Martin Investment Management LLC Has $6.38 Million Holdings in Accenture PLC $ACN

Martin Investment Management LLC boosted its position in shares of Accenture PLC (NYSE:ACN) by 1.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 21,355 shares of the information technology services provider’s stock after buying an additional 254 shares during the quarter. Accenture accounts for 1.6% of Martin Investment Management LLC’s investment portfolio, making the stock its 25th biggest holding. Martin Investment Management LLC’s holdings in Accenture were worth $6,383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Accenture during the first quarter worth approximately $31,000. RMG Wealth Management LLC purchased a new stake in Accenture in the 2nd quarter worth approximately $33,000. WPG Advisers LLC acquired a new stake in shares of Accenture during 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, Fiduciary Wealth Partners LLC purchased a new position in shares of Accenture during the 1st quarter valued at $45,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at $346,763.30. This represents a 64.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction that occurred 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 directly owned 1,860 shares in the company, valued at $465,018.60. The trade was a 78.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,319 shares of company stock valued at $8,335,225 in the last quarter. Corporate insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Rothschild & Co Redburn increased their price objective on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. BNP Paribas Exane dropped their price objective on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a report on Wednesday, September 24th. Wells Fargo & Company started coverage on shares of Accenture in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 price objective for the company. The Goldman Sachs Group cut their target price on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Finally, Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Accenture Stock Performance

Shares of NYSE ACN opened at $245.87 on Friday. 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 PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The business’s 50 day moving average is $245.69 and its two-hundred day moving average is $274.72. The company has a market cap of $161.90 billion, a P/E ratio of 20.24, a P/E/G ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. The company had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the business posted $2.66 EPS. 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 declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a dividend of $1.63 per share. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, October 10th. 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.