Accenture PLC $ACN Shares Acquired by M. Kulyk & Associates LLC

M. Kulyk & Associates LLC boosted its holdings in Accenture PLC (NYSE:ACN) by 32.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,114 shares of the information technology services provider’s stock after acquiring an additional 6,336 shares during the period. Accenture accounts for about 1.3% of M. Kulyk & Associates LLC’s investment portfolio, making the stock its 29th largest position. M. Kulyk & Associates LLC’s holdings in Accenture were worth $6,440,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sanders Capital LLC acquired a new stake in shares of Accenture in the second quarter valued at approximately $2,637,640,000. Norges Bank purchased a new stake in Accenture in the 2nd quarter valued at approximately $2,216,850,000. Vanguard Group Inc. grew its holdings in Accenture by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Accenture by 12.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after buying an additional 1,148,970 shares in the last quarter. Finally, Flossbach Von Storch SE raised its holdings in shares of Accenture by 48.0% in the second quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock worth $719,966,000 after acquiring an additional 781,211 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

Accenture stock opened at $200.72 on Tuesday. Accenture PLC has a 1 year low of $199.10 and a 1 year high of $366.93. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a 50 day moving average price of $260.19 and a 200 day moving average price of $253.10. The company has a market cap of $123.56 billion, a price-to-earnings ratio of 16.59, a PEG ratio of 2.07 and a beta of 1.24.

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 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 company had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. During the same quarter last year, the firm posted $3.59 earnings per share. Accenture’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, January 13th. Accenture’s payout ratio is 53.88%.

Insider Activity at Accenture

In related news, CAO Melissa A. Burgum sold 3,588 shares of the firm’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 transaction, the chief accounting officer owned 8,179 shares in the company, valued at approximately $2,298,380.79. This trade represents a 30.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John F. Walsh sold 3,986 shares of Accenture 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 directly owned 27,221 shares in the company, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,088 shares of company stock valued at $5,970,434 over the last three months. Insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

ACN has been the topic of a number of analyst reports. Jefferies Financial Group increased 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. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Evercore reiterated an “outperform” rating and set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Accenture from $265.00 to $280.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

About Accenture

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.