Accenture PLC $ACN Shares Sold by Donaldson Capital Management LLC

Donaldson Capital Management LLC trimmed its stake in shares of Accenture PLC (NYSE:ACN) by 79.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,708 shares of the information technology services provider’s stock after selling 200,550 shares during the quarter. Donaldson Capital Management LLC’s holdings in Accenture were worth $12,998,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after acquiring an additional 4,905 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Accenture by 46.9% in the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after purchasing an additional 660 shares during the period. J. Safra Sarasin Holding AG raised its holdings in shares of Accenture by 197.4% during the second quarter. J. Safra Sarasin Holding AG now owns 7,257 shares of the information technology services provider’s stock valued at $2,169,000 after buying an additional 4,817 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Accenture by 6.4% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 70,887 shares of the information technology services provider’s stock worth $21,187,000 after buying an additional 4,281 shares in the last quarter. Finally, Triad Wealth Partners LLC increased its position in Accenture by 10.3% in the 2nd quarter. Triad Wealth Partners LLC now owns 761 shares of the information technology services provider’s stock valued at $227,000 after acquiring an additional 71 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the sale, the insider directly owned 7,057 shares of the company’s stock, valued at $2,033,333.41. The trade was a 27.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $281.01, for a total value of $1,008,263.88. Following the completion of the sale, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at approximately $2,298,380.79. This trade represents a 30.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,934 shares of company stock valued at $5,965,166 over the last 90 days. 0.02% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ACN shares. Truist Financial began coverage on Accenture in a research note on Tuesday, January 6th. They issued a “buy” rating and a $317.00 price target for the company. Jefferies Financial Group increased their target price on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, January 8th. BMO Capital Markets restated a “market perform” rating and set a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. HSBC increased their price objective on shares of Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Accenture from $265.00 to $280.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $298.38.

Accenture Price Performance

Shares of NYSE:ACN opened at $263.58 on Friday. The company has a market capitalization of $162.26 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 2.52 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. The stock has a fifty day moving average of $270.51 and a 200-day moving average of $257.87. Accenture PLC has a one year low of $229.40 and a one year high of $398.35.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping 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 company had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same period in the previous year, the firm earned $3.59 earnings per share. Accenture’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. As a group, equities analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

About Accenture

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.