2,093 Shares in Accenture PLC $ACN Purchased by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC bought a new position in shares of Accenture PLC (NYSE:ACN) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,093 shares of the information technology services provider’s stock, valued at approximately $516,000.

A number of other institutional investors also recently modified their holdings of the business. Sanders Capital LLC purchased a new position in Accenture in the 2nd quarter worth $2,637,640,000. Norges Bank bought a new position in shares of Accenture during the second quarter valued at about $2,216,850,000. Vanguard Group Inc. increased its holdings in shares of Accenture by 2.1% in the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after buying an additional 1,315,548 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new stake in Accenture during the 2nd quarter valued at about $308,000. Finally, Flossbach Von Storch SE grew its position in Accenture by 48.0% during 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 acquiring an additional 781,211 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the sale, the chief executive officer directly owned 23,516 shares in the company, valued at $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 40,076 shares of company stock worth $10,256,788. Insiders own 0.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Susquehanna raised their target price on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Truist Financial initiated coverage on Accenture in a research report on Tuesday, January 6th. They set a “buy” rating and a $317.00 price target for the company. Wall Street Zen lowered Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Finally, TD Cowen upped their target price on Accenture from $295.00 to $300.00 and gave the company a “buy” 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 given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $297.20.

Accenture Trading Down 0.5%

NYSE:ACN opened at $286.33 on Monday. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The business has a fifty day moving average price of $264.19 and a 200-day moving average price of $258.82. The firm has a market capitalization of $176.27 billion, a price-to-earnings ratio of 23.66, a price-to-earnings-growth ratio of 2.76 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 (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. The business 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 period in the prior year, the company posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is 53.88%.

About Accenture

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.