6,000 Accenture PLC $ACN Shares Sold by Commons Capital LLC

Commons Capital LLC lessened its holdings in shares of Accenture PLC (NYSE:ACN) by 44.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,500 shares of the information technology services provider’s stock after selling 6,000 shares during the quarter. Accenture accounts for about 0.9% of Commons Capital LLC’s portfolio, making the stock its 22nd largest position. Commons Capital LLC’s holdings in Accenture were worth $1,375,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. IMG Wealth Management Inc. raised its holdings in shares of Accenture by 134.8% in the first quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock worth $31,000 after buying an additional 89 shares during the period. Foresight Capital Management Advisors Inc. bought a new stake in shares of Accenture during the 3rd quarter worth approximately $31,000. Signature Equity Partners LLC lifted its stake in shares of Accenture by 50.9% during the 3rd quarter. Signature Equity Partners LLC now owns 172 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 58 shares during the last quarter. Dogwood Wealth Management LLC boosted its holdings in Accenture by 147.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock valued at $27,000 after acquiring an additional 128 shares during the period. Finally, Financial Network Wealth Advisors LLC boosted its holdings in Accenture by 587.5% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 220 shares of the information technology services provider’s stock valued at $40,000 after acquiring an additional 188 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Accenture stock opened at $253.46 on Thursday. The company has a 50 day moving average price of $214.33 and a 200-day moving average price of $191.50. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.43. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The company has a market capitalization of $149.81 billion, a PE ratio of 18.69, a P/E/G ratio of 1.99 and a beta of 1.01.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.18 by $0.11. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The company had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $18.03 billion. During the same quarter in the prior year, the firm earned $3.03 earnings per share. Accenture’s revenue was up 6.2% compared to the same quarter last year. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. As a group, equities analysts forecast that Accenture PLC will post 14.68 earnings per share for the current year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be issued a $1.71 dividend. The ex-dividend date is Tuesday, October 13th. This represents a $6.84 annualized dividend and a dividend yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.63. Accenture’s dividend payout ratio (DPR) is currently 50.44%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Jefferies Financial Group set a $220.00 price objective on Accenture in a research report on Friday, October 2nd. Susquehanna lifted their target price on Accenture from $210.00 to $230.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. Mizuho boosted their target price on shares of Accenture from $226.00 to $241.00 and gave the company an “outperform” rating in a research note on Tuesday, October 6th. Wells Fargo & Company boosted their target price on shares of Accenture from $210.00 to $252.00 and gave the company an “equal weight” rating in a research note on Monday, October 26th. Finally, Argus upped their price target on shares of Accenture from $220.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, October 2nd. Ten analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat.com, Accenture presently has an average rating of “Hold” and an average price target of $221.07.

Key Headlines Impacting Accenture

These are some of the ACN headlines that stood out recently:

• Positive Sentiment: An Ontario Workplace Safety and Insurance Board digital overhaul led by Accenture reportedly reduced employer registration time from days to under ten minutes. This concrete client outcome may help support the case for demand for its services. Accenture WSIB win article
• Positive Sentiment: U.S. management and technical consulting employment rose by 17,300 in October, its biggest monthly increase since December 2024. The hiring data offers a favorable signal for demand across the consulting sector, though it does not establish Accenture’s own growth. The Overlooked AI Trade article
• Negative Sentiment: Accenture had rallied about 31.5% from October 6 through November 9, leaving room for profit-taking. Coverage also raises a relative-value question versus Cognizant, which could weigh on near-term investor enthusiasm after the run-up. Accenture and Cognizant comparison

Insider Buying and Selling at Accenture

In other news, CEO Julie Sweet acquired 12,200 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The stock was purchased at an average cost of $245.99 per share, for a total transaction of $3,001,078.00. Following the completion of the acquisition, the chief executive officer directly owned 48,910 shares of the company’s stock, valued at $12,031,370.90. The trade was a 33.23% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Melissa A. Burgum sold 811 shares of Accenture stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $250.00, for a total value of $202,750.00. Following the completion of the sale, the chief accounting officer owned 9,820 shares of the company’s stock, valued at $2,455,000. The trade was a 7.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 18,675 shares of company stock worth $4,747,563. Insiders own 0.02% of the company’s stock.

About Accenture

Accenture plc is a global professional services company that helps businesses, governments and other organizations solve operational and technology challenges. Its work includes strategy and management consulting, digital transformation, systems integration and the design, implementation and management of technology solutions. The company serves clients across a broad range of industries and geographies. Its services span cloud computing, data and artificial intelligence, cybersecurity, software and platforms, business process operations, and digital marketing and customer experience.