Accenture PLC $ACN Shares Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC raised its holdings in Accenture PLC (NYSE:ACN) by 22.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,599 shares of the information technology services provider’s stock after acquiring an additional 3,605 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Accenture were worth $4,965,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on ACN. Jefferies Financial Group boosted their price objective on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. Evercore ISI restated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Robert W. Baird reduced their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a report on Friday, September 26th. Finally, Mizuho lowered their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Sixteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $297.20.

Accenture Trading Up 2.9%

Accenture stock opened at $280.71 on Thursday. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock has a market cap of $172.81 billion, a P/E ratio of 23.20, a P/E/G ratio of 2.63 and a beta of 1.25. The company’s fifty day simple moving average is $266.31 and its 200-day simple moving average is $258.62.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (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 earned $3.59 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid a $1.63 dividend. The ex-dividend date 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 53.88%.

Insider Buying and Selling at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 1,694 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $288.30, for a total transaction of $488,380.20. Following the transaction, the chief executive officer directly owned 37,346 shares of the company’s stock, valued at $10,766,851.80. This represents a 4.34% decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total value of $786,883.03. Following the transaction, the insider owned 7,057 shares in the company, valued at approximately $2,033,333.41. This trade represents a 27.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 21,674 shares of company stock valued at $5,661,414. 0.02% of the stock is currently owned by insiders.

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.