Florida Trust Wealth Management Co Has $50.30 Million Holdings in Accenture PLC $ACN

Florida Trust Wealth Management Co trimmed its holdings in shares of Accenture PLC (NYSE:ACN) by 7.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 203,966 shares of the information technology services provider’s stock after selling 17,269 shares during the period. Accenture accounts for approximately 1.4% of Florida Trust Wealth Management Co’s holdings, making the stock its 16th largest holding. Florida Trust Wealth Management Co’s holdings in Accenture were worth $50,298,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Firethorn Wealth Partners LLC raised its holdings in shares of Accenture by 4.4% in the second quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock valued at $255,000 after buying an additional 36 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in Accenture by 0.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock valued at $1,465,000 after acquiring an additional 38 shares in the last quarter. Capital Advisors Ltd. LLC raised its stake in shares of Accenture by 3.5% in the second quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock worth $363,000 after acquiring an additional 41 shares during the last quarter. Silver Oak Securities Incorporated grew its stake in shares of Accenture by 5.2% during the second quarter. Silver Oak Securities Incorporated now owns 857 shares of the information technology services provider’s stock valued at $256,000 after purchasing an additional 42 shares during the last quarter. Finally, Omnia Family Wealth LLC increased its holdings in shares of Accenture by 5.2% in the second quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock valued at $253,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Trading Down 0.5%

ACN opened at $286.33 on Monday. The firm’s fifty day moving average is $264.19 and its two-hundred day moving average is $258.82. The firm has a market cap of $176.27 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 2.76 and a beta of 1.25. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. 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 (NYSE:ACN) last released its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter in the prior year, the company earned $3.59 EPS. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The firm also recently announced 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. This represents a $6.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Susquehanna increased their price objective on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Wells Fargo & Company raised their price target on Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a report on Wednesday. BNP Paribas Exane dropped their price objective on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. BMO Capital Markets restated a “market perform” rating and set a $300.00 target price on shares of Accenture in a research report on Thursday, December 18th. Finally, Guggenheim boosted their price target 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. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $297.20.

Insider Activity

In other Accenture news, General Counsel Joel Unruch sold 1,332 shares of Accenture stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Manish Sharma sold 2,731 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the completion of the transaction, the insider owned 7,057 shares of the company’s stock, valued at $2,033,333.41. This trade represents a 27.90% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 40,076 shares of company stock worth $10,256,788. Corporate insiders own 0.02% of the company’s stock.

Accenture 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.