Accenture PLC $ACN Shares Sold by Wells Trecaso Financial Group LLC

Wells Trecaso Financial Group LLC lessened its stake in Accenture PLC (NYSE:ACN) by 41.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,893 shares of the information technology services provider’s stock after selling 5,638 shares during the quarter. Accenture makes up approximately 0.9% of Wells Trecaso Financial Group LLC’s holdings, making the stock its 27th biggest holding. Wells Trecaso Financial Group LLC’s holdings in Accenture were worth $1,946,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Investors Research Corp increased its holdings 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 worth $26,000 after acquiring an additional 45 shares during the period. Harbor Capital Advisors Inc. boosted its stake in Accenture by 132.6% during the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares in the last quarter. Davis Capital Management bought a new stake in shares of Accenture in the 3rd quarter worth approximately $28,000. Elevation Wealth Partners LLC boosted its stake in shares of Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new position in Accenture in the 3rd quarter worth about $32,000. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ACN has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on Accenture from $265.00 to $280.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Susquehanna lifted their price objective on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Guggenheim raised their price target on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Finally, Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $298.38.

Accenture Price Performance

Accenture stock opened at $236.30 on Friday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $392.02. The firm has a market cap of $145.47 billion, a P/E ratio of 19.48, a P/E/G ratio of 2.33 and a beta of 1.24. 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 business’s fifty day moving average is $270.39 and its two-hundred day moving average is $257.04.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion during 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%. Accenture’s revenue was up 5.7% on a year-over-year basis. 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 research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors 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 dividend on an annualized basis and a dividend yield of 2.8%. Accenture’s dividend payout ratio is currently 53.88%.

Insider Buying and Selling

In related news, COO Catherine Kiernan Hogan sold 660 shares of Accenture stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $280.93, for a total value of $185,413.80. Following the sale, the chief operating officer owned 12,688 shares of the company’s stock, valued at approximately $3,564,439.84. This trade represents a 4.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of Accenture stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the sale, the chief executive officer directly owned 27,221 shares in the company, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 16,031 shares of company stock valued at $4,509,304. 0.02% of the stock is owned by company 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.