Callahan Advisors LLC Decreases Holdings in Accenture PLC $ACN

Callahan Advisors LLC reduced its position in Accenture PLC (NYSE:ACN) by 14.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,872 shares of the information technology services provider’s stock after selling 3,599 shares during the quarter. Callahan Advisors LLC’s holdings in Accenture were worth $5,147,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Firethorn Wealth Partners LLC grew its holdings in shares of Accenture by 4.4% during the second quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock valued at $255,000 after buying an additional 36 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in Accenture by 0.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock valued at $1,465,000 after acquiring an additional 38 shares in the last quarter. Capital Advisors Ltd. LLC lifted its stake in shares of Accenture by 3.5% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock valued at $363,000 after purchasing an additional 41 shares during the period. Omnia Family Wealth LLC grew its position in shares of Accenture by 5.2% during the 2nd quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock valued at $253,000 after acquiring an additional 42 shares during the period. Finally, SkyView Investment Advisors LLC lifted its position in shares of Accenture by 1.2% during the 2nd quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock valued at $1,108,000 after buying an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Activity at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 1,694 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $10,766,851.80. This represents a 4.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Mauro Macchi sold 500 shares of the business’s 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 sale, the chief executive officer directly owned 7,123 shares in the company, valued at $1,994,440. This trade represents a 6.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 21,674 shares of company stock worth $5,661,414 in the last ninety days. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Down 1.4%

Accenture stock opened at $281.00 on Monday. The stock’s fifty day moving average is $267.78 and its two-hundred day moving average is $258.09. The stock has a market cap of $172.99 billion, a PE ratio of 23.22, a P/E/G ratio of 2.71 and a beta of 1.25. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41.

Accenture (NYSE:ACN) last announced its quarterly earnings results 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 net margin of 10.76% and a return on equity of 26.65%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently declared 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 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 (DPR) is currently 53.88%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. TD Cowen lifted their target price on shares of Accenture from $295.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, December 19th. BMO Capital Markets reissued a “market perform” rating and set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Wall Street Zen downgraded Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. UBS Group cut Accenture from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. Sixteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average price target 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.