment Advisors Inc. lifted its holdings in shares of Accenture PLC (NYSE:ACN - Free Report) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,302 shares of the information technology services provider's stock after buying an additional 1,967 shares during the period. Guyasuta Investment Advisors Inc.'s holdings in Accenture were worth $14,437,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Neumann Capital Management LLC boosted its stake in shares of Accenture by 0.7% during the 2nd quarter. Neumann Capital Management LLC now owns 7,172 shares of the information technology services provider's stock worth $2,144,000 after buying an additional 50 shares during the last quarter. RBA Wealth Management LLC lifted its stake in Accenture by 13.0% in the 2nd quarter. RBA Wealth Management LLC now owns 8,277 shares of the information technology services provider's stock valued at $2,474,000 after purchasing an additional 951 shares during the last quarter. KWB Wealth acquired a new stake in Accenture in the 2nd quarter valued at about $547,000. Blossom Wealth Management lifted its stake in Accenture by 14.9% in the 2nd quarter. Blossom Wealth Management now owns 1,089 shares of the information technology services provider's stock valued at $325,000 after purchasing an additional 141 shares during the last quarter. Finally, Spirepoint Private Client LLC lifted its stake in Accenture by 608.0% in the 2nd quarter. Spirepoint Private Client LLC now owns 11,909 shares of the information technology services provider's stock valued at $3,559,000 after purchasing an additional 10,227 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on ACN. HSBC cut their target price on shares of Accenture from $240.00 to $215.00 in a research note on Friday. Barclays cut their target price on shares of Accenture from $390.00 to $360.00 and set an "overweight" rating for the company in a research note on Monday, June 23rd. Benchmark reiterated a "mixed" rating on shares of Accenture in a research note on Friday, June 20th. Wolfe Research lowered their price target on shares of Accenture from $290.00 to $285.00 and set an "outperform" rating on the stock in a report on Tuesday, September 23rd. Finally, Guggenheim lowered their price target on shares of Accenture from $305.00 to $285.00 and set a "buy" rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $301.91.

Accenture Stock Up 3.0%

Accenture stock opened at $239.43 on Friday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company's 50-day moving average price is $253.43 and its two-hundred day moving average price is $286.02. The stock has a market cap of $149.96 billion, a P/E ratio of 19.71, a P/E/G ratio of 2.05 and a beta of 1.29. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16.

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, 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 company had revenue of $17.60 billion for the quarter, compared to analysts' expectations of $17.34 billion. During the same period last year, the firm earned $2.66 earnings per share. The business's revenue for the quarter 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. As a group, analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This is a boost from Accenture's previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. Accenture's payout ratio is 53.66%.

Insider Transactions at Accenture

In other news, insider Angela Beatty sold 203 shares of the firm's stock in a transaction that occurred on 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 directly owned 5,249 shares of the company's stock, valued at approximately $1,482,002.66. This trade represents a 3.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the transaction, the chief executive officer directly owned 8,109 shares in the company, 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. Over the last ninety days, insiders have sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is currently owned by company insiders.

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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