APG Asset Management N.V. Has $99.42 Million Stock Holdings in Accenture PLC $ACN

APG Asset Management N.V. boosted its position in shares of Accenture PLC (NYSE:ACN) by 8.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 403,170 shares of the information technology services provider’s stock after purchasing an additional 30,100 shares during the quarter. APG Asset Management N.V. owned 0.06% of Accenture worth $99,422,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Investors Research Corp raised its stake in Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after buying an additional 45 shares during the period. Harbor Capital Advisors Inc. increased its holdings in shares of Accenture by 132.6% in the third 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 stake in shares of Accenture during the third quarter worth about $28,000. Elevation Wealth Partners LLC lifted its holdings in shares of Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of Accenture in the 3rd quarter valued at approximately $32,000. 75.14% of the stock is owned by institutional investors.

Accenture Stock Performance

ACN opened at $208.35 on Friday. The business’s 50-day simple moving average is $254.50 and its 200 day simple moving average is $251.95. Accenture PLC has a 52-week low of $188.73 and a 52-week high of $359.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market capitalization of $128.26 billion, a PE ratio of 17.22, a PEG ratio of 2.01 and a beta of 1.24.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is 53.88%.

Insider Activity at Accenture

In other Accenture news, General Counsel Joel Unruch sold 1,332 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the sale, the general counsel owned 28,207 shares in the company, valued at $7,756,925. This represents a 4.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Melissa A. Burgum sold 3,588 shares of Accenture 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 of the company’s stock, valued at $2,298,380.79. This represents a 30.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 22,088 shares of company stock worth $5,970,434 over the last ninety days. Company insiders own 0.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on ACN shares. TD Cowen lifted their price target on shares of Accenture from $295.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Susquehanna raised their price objective on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Wells Fargo & Company upped their target price on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. Berenberg Bank assumed coverage on Accenture in a report on Thursday, January 22nd. They set a “buy” rating and a $313.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Accenture from $265.00 to $280.00 and gave the company a “hold” rating in a report on Monday, January 26th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $296.42.

About Accenture

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.