Parr Mcknight Wealth Management Group LLC Sells 5,452 Shares of Accenture PLC $ACN

31 May 2026, 09:16 by Scott Moore · The Cerbat Gem

Parr Mcknight Wealth Management Group LLC trimmed its holdings in Accenture PLC (NYSE:ACN – Free Report) by 31.1% in the fourth quarter, HoldingsChannel reports. The fund owned 12,083 shares of the information technology services provider’s stock after selling 5,452 shares during the period. Parr Mcknight Wealth Management Group LLC’s holdings in Accenture were worth $3,242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ACN. Triumph Capital Management bought a new stake in Accenture during the 3rd quarter valued at $26,000. Board of the Pension Protection Fund bought a new stake in Accenture during the 4th quarter valued at $27,000. Laurel Wealth Advisors LLC bought a new stake in Accenture during the 4th quarter valued at $27,000. Private Wealth Management Group LLC raised its holdings in Accenture by 96.4% during the 4th quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 53 shares during the last quarter. Finally, Steph & Co. raised its holdings in Accenture by 107.5% during the 4th quarter. Steph & Co. now owns 110 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 57 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors.

Accenture Stock Up 5.0%

Shares of NYSE ACN opened at $187.32 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12 month low of $155.82 and a 12 month high of $321.77. The firm has a market capitalization of $124.65 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 1.78 and a beta of 1.08. The firm has a fifty day simple moving average of $185.71 and a two-hundred day simple moving average of $226.50.

Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Friday, March 20th. The information technology services provider reported $2.93 EPS for the quarter, topping the consensus estimate of $2.84 by $0.09. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The business had revenue of $18.04 billion during the quarter, compared to analyst estimates of $17.80 billion. During the same period in the prior year, the business earned $2.82 EPS. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Equities analysts expect that Accenture PLC will post 13.87 earnings per share for the current year.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 9th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Thursday, April 9th. Accenture’s dividend payout ratio (DPR) is presently 53.40%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of Accenture from $243.00 to $247.00 and gave the company an “overweight” rating in a report on Friday, March 20th. Robert W. Baird lowered their price target on shares of Accenture from $330.00 to $265.00 and set an “outperform” rating for the company in a report on Friday, March 20th. BMO Capital Markets lowered their price target on shares of Accenture from $300.00 to $230.00 and set a “market perform” rating for the company in a report on Friday, March 20th. TD Cowen lowered their price target on shares of Accenture from $282.00 to $275.00 and set a “buy” rating for the company in a report on Monday, March 16th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Accenture from $280.00 to $230.00 and set a “hold” rating for the company in a report on Friday, March 6th. Seventeen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $274.50.

Get Our Latest Stock Report on Accenture

Insider Activity

In related news, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at $2,267,746.28. This trade represents a 27.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by insiders.

About Accenture

(Free Report)

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.