Accenture PLC $ACN Shares Sold by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. reduced its position in shares of Accenture PLC (NYSE:ACN) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,980 shares of the information technology services provider’s stock after selling 322 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Accenture were worth $3,581,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ACN. Brighton Jones LLC grew its holdings in Accenture by 36.2% during the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after acquiring an additional 4,905 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of Accenture by 41.4% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,864 shares of the information technology services provider’s stock valued at $1,518,000 after purchasing an additional 1,424 shares during the period. Focus Financial Network Inc. boosted its position in shares of Accenture by 10.7% in the 1st quarter. Focus Financial Network Inc. now owns 4,895 shares of the information technology services provider’s stock valued at $1,527,000 after purchasing an additional 472 shares during the period. Exchange Bank boosted its position in shares of Accenture by 5.4% in the 1st quarter. Exchange Bank now owns 776 shares of the information technology services provider’s stock valued at $242,000 after purchasing an additional 40 shares during the period. Finally, Simon Quick Advisors LLC boosted its position in shares of Accenture by 9.7% in the 1st quarter. Simon Quick Advisors LLC now owns 5,960 shares of the information technology services provider’s stock valued at $1,860,000 after purchasing an additional 525 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on ACN. Royal Bank Of Canada decreased their price objective on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Morgan Stanley decreased their price objective on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. BNP Paribas Exane reduced their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. TD Cowen reduced their price target on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. Finally, Wolfe Research reduced their price target on Accenture from $290.00 to $285.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Stock Performance

Shares of NYSE ACN opened at $252.28 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $247.73 and its two-hundred day moving average is $282.04. The company has a market cap of $158.01 billion, a P/E ratio of 20.76, a P/E/G ratio of 2.20 and a beta of 1.28. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping 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 analyst estimates of $17.34 billion. During the same quarter last year, the firm earned $2.66 EPS. Accenture’s revenue for the quarter 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, equities analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is 48.72%.

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.