First National Trust Co Sells 462 Shares of Accenture PLC $ACN

by · The Cerbat Gem

First National Trust Co reduced its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 3.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,631 shares of the information technology services provider’s stock after selling 462 shares during the quarter. First National Trust Co’s holdings in Accenture were worth $3,775,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ACN. Brighton Jones LLC increased its stake 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 last quarter. Sovran Advisors LLC increased its stake in Accenture by 50.9% during the first quarter. Sovran Advisors LLC now owns 4,362 shares of the information technology services provider’s stock worth $1,361,000 after acquiring an additional 1,472 shares during the last quarter. Citizens National Bank Trust Department increased its stake in Accenture by 144.6% during the first quarter. Citizens National Bank Trust Department now owns 225 shares of the information technology services provider’s stock worth $70,000 after acquiring an additional 133 shares during the last quarter. Amalgamated Bank increased its stake in Accenture by 1.0% during the first quarter. Amalgamated Bank now owns 124,212 shares of the information technology services provider’s stock worth $38,759,000 after acquiring an additional 1,253 shares during the last quarter. Finally, Albion Financial Group UT increased its stake in Accenture by 1.0% during the first quarter. Albion Financial Group UT now owns 49,068 shares of the information technology services provider’s stock worth $15,311,000 after acquiring an additional 492 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Stock Up 1.4%

Shares of NYSE:ACN opened at $251.03 on Tuesday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock has a market cap of $165.29 billion, a P/E ratio of 20.66, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The business’s 50 day moving average is $247.31 and its 200 day moving average is $277.05. 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 (NYSE:ACN – Get Free Report) 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, 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 analysts’ expectations of $17.34 billion. During the same quarter in the prior year, the firm earned $2.66 earnings per share. Accenture’s revenue 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. Sell-side analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 53.66%.

Analyst Ratings Changes

A number of research analysts have recently commented on ACN shares. Wolfe Research upped their target price on Accenture from $285.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Accenture in a research note on Tuesday, September 30th. BMO Capital Markets cut their target price on Accenture from $325.00 to $270.00 and set a “market perform” rating on the stock in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft cut their target price on Accenture from $260.00 to $235.00 and set a “hold” rating on the stock in a research note on Friday, September 26th. Finally, Hsbc Global Res raised Accenture to a “moderate sell” rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $297.48.

Get Our Latest Research Report on Accenture

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the completion of the sale, the chief executive officer owned 23,516 shares in the company, valued at $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,402 shares of company stock worth $4,595,374 over the last 90 days. Company insiders own 0.02% of the company’s stock.

Accenture Profile

(Free Report)

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.

Further Reading

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