Clarius Group LLC Lowers Stock Position in Accenture PLC $ACN

Clarius Group LLC cut its holdings in Accenture PLC (NYSE:ACN) by 57.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,947 shares of the information technology services provider’s stock after selling 2,652 shares during the quarter. Clarius Group LLC’s holdings in Accenture were worth $480,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Investors Research Corp increased its stake in shares of Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares in the last quarter. RMG Wealth Management LLC bought a new stake in shares of Accenture in the 2nd quarter worth approximately $33,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Accenture in the 3rd quarter worth approximately $32,000. WPG Advisers LLC bought a new position in Accenture during the 1st quarter valued at approximately $42,000. Finally, Howard Hughes Medical Institute purchased a new position in Accenture during the second quarter valued at $40,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Accenture

In related news, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the completion of the sale, the chief executive officer owned 1,390 shares in the company, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the sale, the chief executive officer directly 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 SEC filing for this sale provides additional information. Insiders have sold 33,319 shares of company stock worth $8,335,225 in the last 90 days. 0.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ACN has been the subject of several analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Guggenheim increased their price objective on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Royal Bank Of Canada set a $300.00 target price on shares of Accenture in a research note on Thursday. Finally, Evercore ISI reissued an “outperform” rating and set a $300.00 price target on shares of Accenture in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus price target of $298.29.

Accenture Stock Performance

Shares of ACN stock opened at $270.65 on Tuesday. The firm has a market capitalization of $178.22 billion, a PE ratio of 22.37, a P/E/G ratio of 2.64 and a beta of 1.26. The company has a 50 day moving average price of $253.36 and a 200-day moving average price of $263.02. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16.

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

Accenture Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be issued a $1.63 dividend. The ex-dividend date of this dividend 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 presently 53.88%.

About Accenture

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.