Natixis Advisors LLC Has $114.83 Million Holdings in Accenture PLC $ACN

Natixis Advisors LLC trimmed its stake in shares of Accenture PLC (NYSE:ACNFree Report) by 31.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 465,656 shares of the information technology services provider’s stock after selling 216,579 shares during the period. Natixis Advisors LLC owned about 0.07% of Accenture worth $114,831,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ACN. Sanders Capital LLC bought a new position in Accenture during the 2nd quarter worth about $2,637,640,000. Norges Bank acquired a new position in shares of Accenture during the second quarter worth about $2,216,850,000. Vanguard Group Inc. grew its holdings in shares of Accenture by 2.1% during the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after buying an additional 1,315,548 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Accenture by 12.8% in 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 buying an additional 1,148,970 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Accenture by 85.9% in the 3rd quarter. First Trust Advisors LP now owns 2,041,945 shares of the information technology services provider’s stock valued at $503,544,000 after acquiring an additional 943,371 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Trading Up 1.5%

Accenture stock opened at $217.12 on Monday. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $342.89. The stock has a market capitalization of $133.66 billion, a P/E ratio of 17.94, a PEG ratio of 2.07 and a beta of 1.27. The stock has a 50-day simple moving average of $248.64 and a 200 day simple moving average of $250.63. 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:ACNGet Free Report) last posted its 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 return on equity of 26.65% and a net margin of 10.76%.The business had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same period in the previous year, the firm earned $3.59 EPS. The firm’s revenue was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors 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 annualized dividend and a dividend yield of 3.0%. Accenture’s payout ratio is presently 53.88%.

Key Accenture News

Here are the key news stories impacting Accenture this week:

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 6,057 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the transaction, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at $3,679,963.65. This represents a 28.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the sale, the general counsel owned 28,207 shares of the company’s stock, valued at $7,756,925. This trade represents a 4.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,088 shares of company stock worth $5,970,434 in the last 90 days. Corporate insiders own 0.02% of the company’s stock.

Analyst Upgrades and Downgrades

ACN has been the subject of several research reports. TD Cowen reaffirmed a “buy” rating on shares of Accenture in a research note on Thursday. Citigroup reduced their target price on shares of Accenture from $266.00 to $215.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. 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 note on Thursday, December 11th. Piper Sandler set a $282.00 price target on shares of Accenture in a research report on Thursday. Finally, Susquehanna increased their price objective on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $291.69.

Check Out Our Latest Research Report on Accenture

Accenture Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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