TrueMark Investments LLC Buys Shares of 24,847 Accenture PLC $ACN

TrueMark Investments LLC purchased a new position in shares of Accenture PLC (NYSE:ACN) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,847 shares of the information technology services provider’s stock, valued at approximately $6,127,000.

Other institutional investors have also made changes to their positions in the company. Investors Research Corp grew its holdings in Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after buying an additional 61 shares during the period. Davis Capital Management acquired a new position in Accenture in the 3rd quarter valued at $28,000. Elevation Wealth Partners LLC lifted its position in Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new position in Accenture during the 3rd quarter worth $32,000. 75.14% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Julie Spellman Sweet sold 1,694 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $288.30, for a total value of $488,380.20. Following the completion of the transaction, the chief executive officer directly owned 37,346 shares of the company’s stock, valued at approximately $10,766,851.80. This represents a 4.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel owned 28,207 shares of the company’s stock, valued at $7,756,925. This trade represents a 4.51% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 21,674 shares of company stock valued at $5,661,414. 0.02% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Jefferies Financial Group lifted their price objective on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, January 8th. JPMorgan Chase & Co. dropped their price target on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, September 26th. Deutsche Bank Aktiengesellschaft increased their price objective on Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 price target on shares of Accenture in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average price target of $297.81.

Accenture Stock Performance

Shares of NYSE ACN opened at $281.00 on Friday. The firm has a market capitalization of $172.99 billion, a price-to-earnings ratio of 23.22, a PEG ratio of 2.75 and a beta of 1.25. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The business has a fifty day simple moving average of $267.78 and a 200 day simple moving average of $258.67. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.3%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Accenture Company Profile

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.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.