Farther Finance Advisors LLC Has $4.99 Million Position in Accenture PLC $ACN

Farther Finance Advisors LLC cut its position in shares of Accenture PLC (NYSE:ACN) by 12.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,222 shares of the information technology services provider’s stock after selling 2,849 shares during the quarter. Farther Finance Advisors LLC’s holdings in Accenture were worth $4,987,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ACN. Investors Research Corp raised its holdings in shares of Accenture by 73.8% in 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 during the last quarter. Elevation Wealth Partners LLC increased its stake in Accenture by 146.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 73 shares during the last quarter. Heartwood Wealth Advisors LLC bought a new stake in Accenture during the 3rd quarter worth about $32,000. RMG Wealth Management LLC acquired a new position in shares of Accenture during the 2nd quarter worth about $33,000. Finally, Howard Hughes Medical Institute bought a new position in shares of Accenture in the 2nd quarter valued at about $40,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity

In related news, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the transaction, the chief executive officer directly owned 1,390 shares in the company, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Julie Spellman Sweet sold 5,917 shares of Accenture stock in a transaction dated 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 completion of the sale, the chief executive officer owned 8,599 shares of the company’s stock, valued at $2,120,685.38. This trade represents a 40.76% decrease in their position. 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 owned by company insiders.

Accenture Stock Down 0.3%

Accenture stock opened at $270.08 on Thursday. The company’s 50-day moving average price is $254.49 and its two-hundred day moving average price is $262.74. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock has a market cap of $177.84 billion, a P/E ratio of 22.32, a P/E/G ratio of 2.61 and a beta of 1.26. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35.

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 analysts’ consensus estimates of $3.73 by $0.21. The company had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous 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, analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

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%.

Analysts Set New Price Targets

Several research analysts recently commented on ACN shares. JPMorgan Chase & Co. reduced their price target on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday, September 26th. Guggenheim increased their price objective on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a report on Monday, December 15th. Rothschild & Co Redburn boosted their target price on shares of Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Wolfe Research upped their price target on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, December 11th. Finally, Stifel Nicolaus decreased their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $298.29.

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.