Oregon Public Employees Retirement Fund Has $17.56 Million Holdings in Accenture PLC $ACN

Oregon Public Employees Retirement Fund boosted its stake in Accenture PLC (NYSE:ACN) by 31.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 71,208 shares of the information technology services provider’s stock after purchasing an additional 17,208 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Accenture were worth $17,560,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. 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 acquiring an additional 45 shares during the period. Harbor Capital Advisors Inc. increased its stake in Accenture by 132.6% in the third 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 stake in Accenture in the third quarter worth $28,000. Elevation Wealth Partners LLC boosted its position in shares of Accenture by 146.0% during the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of Accenture in the 3rd quarter valued at $32,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ACN shares. BNP Paribas Exane dropped their price objective on Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Cowen reiterated a “buy” rating on shares of Accenture in a research report on Friday, September 26th. Argus dropped their target price on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $295.84.

Insider Activity at Accenture

In related news, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the completion of the transaction, the general counsel directly owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $280.00, for a total value of $140,000.00. Following the transaction, the chief executive officer directly owned 7,623 shares in the company, valued at $2,134,440. This trade represents a 6.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 35,151 shares of company stock worth $8,841,525. Corporate insiders own 0.02% of the company’s stock.

Accenture Trading Up 2.8%

NYSE ACN opened at $281.52 on Friday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. 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 stock’s 50 day moving average price is $259.69 and its two-hundred day moving average price is $259.97. The stock has a market capitalization of $173.30 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 2.64 and a beta of 1.25.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The company had revenue of $18.74 billion for 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 firm’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

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 given a dividend of $1.63 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.3%. Accenture’s payout ratio is 53.88%.

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.