AlTi Global Inc. Acquires 2,256 Shares of Accenture PLC $ACN

AlTi Global Inc. boosted its holdings in Accenture PLC (NYSE:ACN) by 66.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,652 shares of the information technology services provider’s stock after acquiring an additional 2,256 shares during the quarter. AlTi Global Inc.’s holdings in Accenture were worth $1,394,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $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% during the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after purchasing an additional 660 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Accenture by 7.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 314,892 shares of the information technology services provider’s stock worth $95,293,000 after purchasing an additional 23,021 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Accenture by 2.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 50,743 shares of the information technology services provider’s stock valued at $15,166,000 after purchasing an additional 1,049 shares during the last quarter. Finally, Concord Asset Management LLC VA purchased a new position in shares of Accenture during the 2nd quarter valued at about $205,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Shares of NYSE:ACN opened at $241.02 on Wednesday. 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 cap of $148.37 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 2.28 and a beta of 1.24. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $392.02. The company has a 50-day moving average price of $269.39 and a 200-day moving average price of $255.72.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating 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 business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same quarter in the prior year, the company posted $3.59 EPS. Accenture’s quarterly revenue was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.7%. Accenture’s dividend payout ratio is 53.88%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Berenberg Bank began coverage on Accenture in a research note on Thursday, January 22nd. They issued a “buy” rating and a $313.00 target price for the company. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Guggenheim lifted their target price on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Wells Fargo & Company upped their price target on shares of Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Finally, Citigroup upgraded Accenture to a “hold” rating in a report on Thursday, October 23rd. Sixteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and an average target price of $298.38.

Insider Transactions at Accenture

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the firm’s stock in a transaction dated Monday, January 26th. The shares were 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 $3,564,439.84. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Melissa A. Burgum sold 3,588 shares of the company’s 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. This trade represents a 30.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 22,088 shares of company stock worth $5,970,434. 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.