Ninety One North America Inc. Has $1.15 Million Stock Holdings in Accenture PLC $ACN

Ninety One North America Inc. trimmed its position in Accenture PLC (NYSE:ACN) by 95.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,655 shares of the information technology services provider’s stock after selling 107,481 shares during the period. Ninety One North America Inc.’s holdings in Accenture were worth $1,148,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Sanders Capital LLC acquired a new position in shares of Accenture during the second quarter worth approximately $2,637,640,000. Norges Bank acquired a new position in Accenture during the second quarter worth $2,216,850,000. Vanguard Group Inc. lifted its stake in shares of Accenture by 2.1% in the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares in the last quarter. McElhenny Sheffield Capital Management LLC acquired a new position in shares of Accenture during the second quarter valued at about $308,000. Finally, Flossbach Von Storch SE increased its position in shares of Accenture by 48.0% during the second quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock worth $719,966,000 after acquiring an additional 781,211 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on ACN shares. Royal Bank Of Canada set a $300.00 price objective on Accenture in a report on Thursday, December 18th. Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. TD Cowen lifted their price objective on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, December 19th. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 target price on shares of Accenture in a report on Thursday, December 18th. Finally, Rothschild & Co Redburn boosted their price target on shares of Accenture from $250.00 to $255.00 in a report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $296.83.

Insider Transactions at Accenture

In other news, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were 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 approximately $465,018.60. This trade represents a 78.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is owned by company insiders.

Accenture Price Performance

ACN opened at $268.44 on Thursday. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a 50-day moving average of $257.22 and a 200 day moving average of $261.10. 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 firm has a market cap of $165.25 billion, a P/E ratio of 22.19, a PEG ratio of 2.60 and a beta of 1.26.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The firm had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio 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.