Accenture PLC $ACN Shares Bought by Inscription Capital LLC

Inscription Capital LLC grew its holdings in shares of Accenture PLC (NYSE:ACN) by 30.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,016 shares of the information technology services provider’s stock after purchasing an additional 2,361 shares during the period. Inscription Capital LLC’s holdings in Accenture were worth $2,470,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in 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 purchasing an additional 1,315,548 shares during the period. State Street Corp grew its stake in shares of Accenture by 1.2% in the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock worth $8,373,925,000 after purchasing an additional 326,979 shares during the last quarter. Geode Capital Management LLC lifted its stake in Accenture by 1.1% during the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Accenture by 12.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after buying an additional 1,148,970 shares in the last quarter. Finally, Sanders Capital LLC bought a new position in shares of Accenture in the second quarter valued at $2,637,640,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on ACN shares. Rothschild & Co Redburn boosted their price objective on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. UBS Group restated a “buy” rating on shares of Accenture in a report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a research note on Wednesday, October 8th. Finally, Cowen reiterated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus price target of $297.20.

Insider Transactions at Accenture

In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer owned 1,390 shares in the company, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares in the company, valued at $465,018.60. This trade represents a 78.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 40,076 shares of company stock worth $10,256,788. 0.02% of the stock is currently owned by company insiders.

Accenture Stock Down 0.5%

ACN opened at $286.33 on Tuesday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The business has a 50 day moving average price of $265.02 and a 200 day moving average price of $258.69. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. 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.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping 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 firm had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same quarter in the previous year, the business earned $3.59 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

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

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.