Atria Investments Inc Reduces Position in Accenture PLC $ACN

Atria Investments Inc decreased its holdings in Accenture PLC (NYSE:ACN) by 33.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 53,016 shares of the information technology services provider’s stock after selling 26,829 shares during the quarter. Atria Investments Inc’s holdings in Accenture were worth $13,074,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Running Oak Capital LLC raised its stake in shares of Accenture by 14.3% in the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock worth $14,190,000 after buying an additional 7,190 shares during the period. Global Retirement Partners LLC purchased a new stake in Accenture in the 2nd quarter worth approximately $2,658,000. C WorldWide Group Holding A S boosted its position in shares of Accenture by 35.9% in the second quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock worth $2,435,000 after purchasing an additional 2,151 shares during the period. Norges Bank purchased a new stake in shares of Accenture in the second quarter worth $2,216,850,000. Finally, D.A. Davidson & CO. raised its position in shares of Accenture by 17.4% during the 3rd quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock valued at $63,771,000 after purchasing an additional 38,325 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Insider Transactions at Accenture

In other news, CAO Melissa A. Burgum sold 3,588 shares of the business’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $281.01, for a total transaction 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. The trade was a 30.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the transaction, the chief executive officer directly owned 27,221 shares in the company, valued at $7,523,339.98. This represents a 12.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 22,088 shares of company stock valued at $5,970,434. Company insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on ACN shares. UBS Group cut Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. HSBC boosted their price target on Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Citigroup upgraded shares of Accenture to a “hold” rating in a research report on Thursday, October 23rd. BMO Capital Markets restated a “market perform” rating and set a $300.00 target price on shares of Accenture in a research report on Thursday, December 18th. Finally, Dbs Bank upgraded shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Sixteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

Accenture Trading Down 3.6%

ACN opened at $222.10 on Friday. The stock has a 50-day moving average of $267.59 and a 200 day moving average of $255.31. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12 month low of $215.16 and a 12 month high of $392.02. The firm has a market cap of $136.73 billion, a P/E ratio of 18.36, a P/E/G ratio of 2.22 and a beta of 1.24.

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

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.9%. Accenture’s dividend payout ratio is currently 53.88%.

Accenture Company 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.