Callan Family Office LLC Sells 7,555 Shares of Accenture PLC $ACN

Callan Family Office LLC cut its holdings in shares of Accenture PLC (NYSE:ACN) by 22.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,554 shares of the information technology services provider’s stock after selling 7,555 shares during the period. Callan Family Office LLC’s holdings in Accenture were worth $6,548,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Sanders Capital LLC bought a new position in Accenture in the second quarter valued at about $2,637,640,000. Norges Bank bought a new stake in shares of Accenture during the 2nd quarter valued at approximately $2,216,850,000. Vanguard Group Inc. increased its position in Accenture by 2.1% during 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 purchasing an additional 1,315,548 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Accenture by 12.8% in the 3rd 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 purchasing an additional 1,148,970 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new stake in Accenture in the second quarter valued at approximately $308,000. Institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. BMO Capital Markets reiterated a “market perform” rating and issued a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Susquehanna increased their target price on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Evercore ISI restated an “outperform” rating and set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Argus lowered their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research note on Monday, December 29th. Finally, UBS Group downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Sixteen equities research 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’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

Accenture Stock Up 1.2%

Shares of NYSE ACN opened at $266.75 on Tuesday. The company’s 50 day moving average price is $270.97 and its 200-day moving average price is $257.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a market capitalization of $164.21 billion, a P/E ratio of 22.05, a price-to-earnings-growth ratio of 2.54 and a beta of 1.25.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. Accenture’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be given a dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.4%. Accenture’s dividend payout ratio is presently 53.88%.

Insider Buying and Selling at Accenture

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of Accenture stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $280.93, for a total value of $185,413.80. Following the completion of the sale, the chief operating officer directly owned 12,688 shares in the company, valued at approximately $3,564,439.84. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total value of $1,101,650.68. Following the transaction, the chief executive officer owned 27,221 shares in the company, valued at $7,523,339.98. The trade was a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 21,934 shares of company stock valued at $5,965,166 over the last ninety days. Insiders own 0.02% of the company’s stock.

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.