Accenture PLC $ACN Shares Sold by Dakota Wealth Management

Dakota Wealth Management decreased its stake in shares of Accenture PLC (NYSE:ACNFree Report) by 19.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,525 shares of the information technology services provider’s stock after selling 7,341 shares during the quarter. Dakota Wealth Management’s holdings in Accenture were worth $7,281,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Accenture by 46.9% in the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after purchasing an additional 660 shares during the period. United Bank grew its position in shares of Accenture by 49.8% during the second quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock worth $1,088,000 after buying an additional 1,209 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Accenture by 2.7% in the 2nd quarter. Bessemer Group Inc. now owns 34,673 shares of the information technology services provider’s stock valued at $10,365,000 after purchasing an additional 913 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY raised its stake in Accenture by 18.8% in the second quarter. Cobblestone Capital Advisors LLC NY now owns 2,523 shares of the information technology services provider’s stock valued at $754,000 after buying an additional 400 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, COO Catherine Kiernan Hogan sold 660 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $280.93, for a total value of $185,413.80. Following the completion of the transaction, the chief operating officer directly owned 12,688 shares of the company’s stock, valued at $3,564,439.84. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the company’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 completion of the sale, the chief executive officer directly owned 27,221 shares in the company, valued at $7,523,339.98. This trade represents a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 22,088 shares of company stock worth $5,970,434. 0.02% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on ACN. Evercore restated an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. UBS Group downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Susquehanna upped their target price on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Truist Financial assumed coverage on Accenture in a report on Tuesday, January 6th. They set a “buy” rating and a $317.00 price target on the stock. Finally, Berenberg Bank assumed coverage on Accenture in a report on Thursday, January 22nd. They set a “buy” rating and a $313.00 price target for the company. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

Read Our Latest Stock Report on ACN

Accenture Stock Down 2.3%

Accenture stock opened at $196.54 on Wednesday. The stock’s 50 day moving average price is $258.67 and its 200 day moving average price is $252.80. The company has a market cap of $120.99 billion, a PE ratio of 16.24, a price-to-earnings-growth ratio of 1.94 and a beta of 1.24. 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 PLC has a 1-year low of $196.09 and a 1-year high of $365.58.

Accenture (NYSE:ACNGet Free Report) last issued its 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 company had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $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 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

Key Stories Impacting Accenture

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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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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