Bfsg LLC Sells 10,109 Shares of Accenture PLC $ACN

Bfsg LLC lowered its position in shares of Accenture PLC (NYSE:ACN) by 53.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,797 shares of the information technology services provider’s stock after selling 10,109 shares during the period. Bfsg LLC’s holdings in Accenture were worth $2,169,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its position in Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Accenture by 46.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after purchasing an additional 660 shares during the last quarter. Perpetual Ltd lifted its stake in shares of Accenture by 1.3% in the 2nd quarter. Perpetual Ltd now owns 7,942 shares of the information technology services provider’s stock worth $2,374,000 after purchasing an additional 104 shares during the period. Global X Japan Co. Ltd. boosted its holdings in shares of Accenture by 54.2% in the second quarter. Global X Japan Co. Ltd. now owns 222 shares of the information technology services provider’s stock worth $66,000 after buying an additional 78 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its holdings in Accenture by 5.2% in the 2nd quarter. Silver Oak Securities Incorporated now owns 857 shares of the information technology services provider’s stock worth $256,000 after purchasing an additional 42 shares during the period. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Accenture

In other news, General Counsel Joel Unruch sold 1,332 shares of Accenture stock in a transaction that occurred 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 sale, the general counsel directly owned 28,207 shares of the company’s stock, valued at $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Mauro Macchi sold 500 shares of the stock in a transaction on Wednesday, January 14th. 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 directly owned 7,123 shares of the company’s stock, valued at approximately $1,994,440. This represents a 6.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,076 shares of company stock worth $10,256,788 in the last ninety days. Company insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Robert W. Baird reduced their target price on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Evercore ISI restated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $297.20.

Accenture Stock Down 0.5%

Shares of ACN stock opened at $286.33 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a market capitalization of $176.27 billion, a PE ratio of 23.66, a P/E/G ratio of 2.76 and a beta of 1.25. The stock’s 50-day simple moving average is $264.19 and its 200-day simple moving average is $258.82.

Accenture (NYSE:ACN) last issued 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 company had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. Accenture’s quarterly revenue was up 5.7% on a year-over-year basis. 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 analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

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