Birch Hill Investment Advisors LLC Reduces Holdings in Accenture PLC $ACN

Birch Hill Investment Advisors LLC lowered its stake in shares of Accenture PLC (NYSE:ACNFree Report) by 9.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,183 shares of the information technology services provider’s stock after selling 2,811 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in Accenture were worth $6,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Sanders Capital LLC bought a new position in shares of Accenture in the 2nd quarter worth approximately $2,637,640,000. Norges Bank bought a new position in Accenture in the second quarter worth $2,216,850,000. Vanguard Group Inc. boosted its holdings in shares of Accenture by 2.1% during the 2nd 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 buying an additional 1,315,548 shares in the last quarter. McElhenny Sheffield Capital Management LLC bought a new stake in shares of Accenture during the 2nd quarter valued at $308,000. Finally, Flossbach Von Storch SE grew its position in shares of 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 buying an additional 781,211 shares during the period. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Trading Down 0.7%

NYSE:ACN opened at $274.00 on Thursday. The company has a 50 day simple moving average of $259.04 and a two-hundred day simple moving average of $259.82. The company has a market cap of $168.68 billion, a PE ratio of 22.64, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35.

Accenture (NYSE:ACNGet Free Report) last released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The firm had revenue of $18.74 billion for 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 company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the business posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Guggenheim boosted their price objective on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Royal Bank Of Canada set a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. Argus cut their price target on Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. JPMorgan Chase & Co. reduced their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday, September 26th. Finally, Susquehanna lifted their target price on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. 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 assigned a Sell rating to the company. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $295.84.

View Our Latest Analysis on Accenture

Insider Buying and Selling at Accenture

In related news, CEO Mauro Macchi sold 500 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $280.00, for a total value of $140,000.00. Following the completion of the transaction, the chief executive officer owned 7,623 shares of the company’s stock, valued at approximately $2,134,440. This trade represents a 6.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the completion of the sale, the general counsel owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. This represents a 4.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 35,151 shares of company stock worth $8,841,525. Insiders own 0.02% of the company’s stock.

About Accenture

(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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