Commerzbank Aktiengesellschaft FI Purchases 11,541 Shares of Accenture PLC $ACN

Commerzbank Aktiengesellschaft FI boosted its position in shares of Accenture PLC (NYSE:ACN) by 23.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,500 shares of the information technology services provider’s stock after purchasing an additional 11,541 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Accenture were worth $15,166,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Sanders Capital LLC acquired a new position in shares of Accenture in the 2nd quarter worth approximately $2,637,640,000. Norges Bank acquired a new position in Accenture in the second quarter worth $2,216,850,000. Vanguard Group Inc. grew its holdings in shares of Accenture by 2.1% during 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 last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Accenture by 12.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after buying an additional 1,148,970 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC bought a new position in shares of Accenture in the second quarter valued at about $308,000. 75.14% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Manish Sharma sold 2,731 shares of the company’s stock in a transaction 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 sale, the insider owned 7,057 shares in the company, valued at $2,033,333.41. This represents a 27.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Julie Spellman Sweet sold 1,694 shares of Accenture stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.30, for a total value of $488,380.20. Following the transaction, the chief executive officer owned 37,346 shares in the company, valued at approximately $10,766,851.80. This represents a 4.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,674 shares of company stock worth $5,661,414 over the last three months. Company insiders own 0.02% of the company’s stock.

Accenture Stock Performance

ACN stock opened at $281.00 on Friday. Accenture PLC has a twelve month low of $229.40 and a twelve 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 company has a market cap of $172.99 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. The business’s fifty day moving average is $267.78 and its 200-day moving average is $258.36.

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 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 business had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. During the same quarter in the prior year, the company posted $3.59 earnings per share. The firm’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. Equities research analysts forecast 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. Investors of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. 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 currently 53.88%.

Wall Street Analyst Weigh In

ACN has been the subject of several research reports. Berenberg Bank began coverage on shares of Accenture in a research report on Thursday. They issued a “buy” rating and a $313.00 price objective for the company. Wolfe Research raised their price target on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. Jefferies Financial Group upped 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. Susquehanna lifted their target price on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Finally, Wells Fargo & Company upped their price target on Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. Sixteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $297.81.

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.