Cerity Partners LLC Has $99.04 Million Holdings in Accenture PLC $ACN

Cerity Partners LLC grew its holdings in Accenture PLC (NYSE:ACNFree Report) by 5.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 401,646 shares of the information technology services provider’s stock after purchasing an additional 21,135 shares during the period. Cerity Partners LLC owned about 0.06% of Accenture worth $99,044,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Investors Research Corp lifted its position in Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after buying an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 61 shares during the last quarter. Davis Capital Management purchased a new stake in shares of Accenture during the third quarter worth $28,000. RMG Wealth Management LLC acquired a new stake in Accenture during the second quarter valued at $33,000. Finally, Elevation Wealth Partners LLC grew its stake in Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ACN has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut 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. Truist Financial initiated coverage on shares of Accenture in a research report on Tuesday. They set a “buy” rating and a $317.00 price objective on the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Rothschild & Co Redburn increased their price target on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, Argus reduced their price objective on shares of Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned 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, the company has a consensus rating of “Moderate Buy” and a consensus price target of $295.84.

View Our Latest Research Report on ACN

Accenture Trading Up 4.3%

Shares of NYSE:ACN opened at $275.31 on Wednesday. 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 stock’s 50-day moving average is $258.52 and its 200-day moving average is $259.72. The company has a market cap of $169.48 billion, a P/E ratio of 22.75, a P/E/G ratio of 2.55 and a beta of 1.25. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACNGet Free Report) last announced its earnings results 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. The firm had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors 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 yield of 2.4%. Accenture’s payout ratio is 53.88%.

Insider Activity at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the sale, the chief executive officer directly owned 23,516 shares of the company’s stock, valued at $5,868,888.12. This represents a 27.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was 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 in the company, valued at approximately $346,763.30. The trade was a 64.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 34,651 shares of company stock valued at $8,701,525 in the last 90 days. 0.02% of the stock is owned by company insiders.

Key Accenture News

Here are the key news stories impacting Accenture this week:

Accenture Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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