Dundas Partners LLP Buys 19,285 Shares of Accenture PLC $ACN

Dundas Partners LLP grew its stake in shares of Accenture PLC (NYSE:ACNFree Report) by 15.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 145,882 shares of the information technology services provider’s stock after buying an additional 19,285 shares during the period. Accenture makes up 2.5% of Dundas Partners LLP’s investment portfolio, making the stock its 20th biggest holding. Dundas Partners LLP’s holdings in Accenture were worth $35,975,000 as of its most recent filing with the SEC.

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

Accenture Trading Up 1.5%

ACN stock opened at $217.12 on Monday. The business has a fifty day moving average price of $248.64 and a 200 day moving average price of $250.63. 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 fifty-two week low of $188.73 and a fifty-two week high of $342.89. The stock has a market capitalization of $133.66 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 2.07 and a beta of 1.27.

Accenture (NYSE:ACNGet Free Report) last posted its quarterly earnings data 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. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same quarter in the previous year, the firm earned $3.59 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were given a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 3.0%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 6,057 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel directly owned 28,207 shares in the company, valued at approximately $7,756,925. This represents a 4.51% 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. Insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ACN. Wolfe Research raised their price objective on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. HSBC lifted their price objective on Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Jefferies Financial Group raised their target price on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. Wells Fargo & Company increased their price objective on Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $291.69.

View Our Latest Research Report on 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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