Generali Asset Management SPA SGR Increases Holdings in Accenture PLC $ACN

Generali Asset Management SPA SGR boosted its stake in shares of Accenture PLC (NYSE:ACN) by 18.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,595 shares of the information technology services provider’s stock after buying an additional 10,402 shares during the period. Generali Asset Management SPA SGR’s holdings in Accenture were worth $16,176,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Accenture by 2.1% in the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after purchasing an additional 1,315,548 shares during the period. State Street Corp grew its stake in shares of Accenture by 1.2% in the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock valued at $8,373,925,000 after buying an additional 326,979 shares during the period. Geode Capital Management LLC increased its holdings in shares of Accenture by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock worth $4,182,331,000 after buying an additional 147,931 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Accenture by 0.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider’s stock valued at $2,689,659,000 after buying an additional 56,108 shares during the period. Finally, Sanders Capital LLC acquired a new position in Accenture in the second quarter valued at approximately $2,637,640,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In other Accenture news, insider Manish Sharma sold 6,902 shares of the stock in a transaction that occurred on 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 sale, the insider directly 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 sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 33,319 shares of company stock worth $8,335,225. Company insiders own 0.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ACN. Susquehanna raised their target price on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Mizuho reduced their price objective on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Citigroup raised shares of Accenture to a “hold” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. reduced their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. Finally, Jefferies Financial Group increased their price objective on shares of Accenture from $250.00 to $270.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $296.83.

Accenture Stock Performance

Shares of ACN stock opened at $268.44 on Friday. The firm has a 50 day moving average of $257.59 and a two-hundred day moving average of $261.15. The stock has a market capitalization of $165.25 billion, a PE ratio of 22.19, a P/E/G ratio of 2.59 and a beta of 1.25. 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 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, topping analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently disclosed 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 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 payout ratio is currently 53.88%.

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.