Accenture PLC $ACN Holdings Raised by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its holdings in Accenture PLC (NYSE:ACN) by 214.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,828 shares of the information technology services provider’s stock after purchasing an additional 15,564 shares during the period. Accenture comprises about 0.5% of GSA Capital Partners LLP’s portfolio, making the stock its largest holding. GSA Capital Partners LLP’s holdings in Accenture were worth $5,629,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ACN. Investors Research Corp boosted its stake in Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after buying an additional 45 shares during the period. Harbor Capital Advisors Inc. boosted 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 valued at $26,000 after purchasing an additional 61 shares in the last quarter. Davis Capital Management purchased a new position in shares of Accenture during the third quarter worth about $28,000. Elevation Wealth Partners LLC raised its position in Accenture by 146.0% in 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 during the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new position in shares of Accenture in the 3rd quarter valued at approximately $32,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

Shares of ACN opened at $224.03 on Tuesday. The firm has a market capitalization of $137.92 billion, a price-to-earnings ratio of 18.51, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24. The stock’s fifty day moving average is $265.90 and its 200-day moving average is $254.34. Accenture PLC has a one year low of $215.16 and a one year high of $392.02. 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 (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.21. The company had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were issued a dividend of $1.63 per share. The ex-dividend date of this dividend was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.9%. Accenture’s dividend payout ratio is currently 53.88%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ACN shares. Jefferies Financial Group raised their price objective on Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, January 8th. Wells Fargo & Company raised their target price on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Argus lowered their price target on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research report on Monday, December 29th. Guggenheim raised their target price on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Finally, Citigroup raised Accenture to a “hold” rating in a research report on Thursday, October 23rd. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Accenture currently has an average rating of “Moderate Buy” and an average price target of $298.38.

Insiders Place Their Bets

In other news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Melissa A. Burgum sold 3,588 shares of the company’s stock in a transaction 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 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. The disclosure for this sale is available in the SEC filing. Insiders sold 22,088 shares of company stock worth $5,970,434 in the last three months. 0.02% of the stock is owned by insiders.

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.