Dana Investment Advisors Inc. Purchases 16,746 Shares of Accenture PLC $ACN

Dana Investment Advisors Inc. lifted its position in Accenture PLC (NYSE:ACN) by 18.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,856 shares of the information technology services provider’s stock after purchasing an additional 16,746 shares during the quarter. Accenture accounts for about 0.8% of Dana Investment Advisors Inc.’s holdings, making the stock its 25th largest holding. Dana Investment Advisors Inc.’s holdings in Accenture were worth $26,351,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ACN. M. Kulyk & Associates LLC raised its stake in shares of Accenture by 32.0% during the third quarter. M. Kulyk & Associates LLC now owns 26,114 shares of the information technology services provider’s stock worth $6,440,000 after acquiring an additional 6,336 shares in the last quarter. Portland Global Advisors LLC purchased a new stake in shares of Accenture in the 3rd quarter valued at $204,000. Generation Investment Management LLP grew its holdings in shares of Accenture by 5.0% during the 3rd quarter. Generation Investment Management LLP now owns 1,722,474 shares of the information technology services provider’s stock valued at $424,762,000 after purchasing an additional 82,744 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Accenture by 11.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,284 shares of the information technology services provider’s stock worth $810,000 after purchasing an additional 326 shares during the period. Finally, Verus Capital Partners LLC lifted its stake in Accenture by 72.1% in the third quarter. Verus Capital Partners LLC now owns 1,411 shares of the information technology services provider’s stock worth $348,000 after purchasing an additional 591 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Price Performance

Shares of ACN stock opened at $200.72 on Tuesday. 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 PLC has a fifty-two week low of $199.10 and a fifty-two week high of $366.93. The firm has a market cap of $123.56 billion, a P/E ratio of 16.59, a P/E/G ratio of 2.07 and a beta of 1.24. The business’s 50 day moving average price is $260.19 and its 200-day moving average price is $253.10.

Accenture (NYSE:ACN) last announced its 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. 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%.The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were paid a dividend of $1.63 per share. The ex-dividend date of this dividend was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.2%. Accenture’s payout ratio is presently 53.88%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Evercore reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Susquehanna raised their price target on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. Royal Bank Of Canada set a $300.00 price target on Accenture in a research note on Thursday, December 18th. Guggenheim increased their price objective on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $300.00 target price on shares of Accenture in a research note on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

Insider Activity at Accenture

In other news, CEO John F. Walsh sold 3,986 shares of the stock in a transaction that occurred on 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 completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Julie Spellman Sweet sold 6,057 shares of Accenture stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the sale, the chief executive officer owned 15,255 shares in the company, valued at $3,679,963.65. This represents a 28.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,088 shares of company stock valued at $5,970,434 over the last three months. Corporate insiders own 0.02% of the company’s stock.

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.