J.Safra Asset Management Corp Sells 2,650 Shares of Accenture PLC $ACN

J.Safra Asset Management Corp lowered its stake in shares of Accenture PLC (NYSE:ACN) by 60.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,699 shares of the information technology services provider’s stock after selling 2,650 shares during the period. J.Safra Asset Management Corp’s holdings in Accenture were worth $419,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Investors Research Corp boosted its holdings in Accenture by 73.8% in the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares during the period. Davis Capital Management purchased a new position in shares of Accenture in the 3rd quarter worth $28,000. RMG Wealth Management LLC bought a new stake in shares of Accenture in the second quarter worth $33,000. Finally, Elevation Wealth Partners LLC lifted its holdings in 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 acquiring an additional 73 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Accenture news, CEO Mauro Macchi sold 500 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $280.00, for a total transaction of $140,000.00. Following the completion of the sale, the chief executive officer directly owned 7,123 shares of the company’s stock, valued at $1,994,440. This trade represents a 6.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the completion of the transaction, the chief executive officer directly owned 23,516 shares in the company, valued at $5,868,888.12. This trade represents a 27.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 40,076 shares of company stock worth $10,256,788 over the last ninety days. 0.02% of the stock is owned by company insiders.

Accenture Stock Performance

Shares of NYSE ACN opened at $286.33 on Monday. The stock 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 1 year low of $229.40 and a 1 year high of $398.35. The firm has a fifty day moving average price of $264.19 and a 200-day moving average price of $258.82. 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 issued its 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 during 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.3%. Accenture’s payout ratio is currently 53.88%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Cowen restated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. Wolfe Research boosted their target price on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Guggenheim increased their price target on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Finally, Argus reduced their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $297.20.

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.