Asset Advisors Investment Management LLC Has $15.02 Million Position in Accenture PLC $ACN

Asset Advisors Investment Management LLC decreased its stake in Accenture PLC (NYSE:ACN) by 16.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,925 shares of the information technology services provider’s stock after selling 12,262 shares during the period. Accenture accounts for about 1.4% of Asset Advisors Investment Management LLC’s holdings, making the stock its 24th biggest holding. Asset Advisors Investment Management LLC’s holdings in Accenture were worth $15,024,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Investors Research Corp lifted its stake in shares of Accenture by 73.8% in the 3rd 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 period. Harbor Capital Advisors Inc. lifted its position in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 61 shares during the period. Davis Capital Management bought a new stake in Accenture in the third quarter valued at $28,000. Elevation Wealth Partners LLC boosted its position in shares of Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of Accenture in the 3rd quarter valued at about $32,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture agreed to acquire Faculty, a UK-based AI-native services and products firm — a deal that accelerates Accenture’s AI capabilities and go-to-market for client AI transformations. Accenture to Acquire Faculty to Scale AI Capabilities
• Positive Sentiment: Truist initiated coverage with a buy rating, providing fresh analyst support that can boost investor confidence and demand. Accenture initiated with a buy at Truist
• Positive Sentiment: Partnership with NTT DOCOMO GLOBAL to launch a Universal Wallet Infrastructure highlights Accenture’s push into large-scale digital identity/data-led projects — a potential revenue and strategic growth driver. NTT DOCOMO GLOBAL and Accenture Launch Universal Wallet Infrastructure
• Neutral Sentiment: Rothschild & Co Redburn nudged its price target slightly higher to $210 but maintained a neutral rating — the PT remains well below current levels, limiting upside from this particular update. Rothschild & Co Redburn adjusts PT
• Negative Sentiment: Coverage questioning softer public‑sector demand raises concerns about near-term consulting revenue resilience in that end market. Is Softer Public-Sector Demand Undermining the Resilience of Accenture’s Consulting Engine?
• Negative Sentiment: An insider sale: General Counsel Joel Unruch sold 1,332 shares (~$275 avg), trimming his stake ~4.5% — a modest negative signal though not unusually large given his remaining holdings. SEC Filing – Insider Sale

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ACN. JPMorgan Chase & Co. cut their target price on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. Evercore ISI restated an “outperform” rating and set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Cowen reiterated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. Guggenheim raised their target price on Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Finally, Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and an average price target of $295.84.

Accenture Price Performance

Shares of NYSE:ACN opened at $275.31 on Wednesday. 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 $169.48 billion, a PE ratio of 22.75, a PEG ratio of 2.55 and a beta of 1.25. The company’s fifty day moving average is $258.52 and its 200 day moving average is $259.72. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. During the same period last year, the firm earned $3.59 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The business 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 $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.4%. Accenture’s payout ratio is presently 53.88%.

Insider Buying and Selling

In other Accenture news, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total transaction of $366,300.00. Following the completion of the sale, the general counsel owned 28,207 shares of the company’s stock, valued at $7,756,925. This represents a 4.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction that occurred on 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 $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 34,651 shares of company stock worth $8,701,525. 0.02% of the stock is owned by company insiders.

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.