Accenture PLC $ACN Shares Sold by American National Bank & Trust

American National Bank & Trust lowered its position in shares of Accenture PLC (NYSE:ACN) by 98.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 424 shares of the information technology services provider’s stock after selling 34,286 shares during the quarter. American National Bank & Trust’s holdings in Accenture were worth $105,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ACN. Investors Research Corp lifted its stake in Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after buying an additional 61 shares during the last quarter. Elevation Wealth Partners LLC boosted its holdings in shares of 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 period. Heartwood Wealth Advisors LLC bought a new stake in shares of Accenture during the 3rd quarter valued at about $32,000. Finally, RMG Wealth Management LLC bought a new position in Accenture in the second quarter worth about $33,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insiders Place Their Bets

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 sale, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Rothschild & Co Redburn upped their target price on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. Susquehanna increased their target price on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. HSBC boosted their price target on shares of Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Mizuho reduced their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. Finally, Cowen restated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average price target of $296.83.

Accenture Trading Down 3.2%

Shares of NYSE:ACN opened at $259.78 on Friday. The company has a 50 day moving average of $257.83 and a 200-day moving average of $260.41. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The firm has a market cap of $159.92 billion, a P/E ratio of 21.47, a P/E/G ratio of 2.51 and a beta of 1.25. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion for 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 firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s payout ratio is presently 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.