Boston Family Office LLC Acquires 479 Shares of Accenture PLC $ACN

Boston Family Office LLC raised its holdings in Accenture PLC (NYSE:ACN) by 10.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,059 shares of the information technology services provider’s stock after acquiring an additional 479 shares during the period. Boston Family Office LLC’s holdings in Accenture were worth $1,512,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Kelly Lawrence W & Associates Inc. CA acquired a new position in Accenture during the 1st quarter worth approximately $31,000. RMG Wealth Management LLC acquired a new position in shares of Accenture during the second quarter worth $33,000. WPG Advisers LLC bought a new position in shares of Accenture in the 1st quarter valued at $42,000. Cheviot Value Management LLC acquired a new stake in shares of Accenture during the 1st quarter valued at $43,000. Finally, Traub Capital Management LLC bought a new stake in Accenture during the 2nd quarter worth $45,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Accenture

In related news, insider Manish Sharma sold 6,902 shares of the business’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 in the company, valued at $465,018.60. The trade was a 78.77% 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 Julie Spellman Sweet sold 9,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the transaction, the chief executive officer directly owned 23,516 shares in the company, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Evercore ISI set a $280.00 price objective on shares of Accenture in a report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a report on Friday, September 26th. Wells Fargo & Company began 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 for the company. Finally, Susquehanna decreased their price objective on Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a report on Thursday, September 18th. One investment 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.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $294.25.

Accenture Trading Up 3.0%

ACN opened at $257.51 on Tuesday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a fifty day moving average of $245.52 and a 200-day moving average of $267.80. The stock has a market cap of $169.56 billion, a PE ratio of 21.19, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16.

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, 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 for the quarter, compared to analysts’ expectations of $17.34 billion. During the same quarter in the prior year, the firm posted $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. On average, sell-side analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, October 10th were issued a $1.63 dividend. The ex-dividend date was Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.5%. 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.