Accenture PLC $ACN Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lessened its position in shares of Accenture PLC (NYSE:ACN) by 5.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 453,782 shares of the information technology services provider’s stock after selling 27,422 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.07% of Accenture worth $136,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. C WorldWide Group Holding A S increased its position in shares of Accenture by 35.9% during the second quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock worth $2,435,000 after purchasing an additional 2,151 shares in the last quarter. Truist Financial Corp grew its stake in Accenture by 7.0% during the 2nd quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock worth $130,376,000 after buying an additional 28,685 shares during the last quarter. Redwood Investments LLC increased its position in Accenture by 6.2% during the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock worth $6,892,000 after buying an additional 1,287 shares during the period. Prudential PLC lifted its stake in Accenture by 20.4% in the second quarter. Prudential PLC now owns 56,130 shares of the information technology services provider’s stock valued at $16,777,000 after buying an additional 9,510 shares during the last quarter. Finally, PDS Planning Inc grew its position in shares of Accenture by 34.7% during the second quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock worth $1,212,000 after acquiring an additional 1,044 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ACN has been the subject of several research reports. The Goldman Sachs Group reduced their price target on shares of Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a research report on Friday, September 26th. HSBC lowered their price target on Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Susquehanna reduced their price objective on Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research note on Thursday, September 18th. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. Finally, Cowen restated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $294.25.

Insider Transactions at Accenture

In other Accenture news, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the sale, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This represents a 78.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction 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 directly owned 1,390 shares of the company’s stock, valued at $346,763.30. This trade represents a 64.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,319 shares of company stock valued at $8,335,225 in the last quarter. 0.02% of the stock is currently owned by corporate insiders.

Accenture Price Performance

Accenture stock opened at $243.95 on Tuesday. The company has a market cap of $160.64 billion, a P/E ratio of 20.08, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The business has a fifty day moving average of $244.42 and a two-hundred day moving average of $270.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $17.34 billion. During the same quarter last year, the firm posted $2.66 EPS. The business’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 predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

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