Savant Capital LLC Has $20.78 Million Stake in Accenture PLC $ACN

Savant Capital LLC increased its position in Accenture PLC (NYSE:ACN) by 2.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,260 shares of the information technology services provider’s stock after buying an additional 2,321 shares during the period. Savant Capital LLC’s holdings in Accenture were worth $20,778,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Investors Research Corp boosted its holdings in Accenture by 73.8% in the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 61 shares in the last quarter. Davis Capital Management acquired a new position in shares of Accenture during the 3rd quarter valued at about $28,000. Elevation Wealth Partners LLC raised its stake in shares of Accenture by 146.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in Accenture in the 3rd quarter worth approximately $32,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. Wolfe Research raised their target price on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, December 11th. Rothschild & Co Redburn increased their target price on Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Truist Financial began coverage on shares of Accenture in a research report on Tuesday, January 6th. They issued a “buy” rating and a $317.00 price target on the stock. Finally, HSBC boosted their price objective on Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

Insider Buying and Selling

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $280.93, for a total transaction of $185,413.80. Following the completion of the transaction, the chief operating officer owned 12,688 shares of the company’s stock, valued at $3,564,439.84. This represents a 4.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John F. Walsh sold 3,986 shares of the stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 16,017 shares of company stock valued at $4,505,916. 0.02% of the stock is owned by company insiders.

Accenture Stock Down 9.7%

NYSE:ACN opened at $241.01 on Wednesday. The stock’s fifty day moving average price is $270.80 and its two-hundred day moving average price is $257.31. The company has a market cap of $148.37 billion, a price-to-earnings ratio of 19.92, a P/E/G ratio of 2.57 and a beta of 1.24. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. 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 (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 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 firm had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same period last year, the company earned $3.59 earnings per share. The company’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. On average, analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

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 paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.

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.