Evergreen Capital Management LLC Has $6.97 Million Stock Holdings in Accenture PLC $ACN

Evergreen Capital Management LLC boosted its stake in Accenture PLC (NYSE:ACN) by 17.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,273 shares of the information technology services provider’s stock after buying an additional 4,152 shares during the quarter. Evergreen Capital Management LLC’s holdings in Accenture were worth $6,972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ACN. Investors Research Corp increased its stake in shares of Accenture by 73.8% in the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $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 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 last quarter. Davis Capital Management bought a new position in shares of Accenture during the third quarter worth $28,000. RMG Wealth Management LLC bought a new stake in shares of Accenture during the second quarter worth $33,000. Finally, Elevation Wealth Partners LLC raised its holdings in shares of 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 during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Performance

NYSE ACN opened at $286.33 on Friday. The firm has a market cap of $176.27 billion, a P/E ratio of 23.66, a price-to-earnings-growth ratio of 2.76 and a beta of 1.25. 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 company’s 50 day moving average is $264.19 and its 200-day moving average is $259.12. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter in the previous year, the company earned $3.59 earnings per share. Accenture’s revenue for the quarter was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts predict 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. Investors of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.3%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ACN shares. Argus decreased their target price on Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Rothschild & Co Redburn raised their price target on shares of Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Susquehanna boosted their target price on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Finally, Wells Fargo & Company lifted their price objective on shares of Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $297.20.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the sale, the insider owned 1,860 shares of the company’s stock, valued at $465,018.60. This trade represents a 78.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ryoji Sekido sold 2,500 shares of the firm’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 transaction of $623,675.00. Following the completion of the sale, the chief executive officer directly owned 1,390 shares in the company, valued at $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 40,076 shares of company stock worth $10,256,788. 0.02% of the stock is owned by corporate insiders.

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.