Nichols & Pratt Advisers LLP MA Has $13.68 Million Stake in Accenture PLC $ACN

Nichols & Pratt Advisers LLP MA lowered its position in Accenture PLC (NYSE:ACN) by 13.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,456 shares of the information technology services provider’s stock after selling 8,323 shares during the quarter. Nichols & Pratt Advisers LLP MA’s holdings in Accenture were worth $13,675,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Accenture by 2.1% in the second 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 buying an additional 1,315,548 shares during the period. State Street Corp increased its holdings in shares of Accenture by 1.2% during the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock worth $8,373,925,000 after acquiring an additional 326,979 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Accenture by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Accenture by 12.8% during the third 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 purchasing an additional 1,148,970 shares during the period. Finally, Sanders Capital LLC acquired a new position in shares of Accenture in the second quarter valued at $2,637,640,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the business’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $280.93, for a total transaction of $185,413.80. Following the sale, the chief operating officer owned 12,688 shares of the company’s stock, valued at $3,564,439.84. The trade was a 4.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the sale, the chief executive officer owned 27,221 shares in the company, valued at approximately $7,523,339.98. The trade was a 12.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 21,934 shares of company stock valued at $5,965,166. Corporate insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ACN shares. Citigroup upgraded Accenture to a “hold” rating in a report on Thursday, October 23rd. Wolfe Research increased their price target on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, December 11th. Evercore ISI reiterated an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Finally, TD Cowen lifted their price target on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus price target of $298.38.

Accenture Price Performance

ACN opened at $266.75 on Tuesday. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The company has a market capitalization of $164.21 billion, a price-to-earnings ratio of 22.05, a P/E/G ratio of 2.54 and a beta of 1.25. The firm’s fifty day moving average price is $270.97 and its two-hundred day moving average price is $257.60. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41.

Accenture (NYSE:ACN) last announced its quarterly earnings data 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 firm 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 business’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 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

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.