14,351 Accenture PLC $ACN Shares Sold by Bahl & Gaynor LLC

Bahl & Gaynor LLC decreased its position in shares of Accenture PLC (NYSE:ACN) by 2.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 605,384 shares of the information technology services provider’s stock after selling 14,351 shares during the quarter. Bahl & Gaynor LLC’s holdings in Accenture were worth $111,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of ACN. Dogwood Wealth Management LLC increased its position in Accenture by 147.1% during the second quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 128 shares during the last quarter. IMG Wealth Management Inc. boosted its holdings in Accenture by 134.8% in the 1st quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock valued at $31,000 after purchasing an additional 89 shares during the last quarter. Foresight Capital Management Advisors Inc. acquired a new position in Accenture in the 3rd quarter valued at about $31,000. Signature Equity Partners LLC grew its stake in shares of Accenture by 50.9% in the 3rd quarter. Signature Equity Partners LLC now owns 172 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 58 shares during the period. Finally, Arlington Trust Co LLC grew its stake in shares of Accenture by 110.4% in the 2nd quarter. Arlington Trust Co LLC now owns 284 shares of the information technology services provider’s stock valued at $35,000 after buying an additional 149 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on ACN shares. Stifel Nicolaus set a $242.00 price target on shares of Accenture in a research report on Thursday, October 15th. Argus upped their price objective on Accenture from $220.00 to $260.00 and gave the company a “buy” rating in a report on Friday, October 2nd. Citigroup increased their price objective on Accenture from $135.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, August 24th. Robert W. Baird cut Accenture from an “outperform” rating to a “neutral” rating and raised their target price for the stock from $245.00 to $252.00 in a research note on Wednesday, October 21st. Finally, TD Cowen lifted their target price on Accenture from $193.00 to $201.00 and gave the company a “hold” rating in a research report on Thursday, October 15th. Ten investment analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $221.07.

Accenture Stock Up 1.8%

Shares of NYSE ACN opened at $258.82 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. The business’s 50 day moving average is $213.02 and its two-hundred day moving average is $191.64. Accenture PLC has a 52-week low of $118.15 and a 52-week high of $291.09. The firm has a market cap of $152.97 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 1.95 and a beta of 1.01.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $3.18 by $0.11. The business had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $18.03 billion. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The company’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.03 earnings per share. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. Research analysts predict that Accenture PLC will post 14.68 EPS for the current year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, October 13th will be issued a dividend of $1.71 per share. This is a positive change from Accenture’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, October 13th. This represents a $6.84 dividend on an annualized basis and a yield of 2.6%. Accenture’s dividend payout ratio (DPR) is 50.44%.

Insider Buying and Selling

In other Accenture news, CAO Melissa Burgum sold 811 shares of the business’s stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $250.00, for a total transaction of $202,750.00. Following the sale, the chief accounting officer directly owned 9,820 shares in the company, valued at $2,455,000. This represents a 7.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Atsushi Egawa sold 10,000 shares of the stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $270.00, for a total transaction of $2,700,000.00. Following the sale, the chief executive officer directly owned 5,996 shares in the company, valued at $1,618,920. This represents a 62.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 18,675 shares of company stock worth $4,747,563 over the last 90 days. 0.02% of the stock is owned by insiders.

Trending Headlines about Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture is working with Qantas to modernize its operations, providing evidence of continued demand for its transformation services. Qantas said the program will involve cutting 850 jobs over the coming years; the reductions are at Qantas, not Accenture. Reuters: Australia’s Qantas to axe 850 jobs in offshoring deal with Accenture
• Positive Sentiment: A WSIB digital modernization project involving Accenture reduced employer registration from eight to ten business days to under ten minutes. The result offers a concrete example of Accenture’s ability to deliver cloud-based transformation and could help support future client sales. Ontario WSIB project announcement
• Positive Sentiment: U.S. management and technical consulting employment rose by 17,300 in October, its biggest monthly increase since December 2024. The gain may indicate improving demand for consulting services, although it does not guarantee higher spending at Accenture. The Overlooked AI Trade Hiding in a Beaten-Down Corner of the Market
• Neutral Sentiment: Recent comparisons describe Accenture as a large, profitable company with strong cash generation, but note that its revenue has fluctuated while some software peers have shown steadier growth. These comparisons highlight competitive strengths and trade-offs rather than a new change in the company’s outlook. Accenture vs. Adobe comparison
• Neutral Sentiment: The Qantas job cuts may draw scrutiny because the modernization arrangement includes offshoring, though the reporting does not indicate a direct financial or operational cost to Accenture. Qantas to Cut 850 Jobs After Tech Deal With Accenture

Accenture Company Profile

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.