111 Capital Takes Position in Accenture PLC $ACN

111 Capital acquired a new position in shares of Accenture PLC (NYSE:ACN) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,396 shares of the information technology services provider’s stock, valued at approximately $3,057,000. Accenture comprises 0.6% of 111 Capital’s investment portfolio, making the stock its 29th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after acquiring an additional 4,905 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Accenture by 46.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after purchasing an additional 660 shares during the last quarter. United Bank boosted its position in Accenture by 49.8% during the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock valued at $1,088,000 after purchasing an additional 1,209 shares during the period. Kovack Advisors Inc. grew its position in shares of Accenture by 10.9% during the second quarter. Kovack Advisors Inc. now owns 866 shares of the information technology services provider’s stock worth $259,000 after acquiring an additional 85 shares during the last quarter. Finally, Syverson Strege & Co acquired a new stake in shares of Accenture in the 2nd quarter worth about $216,000. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Up 0.5%

ACN opened at $208.35 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market capitalization of $128.26 billion, a PE ratio of 17.22, a P/E/G ratio of 2.01 and a beta of 1.28. The stock’s fifty day moving average is $254.50 and its 200-day moving average is $251.99. Accenture PLC has a one year low of $188.73 and a one year high of $359.14.

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

Accenture Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have commented on ACN. The Goldman Sachs Group restated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. BMO Capital Markets reiterated a “market perform” rating and set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Royal Bank Of Canada set a $300.00 target price on Accenture in a research report on Thursday, December 18th. Jefferies Financial Group boosted their price target on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. Finally, Wells Fargo & Company raised their price target on Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th. Sixteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $296.42.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 2,731 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the completion of the sale, the insider directly owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. This represents a 27.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of Accenture stock in a transaction that occurred on 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 approximately $7,523,339.98. This trade represents 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 ninety days, insiders sold 22,088 shares of company stock worth $5,970,434. Corporate insiders own 0.02% of the company’s stock.

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.