Arvest Bank Trust Division Sells 5,762 Shares of Accenture PLC $ACN

Arvest Bank Trust Division trimmed its position in Accenture PLC (NYSE:ACN) by 11.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 43,141 shares of the information technology services provider’s stock after selling 5,762 shares during the period. Arvest Bank Trust Division’s holdings in Accenture were worth $12,894,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Accenture during the first quarter worth about $31,000. RMG Wealth Management LLC acquired a new stake in Accenture during the 2nd quarter worth approximately $33,000. WPG Advisers LLC bought a new stake in Accenture during the 1st quarter worth approximately $42,000. Cheviot Value Management LLC acquired a new position in Accenture in the 1st quarter valued at approximately $43,000. Finally, Fiduciary Wealth Partners LLC bought a new position in shares of Accenture during the first quarter valued at $45,000. Institutional investors own 75.14% of the company’s stock.

Insider Activity at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Julie Spellman Sweet sold 5,917 shares of Accenture stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares of the company’s stock, valued at $2,120,685.38. This represents a 40.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by company insiders.

Accenture Stock Up 0.4%

Shares of NYSE ACN opened at $247.58 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a market cap of $163.02 billion, a PE ratio of 20.38, a P/E/G ratio of 2.16 and a beta of 1.28. The company’s fifty day simple moving average is $244.85 and its 200 day simple moving average is $273.56. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter in the prior year, the business earned $2.66 earnings per share. 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. As a group, sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. The ex-dividend date is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 53.66%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Morgan Stanley decreased their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a report on Tuesday, September 9th. UBS Group lowered their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research report on Wednesday, September 24th. Wells Fargo & Company began coverage on Accenture in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 target price on the stock. Cowen reissued a “buy” rating on shares of Accenture in a research report on Friday, September 26th. Finally, Hsbc Global Res raised shares of Accenture to a “moderate sell” rating in a research note on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $294.25.

Accenture 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.