IQ EQ FUND MANAGEMENT IRELAND Ltd Raises Stake in Accenture PLC $ACN

IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its stake in shares of Accenture PLC (NYSE:ACN) by 25.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,713 shares of the information technology services provider’s stock after acquiring an additional 8,101 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Accenture were worth $9,793,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACN. Investors Research Corp increased its stake in Accenture by 73.8% during the third 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 last quarter. Harbor Capital Advisors Inc. increased its position in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Davis Capital Management purchased a new stake in Accenture in the 3rd quarter valued at about $28,000. Elevation Wealth Partners LLC lifted its position in Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new position in Accenture during the third quarter worth about $32,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Accenture

In related news, insider Manish Sharma sold 2,731 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the sale, the insider owned 7,057 shares in the company, valued at $2,033,333.41. This trade represents a 27.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Julie Spellman Sweet sold 1,694 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $288.30, for a total value of $488,380.20. Following the transaction, the chief executive officer owned 37,346 shares in the company, valued at $10,766,851.80. The trade was a 4.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 16,031 shares of company stock worth $4,509,304. Corporate insiders own 0.02% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on ACN shares. Berenberg Bank assumed coverage on shares of Accenture in a report on Thursday, January 22nd. They issued a “buy” rating and a $313.00 price objective on the stock. HSBC lifted their price objective on Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Finally, Evercore ISI restated an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $298.38.

Accenture Stock Down 3.3%

ACN stock opened at $233.66 on Friday. The company’s 50 day moving average price is $270.39 and its 200 day moving average price is $257.04. The firm has a market capitalization of $143.84 billion, a price-to-earnings ratio of 19.31, a PEG ratio of 2.33 and a beta of 1.24. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $397.88. 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:ACN) last posted its quarterly 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 net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter in the previous year, the business posted $3.59 EPS. The firm’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. On average, equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.8%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

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.