Security National Bank Has $112,000 Position in Accenture PLC $ACN

Security National Bank cut its position in shares of Accenture PLC (NYSE:ACN) by 97.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 456 shares of the information technology services provider’s stock after selling 15,168 shares during the period. Security National Bank’s holdings in Accenture were worth $112,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sanders Capital LLC bought a new position in shares of Accenture in the second quarter valued at about $2,637,640,000. Norges Bank acquired a new stake in Accenture during the second quarter worth approximately $2,216,850,000. Vanguard Group Inc. boosted its holdings in shares of Accenture by 2.1% during the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after acquiring an additional 1,315,548 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new position in shares of Accenture in the second quarter valued at approximately $308,000. Finally, Flossbach Von Storch SE increased its stake in shares of Accenture by 48.0% during the second quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock worth $719,966,000 after purchasing an additional 781,211 shares during the period. Institutional investors own 75.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Evercore ISI restated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Finally, HSBC increased their target price on shares of Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $296.83.

Insider Activity at Accenture

In other Accenture news, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the sale, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This represents a 78.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the transaction, the chief executive officer directly owned 23,516 shares in the company, valued at $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,319 shares of company stock worth $8,335,225 over the last quarter. Company insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN stock opened at $269.94 on Wednesday. The company’s 50-day moving average price is $256.83 and its two-hundred day moving average price is $261.05. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The firm has a market cap of $166.18 billion, a P/E ratio of 22.31, a P/E/G ratio of 2.62 and a beta of 1.26.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate 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 quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the company earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be paid 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 of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) 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.