Accenture plc

(New York Stock Exchange)
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Slightly Bullish +15

Howe & Rusling Inc. Has $10.25 Million Holdings in Accenture PLC $ACN

AI-generated analysis

πŸ“ˆ Accenture reported Q2 earnings of $3.80 EPS, beating the consensus estimate of $3.70 by $0.10.

πŸ’° Revenue reached $18.72 billion, slightly missing analyst expectations of $18.78 billion but growing 5.6% year-over-year.

πŸ“Š The company achieved a net margin of 10.66% and a return on equity of 26.47%.

πŸš€ Management authorized a new $2.0 billion share repurchase program, representing up to 2.4% of outstanding shares.

πŸ’΅ A quarterly dividend of $1.63 per share was declared, offering a 4.7% annualized yield.

πŸ“ˆ Institutional ownership increased significantly, with Howe & Rusling Inc. raising its stake by 25.6% to $10.25 million.

🏦 Private Wealth Partners LLC increased its position by 68.4%, now holding 6,038 shares valued at $1.2 million.

πŸ“‰ CEO Atsushi Egawa sold 4,872 shares for approximately $863,000 under a pre-arranged Rule 10b5-1 trading plan.

🎯 The consensus analyst price target is $195.00, with an average rating of 'Hold' from twelve Buy and fifteen Hold ratings.

πŸ“‰ Several major banks including Jefferies, DBS, Deutsche Bank, and Truist recently lowered their price targets to the $140-$185 range.

Bullish Signals
  • Accenture beat earnings expectations with $3.80 EPS versus a consensus of $3.70.
  • The company achieved a robust net margin of 10.66% and a return on equity of 26.47%.
  • Revenue grew 5.6% year-over-year to reach $18.72 billion.
  • Management authorized a new $2.0 billion share repurchase program, indicating confidence in the stock's undervaluation.
  • A quarterly dividend of $1.63 per share was declared with a 4.7% annualized yield.
  • Howe & Rusling Inc. increased its stake by 25.6%, adding 10,528 shares to its portfolio.
  • Private Wealth Partners LLC significantly increased its position by 68.4% in the first quarter.
  • Hudson Edge Investment Partners Inc. grew its holdings by 26.0% to own 38,787 shares.
Risk Factors
  • Revenue of $18.72 billion missed analyst expectations of $18.78 billion.
  • Multiple major banks including Jefferies, DBS, Deutsche Bank, and Truist recently downgraded price targets or maintained 'Hold' ratings despite the earnings beat.
  • CEO Atsushi Egawa sold 4,872 shares for approximately $863,000, reducing his personal stake by 27.57%.
Full Analysis
Accenture PLC (NYSE:ACN) reported strong quarterly financial results, beating analyst expectations with $3.80 in earnings per share against a consensus of $3.70 and revenue of $18.72 billion versus an expected $18.78 billion. The company achieved a net margin of 10.66% and a return on equity of 26.47%, with revenue growing 5.6% year-over-year. Management has set full-year 2026 guidance between $13.78 and $13.90 per share, while analysts project an average EPS of $13.85 for the current year. Institutional investors have increased their stakes in Accenture during the first quarter, with Howe & Rusling Inc. raising its holdings by 25.6% to own 51,701 shares valued at $10.25 million. Other notable increases include Private Wealth Partners LLC (+68.4%), Hudson Edge Investment Partners Inc. (+26.0%), and Value Investment Professionals LLC (+47.0%). Hedge funds and institutional investors collectively hold 75.14% of the company's outstanding stock. The company announced a new $2.0 billion share repurchase authorization, allowing it to buy back up to 2.4% of its shares through open market purchases, signaling management confidence in the stock's valuation. Additionally, Accenture declared a quarterly dividend of $1.63 per share, payable on August 14th to shareholders of record as of July 9th, representing an annualized yield of 4.7% with a payout ratio of 52.08%.