Oppenheimer Asset Management Inc. Has $24.83 Million Stock Holdings in Accenture PLC $ACN

Oppenheimer Asset Management Inc. reduced its position in shares of Accenture PLC (NYSE:ACN) by 15.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,687 shares of the information technology services provider’s stock after selling 18,076 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Accenture were worth $24,829,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of ACN. Investors Research Corp grew its position in Accenture by 73.8% in the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Davis Capital Management bought a new stake in shares of Accenture during the 3rd quarter valued at approximately $28,000. Elevation Wealth Partners LLC increased its position in Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC bought a new position in Accenture in the 3rd quarter valued at approximately $32,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the business’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 value of $185,413.80. Following the transaction, the chief operating officer directly owned 12,688 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer owned 8,179 shares in the company, valued at $2,298,380.79. The trade was a 30.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 16,031 shares of company stock worth $4,509,304. 0.02% of the stock is owned by insiders.

Accenture Price Performance

Shares of ACN opened at $240.95 on Monday. The business has a 50-day moving average of $270.21 and a 200-day moving average of $256.33. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $392.02. The company has a market capitalization of $148.33 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 2.32 and a beta of 1.24. 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 released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion during 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 company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the business earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given 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 yield of 2.7%. Accenture’s dividend payout ratio is 53.88%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ACN shares. Rothschild & Co Redburn upped their price target on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Jefferies Financial Group boosted their price objective on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. UBS Group downgraded Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. HSBC lifted their price target on Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Finally, Citigroup upgraded shares of Accenture to a “hold” rating in a report on Thursday, October 23rd. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $298.38.

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.