Dynasty Wealth Management LLC Has $759,000 Stock Holdings in Accenture PLC $ACN

Dynasty Wealth Management LLC reduced its holdings in Accenture PLC (NYSE:ACN) by 78.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,076 shares of the information technology services provider’s stock after selling 11,274 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Accenture were worth $759,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Sanders Capital LLC bought a new stake in shares of Accenture in the 2nd quarter valued at about $2,637,640,000. Norges Bank bought a new stake in Accenture in the second quarter valued at approximately $2,216,850,000. Vanguard Group Inc. increased its position in Accenture by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after purchasing an additional 1,315,548 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Accenture by 12.8% during the 3rd 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 purchasing an additional 1,148,970 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new position in shares of Accenture in the 2nd quarter worth approximately $308,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Down 4.8%

ACN stock opened at $272.45 on Wednesday. The stock’s 50 day simple moving average is $265.62 and its 200 day simple moving average is $258.47. The company has a market cap of $167.72 billion, a P/E ratio of 22.52, 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 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.

Accenture (NYSE:ACN) last announced 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 return on equity of 26.65% and a net margin of 10.76%.The firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter last year, the firm posted $3.59 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. TD Cowen lifted their target price on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Truist Financial initiated coverage on Accenture in a research report on Tuesday, January 6th. They issued a “buy” rating and a $317.00 price objective for the company. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Finally, Jefferies Financial Group increased their price target on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $297.20.

Insider Buying and Selling at Accenture

In other news, CEO Mauro Macchi sold 500 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $280.00, for a total value 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 represents a 6.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Manish Sharma sold 2,731 shares of the firm’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 value of $786,883.03. Following the completion of the transaction, the insider owned 7,057 shares in the company, valued at $2,033,333.41. This represents a 27.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 21,674 shares of company stock valued at $5,661,414. Insiders own 0.02% of the company’s stock.

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.