Global X Japan Co. Ltd. Has $1.04 Million Position in Accenture PLC $ACN

Global X Japan Co. Ltd. lifted its position in Accenture PLC (NYSE:ACN) by 1,803.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,226 shares of the information technology services provider’s stock after acquiring an additional 4,004 shares during the period. Global X Japan Co. Ltd.’s holdings in Accenture were worth $1,042,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ACN. Global Retirement Partners LLC bought a new position in Accenture during the second quarter worth about $2,658,000. C WorldWide Group Holding A S raised its position in shares of Accenture by 35.9% during the second quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock worth $2,435,000 after purchasing an additional 2,151 shares during the period. Truist Financial Corp lifted its holdings in shares of Accenture by 7.0% during the 2nd quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after purchasing an additional 28,685 shares in the last quarter. Norges Bank acquired a new position in shares of Accenture in the 2nd quarter valued at approximately $2,216,850,000. Finally, Redwood Investments LLC increased its stake in Accenture by 6.2% during the 1st quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock worth $6,892,000 after purchasing an additional 1,287 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Insider Transactions at Accenture

In other Accenture news, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider owned 1,860 shares of the company’s stock, valued at $465,018.60. The trade was a 78.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 5,917 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the transaction, the chief executive officer directly owned 8,599 shares in the company, valued at $2,120,685.38. This represents a 40.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is currently owned by corporate insiders.

Accenture Stock Performance

NYSE ACN opened at $270.88 on Wednesday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock has a market cap of $178.37 billion, a PE ratio of 22.39, a P/E/G ratio of 2.61 and a beta of 1.26. The firm has a 50-day moving average of $253.89 and a 200-day moving average of $262.69. 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 issued its quarterly earnings data 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. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. During the same period last year, the business posted $3.59 earnings per share. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The company also recently disclosed 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 is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.4%. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

Wall Street Analyst Weigh In

ACN has been the topic of a number of research reports. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Wells Fargo & Company assumed coverage on shares of Accenture in a research note on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 target price for the company. Deutsche Bank Aktiengesellschaft lifted their price target on Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research note on Wednesday, December 10th. Evercore ISI restated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Finally, Wolfe Research increased their price objective on Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $298.29.

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.