UMB Bank n.a. Sells 35,995 Shares of Accenture PLC $ACN

UMB Bank n.a. lessened its holdings in shares of Accenture PLC (NYSE:ACN) by 50.2% in the third quarter, Holdings Channel.com reports. The fund owned 35,745 shares of the information technology services provider’s stock after selling 35,995 shares during the period. UMB Bank n.a.’s holdings in Accenture were worth $8,815,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Investors Research Corp boosted 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 valued at $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in 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 buying an additional 61 shares during the period. Davis Capital Management bought a new stake in Accenture during the 3rd quarter valued at approximately $28,000. RMG Wealth Management LLC purchased a new position in shares of Accenture during the 2nd quarter worth approximately $33,000. Finally, Elevation Wealth Partners LLC raised its position in shares of Accenture by 146.0% in 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 in the last quarter. Institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. BMO Capital Markets restated a “market perform” rating and set a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. Wolfe Research lifted their price target on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Argus cut their price objective on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Finally, Evercore ISI reiterated an “outperform” rating and set a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $298.38.

Accenture Stock Performance

ACN stock opened at $263.58 on Friday. The stock’s 50 day simple moving average is $270.51 and its 200 day simple moving average is $257.87. 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 PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The stock has a market capitalization of $162.26 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 2.52 and a beta of 1.25.

Accenture (NYSE:ACN) last posted its quarterly 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. The firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

Insider Transactions at Accenture

In other news, COO Catherine Kiernan Hogan sold 660 shares of Accenture stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $280.93, for a total value of $185,413.80. Following the completion of the sale, the chief operating officer directly owned 12,688 shares in the company, valued at $3,564,439.84. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John F. Walsh sold 3,986 shares of the stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the transaction, the chief executive officer owned 27,221 shares in the company, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 21,934 shares of company stock valued at $5,965,166. Company insiders own 0.02% of the company’s stock.

Accenture 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.