Hantz Financial Services Inc. Sells 28,950 Shares of Accenture PLC $ACN

Hantz Financial Services Inc. trimmed its holdings in shares of Accenture PLC (NYSE:ACN) by 31.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,859 shares of the information technology services provider’s stock after selling 28,950 shares during the period. Hantz Financial Services Inc.’s holdings in Accenture were worth $15,254,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its stake in Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after acquiring an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in 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 last quarter. Wealthcare Advisory Partners LLC grew its holdings 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 purchasing an additional 38 shares during the period. OLD National Bancorp IN increased its position in Accenture by 27.5% in the second quarter. OLD National Bancorp IN now owns 4,401 shares of the information technology services provider’s stock worth $1,315,000 after buying an additional 949 shares during the last quarter. Finally, Merit Financial Group LLC raised its stake in shares of Accenture by 16.5% in the second quarter. Merit Financial Group LLC now owns 17,849 shares of the information technology services provider’s stock valued at $5,335,000 after buying an additional 2,527 shares during the period. Institutional investors own 75.14% of the company’s stock.

Accenture Price Performance

ACN stock opened at $241.01 on Wednesday. The firm has a 50 day moving average of $270.80 and a 200-day moving average of $257.31. The firm has a market capitalization of $148.37 billion, a P/E ratio of 19.92, a price-to-earnings-growth ratio of 2.57 and a beta of 1.24. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last posted 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. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same quarter in the prior year, the firm posted $3.59 EPS. Accenture’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. As a group, sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

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. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, January 13th. Accenture’s payout ratio is presently 53.88%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ACN shares. Berenberg Bank initiated coverage on Accenture in a research note on Thursday, January 22nd. They set a “buy” rating and a $313.00 price target for the company. The Goldman Sachs Group reiterated a “buy” rating and set a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Jefferies Financial Group lifted their target price on shares of Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, January 8th. Guggenheim upped their price target on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Sixteen 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 stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $298.38.

Insiders Place Their Bets

In other Accenture news, CAO Melissa A. Burgum sold 3,588 shares of the company’s stock in a transaction dated 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 transaction, the chief accounting officer directly owned 8,179 shares in the company, valued at $2,298,380.79. This represents a 30.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Manish Sharma sold 2,731 shares of Accenture stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total value of $786,883.03. Following the sale, the insider owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. This trade represents a 27.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 16,017 shares of company stock worth $4,505,916. 0.02% of the stock is owned by corporate insiders.

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.