Accenture PLC $ACN Shares Sold by Bey Douglas LLC

Bey Douglas LLC reduced its stake in shares of Accenture PLC (NYSE:ACN) by 90.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,041 shares of the information technology services provider’s stock after selling 19,067 shares during the period. Accenture accounts for about 0.4% of Bey Douglas LLC’s holdings, making the stock its 26th biggest position. Bey Douglas LLC’s holdings in Accenture were worth $503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Investors Research Corp increased its position in Accenture by 73.8% during the 3rd 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 in the last quarter. Harbor Capital Advisors Inc. boosted its stake 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 worth $26,000 after purchasing an additional 61 shares during the last quarter. Davis Capital Management purchased a new stake in shares of Accenture during the third quarter worth about $28,000. Elevation Wealth Partners LLC raised its position in shares of 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 buying an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new position in shares of Accenture during the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ACN. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research note on Wednesday, October 8th. UBS Group reiterated a “buy” rating on shares of Accenture in a research report on Wednesday, January 7th. Royal Bank Of Canada set a $300.00 price target on Accenture in a report on Thursday, December 18th. Finally, Wells Fargo & Company increased their price objective on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Sixteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and a consensus target price of $297.20.

Insider Activity

In related news, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction 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 sale, the chief executive officer owned 7,123 shares of the company’s stock, valued at $1,994,440. The trade was a 6.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total transaction of $366,300.00. Following the completion of the transaction, the general counsel directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 21,674 shares of company stock worth $5,661,414. Company insiders own 0.02% of the company’s stock.

Accenture Stock Performance

Shares of ACN stock opened at $280.71 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The company has a market cap of $172.81 billion, a PE 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 PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

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 the consensus estimate of $3.73 by $0.21. The company had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.3%. Accenture’s dividend payout ratio (DPR) is 53.88%.

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.