RMR Wealth Builders Sells 4,774 Shares of Accenture PLC $ACN

RMR Wealth Builders reduced its holdings in shares of Accenture PLC (NYSE:ACN) by 76.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,507 shares of the information technology services provider’s stock after selling 4,774 shares during the period. RMR Wealth Builders’ holdings in Accenture were worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Running Oak Capital LLC increased its holdings in shares of Accenture by 14.3% in the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock worth $14,190,000 after acquiring an additional 7,190 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Accenture during the 2nd quarter worth approximately $2,658,000. C WorldWide Group Holding A S lifted its stake in Accenture by 35.9% in the second quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock valued at $2,435,000 after buying an additional 2,151 shares in the last quarter. Norges Bank acquired a new position in shares of Accenture in the second quarter valued at approximately $2,216,850,000. Finally, D.A. Davidson & CO. increased its position in shares of Accenture by 17.4% during the third quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after acquiring an additional 38,325 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Down 3.3%

Accenture stock opened at $233.66 on Friday. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $397.88. The firm has a market capitalization of $143.84 billion, a PE ratio of 19.31, a P/E/G ratio of 2.33 and a beta of 1.24. The company’s 50-day moving average is $270.39 and its 200-day moving average is $257.04. 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 (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. During the same quarter in the previous year, the business earned $3.59 earnings per share. The business’s 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. Sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ACN shares. BMO Capital Markets reiterated a “market perform” rating and set a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. UBS Group downgraded Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Guggenheim boosted their target price on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Wolfe Research lifted their price objective on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. Finally, Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

Insider Buying and Selling at Accenture

In other Accenture news, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the transaction, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at $2,298,380.79. This represents a 30.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Joel Unruch sold 1,026 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $281.70, for a total value of $289,024.20. Following the sale, the general counsel owned 27,181 shares of the company’s stock, valued at approximately $7,656,887.70. This represents a 3.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,031 shares of company stock worth $4,509,304 in the last ninety days. 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.