Fort Washington Investment Advisors Inc. OH Buys 10,690 Shares of Accenture PLC $ACN

Fort Washington Investment Advisors Inc. OH increased its stake in Accenture PLC (NYSE:ACN) by 8.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,339 shares of the information technology services provider’s stock after purchasing an additional 10,690 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Accenture were worth $35,347,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after acquiring an additional 4,905 shares during the period. Panagora Asset Management Inc. lifted its stake in shares of Accenture by 44.7% in the 1st quarter. Panagora Asset Management Inc. now owns 25,659 shares of the information technology services provider’s stock worth $8,007,000 after purchasing an additional 7,922 shares during the period. Twin Tree Management LP boosted its holdings in shares of Accenture by 103.8% in the first quarter. Twin Tree Management LP now owns 3,914 shares of the information technology services provider’s stock worth $1,221,000 after buying an additional 106,014 shares during the last quarter. Retirement Planning Co of New England Inc. bought a new stake in Accenture during the first quarter valued at approximately $518,000. Finally, Focus Partners Advisor Solutions LLC grew its position in Accenture by 37.1% during the first quarter. Focus Partners Advisor Solutions LLC now owns 9,470 shares of the information technology services provider’s stock valued at $2,955,000 after buying an additional 2,564 shares during the period. 75.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Rothschild & Co Redburn lifted their target price on Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. Cowen restated a “buy” rating on shares of Accenture in a research report on Friday, September 26th. Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Finally, Stifel Nicolaus decreased their target price on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research note on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and a consensus price target of $296.83.

Accenture Stock Up 0.1%

NYSE:ACN opened at $271.35 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a 50-day moving average of $256.45 and a 200 day moving average of $261.34. The firm has a market cap of $167.04 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 2.61 and a beta of 1.26.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same quarter in the previous year, the business posted $3.59 EPS. The company’s quarterly 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. As a group, research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued 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 2.4%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Insider Transactions at Accenture

In related news, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares in the company, valued at $465,018.60. This represents a 78.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the transaction, the chief executive officer owned 23,516 shares in the company, valued at $5,868,888.12. This trade represents a 27.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 33,319 shares of company stock valued at $8,335,225. Corporate insiders own 0.02% of the company’s stock.

Accenture 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.