Arcadia Investment Management Corp MI Trims Stake in Accenture PLC $ACN

Arcadia Investment Management Corp MI cut its stake in Accenture PLC (NYSE:ACN) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 48,858 shares of the information technology services provider’s stock after selling 1,581 shares during the period. Accenture accounts for approximately 2.3% of Arcadia Investment Management Corp MI’s portfolio, making the stock its 14th largest position. Arcadia Investment Management Corp MI’s holdings in Accenture were worth $14,603,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Accenture by 5.7% during the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after acquiring an additional 3,419,577 shares in the last quarter. Geode Capital Management LLC boosted its stake in Accenture by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Accenture by 63.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after purchasing an additional 3,490,569 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Accenture by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock worth $2,111,378,000 after purchasing an additional 228,939 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Accenture by 2.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock valued at $1,923,225,000 after buying an additional 126,548 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In other news, CEO Julie Spellman Sweet sold 5,917 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the sale, the chief executive officer directly owned 8,599 shares in the company, valued at $2,120,685.38. This trade represents a 40.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares in the company, valued at $346,763.30. This represents a 64.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,319 shares of company stock valued at $8,335,225 over the last ninety days. Company insiders own 0.02% of the company’s stock.

Wall Street Analysts Forecast Growth

ACN has been the topic of a number of recent analyst reports. BMO Capital Markets dropped their price target on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a report on Friday, September 26th. Cowen reaffirmed a “buy” rating on shares of Accenture in a research report on Friday, September 26th. UBS Group decreased 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. Hsbc Global Res upgraded Accenture to a “moderate sell” rating in a research note on Monday, July 28th. Finally, Stifel Nicolaus reduced their price objective on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Accenture has an average rating of “Moderate Buy” and an average target price of $294.25.

Accenture Price Performance

Shares of ACN opened at $245.29 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. The company’s fifty day moving average price is $244.66 and its 200-day moving average price is $273.22. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The firm has a market capitalization of $161.52 billion, a PE ratio of 20.19, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last issued 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. The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, equities research analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were paid a $1.63 dividend. The ex-dividend date was Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

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.