American Century Companies Inc. Has $154.42 Million Holdings in Accenture PLC $ACN

American Century Companies Inc. grew its holdings in Accenture PLC (NYSE:ACN) by 15.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 516,656 shares of the information technology services provider’s stock after purchasing an additional 68,060 shares during the period. American Century Companies Inc. owned about 0.08% of Accenture worth $154,424,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Kelly Lawrence W & Associates Inc. CA purchased a new stake in Accenture in the 1st quarter worth approximately $31,000. RMG Wealth Management LLC acquired a new position in shares of Accenture in the second quarter worth $33,000. WPG Advisers LLC purchased a new stake in shares of Accenture during the first quarter worth $42,000. Cheviot Value Management LLC acquired a new stake in Accenture during the first quarter valued at $43,000. Finally, Fiduciary Wealth Partners LLC purchased a new position in Accenture in the first quarter valued at about $45,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Julie Spellman Sweet sold 5,917 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54. Following the sale, the chief executive officer owned 8,599 shares in the company, valued at approximately $2,120,685.38. This trade represents a 40.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the transaction, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ACN shares. Deutsche Bank Aktiengesellschaft cut their price target on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. HSBC reduced their target price on shares of Accenture from $240.00 to $215.00 in a research note on Friday, September 26th. Wells Fargo & Company started coverage on shares of Accenture in a research note on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 price target on the stock. Royal Bank Of Canada cut their price target on shares of Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Finally, Rothschild Redb lowered shares of Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Accenture has an average rating of “Moderate Buy” and a consensus price target of $294.25.

Accenture Stock Performance

Shares of ACN opened at $251.87 on Monday. The company has a market capitalization of $165.85 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company’s fifty day moving average price is $244.30 and its 200 day moving average price is $270.69.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. During the same period last year, the business 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. As a group, analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date was Friday, October 10th. Accenture’s dividend payout ratio is presently 53.66%.

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.