Aviso Financial Inc. Decreases Holdings in Accenture PLC $ACN

Aviso Financial Inc. reduced its position in Accenture PLC (NYSE:ACN) by 78.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,539 shares of the information technology services provider’s stock after selling 13,132 shares during the period. Aviso Financial Inc.’s holdings in Accenture were worth $873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Accenture by 2.1% during 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 purchasing an additional 1,315,548 shares during the last quarter. State Street Corp increased its holdings in Accenture by 1.2% during the second 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 buying an additional 326,979 shares during the last quarter. Geode Capital Management LLC raised its position in 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 worth $4,182,331,000 after acquiring an additional 147,931 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of Accenture by 12.8% during the 3rd 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 acquiring an additional 1,148,970 shares during the last quarter. Finally, Sanders Capital LLC bought a new stake in shares of Accenture during the 2nd quarter valued at $2,637,640,000. Institutional investors own 75.14% of the company’s stock.

Wall Street Analyst Weigh In

ACN has been the topic of a number of recent research reports. Royal Bank Of Canada set a $300.00 target price on Accenture in a report on Thursday, December 18th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Wells Fargo & Company increased their target price on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Susquehanna lifted their price target on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Finally, Wolfe Research increased their price objective on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, December 11th. 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 data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $296.42.

Insiders Place Their Bets

In related news, CEO Julie Spellman Sweet sold 6,057 shares of the business’s stock in a transaction 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 approximately $3,679,963.65. The trade was a 28.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This trade represents a 12.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 22,088 shares of company stock worth $5,970,434. Insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN stock opened at $208.35 on Monday. The company has a market capitalization of $128.26 billion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28. The company’s fifty day moving average price is $254.50 and its 200-day moving average price is $251.99. Accenture PLC has a one year low of $188.73 and a one year 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.

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

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 3.1%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

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.