WoodTrust Financial Corp Has $562,000 Stock Holdings in Accenture PLC $ACN

Key Points

• WoodTrust Financial Corp has reduced its stake in Accenture PLC by 66.4%, now holding 1,880 shares worth approximately $562,000.
• Accenture's CEO, Mauro Macchi, sold 500 shares at an average price of $282.34, resulting in a decrease of 17.97% in his position, while fellow CEO Julie Spellman Sweet sold 2,251 shares.
• The company declared a quarterly dividend of $1.63 per share, representing a yield of 2.6%, an increase from its previous dividend of $1.48.

WoodTrust Financial Corp trimmed its stake in Accenture PLC (NYSE:ACN - Free Report) by 66.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,880 shares of the information technology services provider's stock after selling 3,720 shares during the quarter. WoodTrust Financial Corp's holdings in Accenture were worth $562,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ACN. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Accenture during the first quarter valued at about $31,000. Inlight Wealth Management LLC bought a new stake in Accenture in the first quarter worth about $32,000. RMG Wealth Management LLC bought a new stake in Accenture in the second quarter worth about $33,000. WPG Advisers LLC bought a new stake in Accenture in the first quarter worth about $42,000. Finally, Atwood & Palmer Inc. raised its position in 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 acquiring an additional 110 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Accenture news, CEO Mauro Macchi sold 500 shares of the business'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 value 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 $644,582.22. The trade was a 17.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 2,251 shares of the company's stock in a transaction 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 sale, the chief executive officer directly owned 8,109 shares of the company's stock, valued at $2,290,387.05. This trade represents a 21.73% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock valued at $834,280 in the last quarter. Corporate insiders own 0.02% of the company's stock.

Analyst Upgrades and Downgrades

ACN has been the topic of several research reports. Morgan Stanley lowered their price target on shares of Accenture from $325.00 to $271.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 9th. Evercore ISI set a $280.00 price target on shares of Accenture in a research report on Thursday, September 25th. Royal Bank Of Canada lowered their price target on shares of Accenture from $372.00 to $285.00 and set an "outperform" rating on the stock in a research report on Friday, September 26th. Cowen reaffirmed a "buy" rating on shares of Accenture in a research note on Friday, September 26th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Accenture from $302.00 to $290.00 and set an "overweight" rating for the company in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has a consensus rating of "Moderate Buy" and a consensus target price of $300.22.

Accenture Price Performance

ACN stock opened at $251.42 on Wednesday. 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 PLC has a one year low of $229.40 and a one year high of $398.35. The stock has a market cap of $157.47 billion, a PE ratio of 20.69, a P/E/G ratio of 2.16 and a beta of 1.28. The firm has a 50 day simple moving average of $248.44 and a two-hundred day simple moving average of $282.62.

Accenture (NYSE:ACN - Get Free Report) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts' consensus estimates of $2.98 by $0.05. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business had revenue of $17.60 billion during the quarter, compared to analysts' expectations of $17.34 billion. During the same quarter in the previous year, the company earned $2.66 EPS. The business's quarterly 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. On average, analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal 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 paid a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. This is a boost from Accenture's previous quarterly dividend of $1.48. Accenture's dividend payout ratio is presently 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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