One Wealth Capital Management LLC Sells 63 Shares of Accenture PLC $ACN

by · The Markets Daily

One Wealth Capital Management LLC reduced its stake in Accenture PLC (NYSE:ACN – Free Report) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,129 shares of the information technology services provider’s stock after selling 63 shares during the period. One Wealth Capital Management LLC’s holdings in Accenture were worth $664,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Visionary Wealth Advisors grew its stake in Accenture by 3.5% in the 4th quarter. Visionary Wealth Advisors now owns 778 shares of the information technology services provider’s stock worth $274,000 after acquiring an additional 26 shares in the last quarter. Vivaldi Capital Management LP grew its stake in Accenture by 3.6% in the 4th quarter. Vivaldi Capital Management LP now owns 782 shares of the information technology services provider’s stock worth $292,000 after acquiring an additional 27 shares in the last quarter. Sentinus LLC grew its stake in Accenture by 4.2% in the 4th quarter. Sentinus LLC now owns 763 shares of the information technology services provider’s stock worth $268,000 after acquiring an additional 31 shares in the last quarter. Stonebrook Private Inc. grew its stake in Accenture by 3.1% in the 4th quarter. Stonebrook Private Inc. now owns 1,103 shares of the information technology services provider’s stock worth $388,000 after acquiring an additional 33 shares in the last quarter. Finally, Viawealth LLC grew its stake in Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock worth $408,000 after acquiring an additional 33 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ACN has been the subject of several research reports. BMO Capital Markets lowered their price target on shares of Accenture from $355.00 to $325.00 and set a “market perform” rating for the company in a research report on Monday, June 23rd. UBS Group reaffirmed a “buy” rating and issued a $395.00 price target (up previously from $390.00) on shares of Accenture in a research report on Thursday, May 22nd. Morgan Stanley lowered their price target on shares of Accenture from $340.00 to $325.00 and set an “equal weight” rating for the company in a research report on Tuesday, June 24th. Barclays lowered their price target on shares of Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a research report on Monday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Accenture in a research report on Thursday, July 17th. They issued a “hold” rating and a $290.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $358.08.

View Our Latest Research Report on Accenture

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the transaction, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. This trade represents a 21.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Angela Beatty sold 203 shares of the firm’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the transaction, the insider directly owned 5,249 shares of the company’s stock, valued at approximately $1,482,002.66. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,954 shares of company stock valued at $834,280. Insiders own 0.02% of the company’s stock.

Accenture Trading Up 1.5%

NYSE:ACN opened at $260.12 on Monday. Accenture PLC has a 52 week low of $236.67 and a 52 week high of $398.35. The firm has a 50 day moving average of $272.89 and a 200 day moving average of $301.38. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $162.92 billion, a price-to-earnings ratio of 20.71, a PEG ratio of 2.37 and a beta of 1.30.

Accenture (NYSE:ACN – Get Free Report) last posted its earnings results on Friday, June 20th. The information technology services provider reported $3.49 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.17. The company had revenue of $17.73 billion during the quarter, compared to analysts’ expectations of $17.26 billion. Accenture had a net margin of 11.61% and a return on equity of 26.55%. Accenture’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 earnings per share. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. As a group, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Thursday, July 10th were issued a $1.48 dividend. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 2.3%. Accenture’s dividend payout ratio (DPR) is currently 47.13%.

Accenture Company 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.

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