Nordea Investment Management AB Decreases Position in Accenture PLC $ACN

Nordea Investment Management AB decreased its position in Accenture PLC (NYSE:ACN) by 3.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 488,263 shares of the information technology services provider’s stock after selling 16,765 shares during the period. Nordea Investment Management AB owned about 0.07% of Accenture worth $121,949,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Firethorn Wealth Partners LLC lifted its position in shares of Accenture by 4.4% during the 2nd quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock valued at $255,000 after buying an additional 36 shares during the last quarter. Wealthcare Advisory Partners LLC raised its stake in Accenture by 0.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock valued at $1,465,000 after acquiring an additional 38 shares during the period. Piscataqua Savings Bank lifted its holdings in Accenture by 5.3% during the second quarter. Piscataqua Savings Bank now owns 796 shares of the information technology services provider’s stock valued at $238,000 after purchasing an additional 40 shares during the last quarter. Capital Advisors Ltd. LLC boosted its position in Accenture by 3.5% during the second quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock worth $363,000 after purchasing an additional 41 shares during the period. Finally, Silver Oak Securities Incorporated increased its stake in shares of Accenture by 5.2% in the second quarter. Silver Oak Securities Incorporated now owns 857 shares of the information technology services provider’s stock worth $256,000 after purchasing an additional 42 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ACN shares. Guggenheim upped their price target on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. BNP Paribas Exane cut their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. The Goldman Sachs Group reiterated a “buy” rating and set a $330.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Rothschild & Co Redburn increased their price objective on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Finally, Mizuho reduced their target price on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a report on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and a consensus target price of $295.84.

Accenture Trading Down 1.5%

Shares of ACN stock opened at $276.61 on Wednesday. The company has a market capitalization of $170.28 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The business’s fifty day moving average is $261.63 and its 200 day moving average is $259.10. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the company earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.4%. Accenture’s payout ratio is presently 53.88%.

Insiders Place Their Bets

In related news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction on 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 approximately $5,868,888.12. The trade was a 27.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the sale, the insider owned 1,860 shares in the company, valued at $465,018.60. The trade was a 78.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 35,151 shares of company stock worth $8,841,525. 0.02% of the stock is owned by corporate insiders.

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.