Impact Partnership Wealth LLC Buys 2,435 Shares of Accenture PLC $ACN

Impact Partnership Wealth LLC raised its position in shares of Accenture PLC (NYSE:ACN) by 87.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,221 shares of the information technology services provider’s stock after acquiring an additional 2,435 shares during the period. Impact Partnership Wealth LLC’s holdings in Accenture were worth $1,287,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Investors Research Corp lifted its stake in shares of Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Davis Capital Management bought a new stake in Accenture during the 3rd quarter valued at about $28,000. RMG Wealth Management LLC bought a new position in Accenture in the 2nd quarter worth about $33,000. Finally, Elevation Wealth Partners LLC raised 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 valued at $30,000 after purchasing an additional 73 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ACN. Argus decreased their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a report on Monday, December 29th. Truist Financial assumed coverage on shares of Accenture in a research note on Tuesday, January 6th. They set a “buy” rating and a $317.00 price objective on the stock. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. Royal Bank Of Canada set a $300.00 price target on Accenture in a report on Thursday, December 18th. Finally, Berenberg Bank initiated coverage on Accenture in a research report on Thursday, January 22nd. They set a “buy” rating and a $313.00 price objective on the stock. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Accenture currently has an average rating of “Moderate Buy” and a consensus price target of $298.38.

Insiders Place Their Bets

In related news, insider Manish Sharma sold 2,731 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the sale, the insider directly owned 7,057 shares of the company’s stock, valued at $2,033,333.41. This trade represents a 27.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the completion of the transaction, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at $2,298,380.79. The trade was a 30.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 21,934 shares of company stock worth $5,965,166. 0.02% of the stock is currently owned by company insiders.

Accenture Stock Performance

ACN opened at $261.01 on Friday. The company has a market cap of $160.68 billion, a P/E ratio of 21.57, a price-to-earnings-growth ratio of 2.60 and a beta of 1.25. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The firm’s 50-day moving average price is $270.28 and its 200-day moving average price is $258.11.

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

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. 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.