Sather Financial Group Inc Raises Holdings in Accenture PLC $ACN

Key Points

• Sather Financial Group Inc increased its holdings in Accenture PLC by 2.6%, now owning 136,563 shares valued at approximately $40.8 million, making it the 21st largest holding in their portfolio.
• Accenture recently declared a quarterly dividend increase to $1.63 per share, up from $1.48, demonstrating a commitment to returning value to shareholders.
• Despite a reported net margin of 11.02% and surpassing earnings expectations, Accenture's stock has seen a recent price drop of 4.3%.

Sather Financial Group Inc grew its position in Accenture PLC (NYSE:ACN - Free Report) by 2.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 136,563 shares of the information technology services provider's stock after buying an additional 3,497 shares during the quarter. Accenture accounts for 2.4% of Sather Financial Group Inc's holdings, making the stock its 21st largest holding. Sather Financial Group Inc's holdings in Accenture were worth $40,817,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Viawealth LLC boosted its position in Accenture by 2.6% during the first quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider's stock valued at $408,000 after purchasing an additional 33 shares in the last quarter. Aprio Wealth Management LLC boosted its position in Accenture by 2.1% during the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider's stock valued at $512,000 after purchasing an additional 33 shares in the last quarter. First National Advisers LLC boosted its position in Accenture by 0.4% during the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider's stock valued at $2,939,000 after purchasing an additional 34 shares in the last quarter. TCTC Holdings LLC boosted its position in Accenture by 14.5% during the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider's stock valued at $84,000 after purchasing an additional 34 shares in the last quarter. Finally, Texas Bank & Trust Co boosted its position in Accenture by 0.4% during the first quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider's stock valued at $2,553,000 after purchasing an additional 35 shares in the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ACN shares. UBS Group dropped their price objective on Accenture from $363.00 to $315.00 and set a "buy" rating on the stock in a research report on Wednesday, September 24th. Hsbc Global Res raised Accenture to a "moderate sell" rating in a research report on Monday, July 28th. Mizuho lowered their price target on Accenture from $348.00 to $309.00 and set an "outperform" rating for the company in a report on Monday, September 29th. Benchmark reissued a "mixed" rating on shares of Accenture in a report on Friday, June 20th. Finally, JPMorgan Chase & Co. lowered their price target on Accenture from $302.00 to $290.00 and set an "overweight" rating for the company in a report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given 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.

Accenture Trading Down 4.3%

Shares of Accenture stock opened at $241.11 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The firm has a fifty day moving average price of $247.45 and a 200 day moving average price of $281.37. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The stock has a market cap of $151.01 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 2.10 and a beta of 1.28.

Accenture (NYSE:ACN - Get Free Report) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (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 firm had revenue of $17.60 billion during the quarter, compared to analysts' expectations of $17.34 billion. During the same quarter last year, the company posted $2.66 earnings per share. The firm'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. Equities research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This is a boost from Accenture's previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. Accenture's dividend payout ratio is presently 48.72%.

About Accenture

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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