Accenture PLC $ACN Stake Boosted by Penserra Capital Management LLC

Penserra Capital Management LLC raised its holdings in shares of Accenture PLC (NYSE:ACN) by 38.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 94,420 shares of the information technology services provider’s stock after purchasing an additional 26,316 shares during the period. Penserra Capital Management LLC’s holdings in Accenture were worth $23,283,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sanders Capital LLC bought a new position in Accenture in the second quarter worth about $2,637,640,000. Norges Bank acquired a new stake in shares of Accenture during the 2nd quarter worth approximately $2,216,850,000. Vanguard Group Inc. lifted its holdings in shares of Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after purchasing an additional 1,315,548 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Accenture by 12.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after purchasing an additional 1,148,970 shares during the period. Finally, McElhenny Sheffield Capital Management LLC bought a new position in Accenture during the 2nd quarter worth $308,000. 75.14% of the stock is currently owned by institutional investors.

Accenture Trading Down 9.7%

Shares of Accenture stock opened at $241.01 on Wednesday. The business has a fifty day simple moving average of $270.80 and a 200-day simple moving average of $257.31. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a market cap of $148.37 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 2.57 and a beta of 1.24. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS 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 analysts’ expectations of $18.51 billion. During the same period in the previous year, the business earned $3.59 earnings per share. Accenture’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal 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 given a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s payout ratio is 53.88%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Citigroup raised shares of Accenture to a “hold” rating in a report on Thursday, October 23rd. Argus decreased their target price on shares of Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research report on Monday, December 29th. Jefferies Financial Group lifted their price target on Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, January 8th. Rothschild & Co Redburn increased their price objective on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Finally, HSBC lifted their target price on Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average price target of $298.38.

Insider Buying and Selling

In other news, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Manish Sharma sold 2,731 shares of Accenture stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the transaction, the insider owned 7,057 shares in the company, valued at $2,033,333.41. The trade was a 27.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,017 shares of company stock valued at $4,505,916 in the last three months. 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.