PDS Planning Inc Has $1.21 Million Stock Position in Accenture PLC $ACN

PDS Planning Inc raised its stake in shares of Accenture PLC (NYSE:ACN) by 34.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,055 shares of the information technology services provider’s stock after purchasing an additional 1,044 shares during the quarter. PDS Planning Inc’s holdings in Accenture were worth $1,212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Price T Rowe Associates Inc. MD raised its stake in Accenture by 63.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after acquiring an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. boosted its position in Accenture by 5.7% in the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after buying an additional 3,419,577 shares in the last quarter. Pacer Advisors Inc. boosted its position in Accenture by 2,782.1% in the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after buying an additional 1,395,135 shares in the last quarter. McElhenny Sheffield Capital Management LLC acquired a new position in Accenture in the second quarter valued at about $308,000. Finally, Invesco Ltd. raised its stake in shares of Accenture by 23.5% in the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock valued at $880,960,000 after acquiring an additional 537,223 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Down 4.3%

Shares of NYSE:ACN opened at $241.11 on Friday. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company has a 50 day moving average of $247.45 and a 200-day moving average of $281.57. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. The stock has a market cap of $151.01 billion, a price-to-earnings ratio of 19.84, a P/E/G ratio of 2.19 and a beta of 1.28.

Accenture (NYSE:ACN) last announced its quarterly earnings data 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 firm had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same period last year, the firm earned $2.66 earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio is currently 48.72%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. TD Cowen dropped 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. Benchmark restated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. BMO Capital Markets reduced their price target on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research report on Friday, September 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a research note on Wednesday. Finally, Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday. One investment 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, Accenture currently has an average rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Company 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.