Dynamic Technology Lab Private Ltd Decreases Stock Holdings in Accenture PLC $ACN

Dynamic Technology Lab Private Ltd decreased its holdings in shares of Accenture PLC (NYSE:ACNFree Report) by 92.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,014 shares of the information technology services provider’s stock after selling 12,127 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Accenture were worth $250,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ACN. Investors Research Corp raised its holdings in Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 45 shares during the period. Harbor Capital Advisors Inc. boosted its stake in Accenture by 132.6% during the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after buying an additional 61 shares during the period. Davis Capital Management bought a new position in Accenture during the third quarter valued at $28,000. Elevation Wealth Partners LLC raised its stake in shares of Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 73 shares during the period. Finally, Heartwood Wealth Advisors LLC purchased a new position in shares of Accenture during the 3rd quarter worth about $32,000. 75.14% of the stock is owned by institutional investors.

Accenture Stock Performance

Shares of NYSE:ACN opened at $195.93 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $120.61 billion, a price-to-earnings ratio of 16.19, a price-to-earnings-growth ratio of 1.91 and a beta of 1.27. The firm has a 50 day moving average of $243.23 and a 200 day moving average of $249.20. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $326.73.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion for 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 business’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were given 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 yield of 3.3%. Accenture’s dividend payout ratio is presently 53.88%.

Insider Activity

In other news, CEO Julie Spellman Sweet sold 6,057 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total value of $1,461,130.11. Following the completion of the sale, the chief executive officer owned 15,255 shares of the company’s stock, valued at $3,679,963.65. This trade represents a 28.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at approximately $2,298,380.79. This 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 have sold 22,088 shares of company stock worth $5,970,434. Company insiders own 0.02% of the company’s stock.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ACN shares. Berenberg Bank initiated coverage on shares of Accenture in a research report on Thursday, January 22nd. They issued a “buy” rating and a $313.00 price objective on the stock. Wells Fargo & Company increased their price target on Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. UBS Group cut Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th. Finally, Guggenheim decreased their target price on Accenture from $305.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $288.35.

Check Out Our Latest Analysis on Accenture

Accenture Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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