Capital Advisors Inc. OK Has $34.92 Million Holdings in Accenture PLC $ACN

Capital Advisors Inc. OK decreased its holdings in Accenture PLC (NYSE:ACN) by 41.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,596 shares of the information technology services provider’s stock after selling 102,074 shares during the period. Capital Advisors Inc. OK’s holdings in Accenture were worth $34,918,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sanders Capital LLC acquired a new position in Accenture in the 2nd quarter valued at approximately $2,637,640,000. Norges Bank purchased a new stake in shares of Accenture during the second quarter worth $2,216,850,000. Vanguard Group Inc. boosted 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 valued at $19,466,641,000 after purchasing an additional 1,315,548 shares during the last quarter. McElhenny Sheffield Capital Management LLC purchased a new position in Accenture in the second quarter valued at about $308,000. Finally, Flossbach Von Storch SE increased its position 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 worth $719,966,000 after purchasing an additional 781,211 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Accenture

In other 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 transaction of $1,725,569.02. Following the transaction, the insider owned 1,860 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the 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 completion of the sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. The trade was a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 33,319 shares of company stock worth $8,335,225. Insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ACN shares. JPMorgan Chase & Co. lowered their price target on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. Guggenheim lifted their target price on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Evercore ISI restated an “outperform” rating and set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research note on Wednesday, December 10th. Finally, Wolfe Research raised their target price on Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. One 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $296.83.

Accenture Stock Performance

Shares of ACN opened at $259.78 on Friday. The company has a market capitalization of $159.92 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 2.51 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company’s fifty day moving average price is $257.83 and its 200 day moving average price is $260.41.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company had revenue of $18.74 billion for 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 firm’s 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. As a group, analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The firm 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 $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is currently 53.88%.

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.