Boston Trust Walden Corp Sells 82,973 Shares of Accenture PLC $ACN

Boston Trust Walden Corp trimmed its position in shares of Accenture PLC (NYSE:ACN) by 15.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 458,658 shares of the information technology services provider’s stock after selling 82,973 shares during the period. Accenture makes up 0.8% of Boston Trust Walden Corp’s portfolio, making the stock its 22nd biggest holding. Boston Trust Walden Corp owned approximately 0.07% of Accenture worth $113,105,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ACN. Sanders Capital LLC acquired a new stake in Accenture in the 2nd quarter valued at approximately $2,637,640,000. Norges Bank acquired a new stake in shares of Accenture in the second quarter worth $2,216,850,000. Vanguard Group Inc. increased its position in Accenture by 2.1% during the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after acquiring an additional 1,315,548 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new position in Accenture during the 2nd quarter valued at $308,000. Finally, Flossbach Von Storch SE boosted its holdings in Accenture by 48.0% in the 2nd quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock valued at $719,966,000 after purchasing an additional 781,211 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

Accenture stock opened at $271.03 on Monday. The business’s fifty day moving average is $255.87 and its two-hundred day moving average is $261.67. 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 firm has a market cap of $166.85 billion, a P/E ratio of 22.40, a P/E/G ratio of 2.61 and a beta of 1.26. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating 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 analysts’ expectations of $18.51 billion. During the same quarter last year, the company posted $3.59 EPS. The company’s quarterly 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. Equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.4%. Accenture’s payout ratio is presently 53.88%.

Insider Activity

In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the transaction, the chief executive officer directly owned 23,516 shares in the company, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the sale, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This represents a 78.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 33,319 shares of company stock valued at $8,335,225 over the last 90 days. 0.02% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Stifel Nicolaus reduced their price objective on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Royal Bank Of Canada set a $300.00 price objective on Accenture in a report on Thursday, December 18th. Morgan Stanley cut their target price on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. Finally, BNP Paribas Exane decreased their price target on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. One 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 assigned a Sell rating to the stock. According to MarketBeat.com, Accenture has a consensus 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.