Accenture PLC $ACN Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC grew its holdings in Accenture PLC (NYSE:ACN) by 4.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 163,321 shares of the information technology services provider’s stock after buying an additional 6,782 shares during the period. ProShare Advisors LLC’s holdings in Accenture were worth $40,275,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares in the last quarter. State Street Corp boosted its position in shares of Accenture by 1.2% during the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock valued at $8,373,925,000 after acquiring an additional 326,979 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Accenture by 1.1% in the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the period. Massachusetts Financial Services Co. MA increased its position in Accenture by 12.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after purchasing an additional 1,148,970 shares during the last quarter. Finally, Sanders Capital LLC purchased a new position in Accenture during the second quarter worth about $2,637,640,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Accenture

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $280.93, for a total value of $185,413.80. Following the sale, the chief operating officer owned 12,688 shares of the company’s stock, valued at $3,564,439.84. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction dated 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 directly 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. In the last ninety days, insiders have sold 16,031 shares of company stock valued at $4,509,304. Insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN stock opened at $236.97 on Tuesday. The business’s fifty day moving average price is $269.80 and its 200 day moving average price is $256.01. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $392.02. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $145.88 billion, a PE ratio of 19.58, a P/E/G ratio of 2.32 and a beta of 1.24.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.73 by $0.21. The company had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.Accenture’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The firm also recently declared 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. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.8%. Accenture’s payout ratio is 53.88%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. BMO Capital Markets reiterated a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Truist Financial began coverage on Accenture in a research report on Tuesday, January 6th. They issued a “buy” rating and a $317.00 target price on the stock. Susquehanna increased their price target on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, Guggenheim raised their price objective on Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Sixteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

Accenture 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.