Accenture PLC $ACN Shares Sold by Keybank National Association OH

Keybank National Association OH trimmed its position in Accenture PLC (NYSE:ACN) by 4.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 278,941 shares of the information technology services provider’s stock after selling 11,647 shares during the period. Keybank National Association OH’s holdings in Accenture were worth $68,787,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ACN. Firethorn Wealth Partners LLC lifted its stake in Accenture by 4.4% in the 2nd quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock worth $255,000 after purchasing an additional 36 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in Accenture by 0.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock worth $1,465,000 after buying an additional 38 shares in the last quarter. Capital Advisors Ltd. LLC boosted its stake in Accenture by 3.5% during the second quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock worth $363,000 after buying an additional 41 shares during the last quarter. Omnia Family Wealth LLC grew its holdings in Accenture by 5.2% in the 2nd quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock valued at $253,000 after buying an additional 42 shares in the last quarter. Finally, SkyView Investment Advisors LLC increased its stake in shares of Accenture by 1.2% in the 2nd quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock worth $1,108,000 after acquiring an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on ACN shares. UBS Group lowered shares of Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. HSBC increased their price target on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Evercore ISI reissued an “outperform” rating and set a $300.00 target price on shares of Accenture in a research note on Thursday, December 18th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $298.38.

Insider Activity at Accenture

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $280.93, for a total value of $185,413.80. Following the sale, the chief operating officer owned 12,688 shares of the company’s stock, valued at $3,564,439.84. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Joel Unruch sold 1,026 shares of Accenture stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $281.70, for a total transaction of $289,024.20. Following the sale, the general counsel owned 27,181 shares in the company, valued at $7,656,887.70. This represents a 3.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 21,934 shares of company stock worth $5,965,166 over the last quarter. 0.02% of the stock is currently owned by insiders.

Accenture Stock Up 0.9%

Shares of ACN opened at $263.58 on Friday. The company’s 50-day simple moving average is $270.51 and its 200-day simple moving average is $258.00. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The stock has a market capitalization of $162.26 billion, a PE ratio of 21.78, a P/E/G ratio of 2.52 and a beta of 1.25.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $18.51 billion. During the same period in the prior year, the firm earned $3.59 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be paid 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 payout ratio is presently 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.