Accenture PLC $ACN Shares Acquired by Certuity LLC

Certuity LLC lifted its holdings in Accenture PLC (NYSE:ACNFree Report) by 307.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,124 shares of the information technology services provider’s stock after purchasing an additional 4,622 shares during the quarter. Certuity LLC’s holdings in Accenture were worth $1,510,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ACN. Investors Research Corp raised its position in shares of Accenture by 73.8% in 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 during the last quarter. Harbor Capital Advisors Inc. increased its stake in Accenture by 132.6% during the 3rd 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 acquired a new position in Accenture during the 3rd quarter valued at approximately $28,000. Elevation Wealth Partners LLC raised its holdings in shares of Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after buying an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of Accenture during the third quarter worth $32,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Stock Performance

Shares of ACN stock opened at $195.93 on Friday. Accenture PLC has a 52-week low of $188.73 and a 52-week high of $326.73. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock has a market cap of $120.61 billion, a PE ratio of 16.19, a price-to-earnings-growth ratio of 1.91 and a beta of 1.27. The business has a 50-day simple moving average of $243.23 and a 200-day simple moving average of $249.20.

Accenture (NYSE:ACNGet Free Report) last posted its 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 return on equity of 26.65% and a net margin of 10.76%.The firm had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same period last year, the company 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 expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, January 13th. Accenture’s payout ratio is currently 53.88%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Piper Sandler set a $282.00 target price on Accenture in a research report on Thursday, March 5th. Royal Bank Of Canada set a $300.00 price target on Accenture in a research note on Thursday, December 18th. Wells Fargo & Company raised their price objective on Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. Guggenheim decreased their target price on Accenture from $305.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Wolfe Research increased their price target on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $288.35.

Check Out Our Latest Report on ACN

Accenture News Summary

Here are the key news stories impacting Accenture this week:

Insider Transactions at Accenture

In related news, insider Manish Sharma sold 2,731 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the sale, the insider directly owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. This represents a 27.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of Accenture stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. The trade was a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 22,088 shares of company stock worth $5,970,434. Insiders own 0.02% of the company’s stock.

Accenture Company 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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