Teacher Retirement System of Texas Has $54.51 Million Stake in Accenture PLC $ACN

Teacher Retirement System of Texas lowered its position in Accenture PLC (NYSE:ACN) by 6.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 221,026 shares of the information technology services provider’s stock after selling 14,976 shares during the quarter. Teacher Retirement System of Texas’ holdings in Accenture were worth $54,505,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Firethorn Wealth Partners LLC increased its position in Accenture by 4.4% during the second quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock worth $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. Capital Advisors Ltd. LLC lifted its holdings in Accenture by 3.5% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock valued at $363,000 after purchasing an additional 41 shares during the last quarter. Omnia Family Wealth LLC increased its holdings in shares of Accenture by 5.2% in the second quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock valued at $253,000 after purchasing an additional 42 shares during the last quarter. Finally, SkyView Investment Advisors LLC lifted its stake in shares of Accenture by 1.2% during the 2nd quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock worth $1,108,000 after buying an additional 43 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Jefferies Financial Group lifted their price target on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. lowered their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, September 26th. UBS Group cut shares of Accenture from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Argus decreased their price target on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. Sixteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $297.81.

Insiders Place Their Bets

In other news, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $253.40, for a total transaction of $2,280,600.00. Following the completion of the transaction, the chief executive officer owned 14,516 shares of the company’s stock, valued at approximately $3,678,354.40. The trade was a 38.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $280.00, for a total value of $140,000.00. Following the completion of the transaction, the chief executive officer owned 7,123 shares in the company, valued at approximately $1,994,440. This represents a 6.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 21,674 shares of company stock worth $5,661,414. 0.02% of the stock is currently owned by company insiders.

Accenture Stock Performance

NYSE:ACN opened at $285.40 on Friday. 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 PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a market cap of $175.70 billion, a price-to-earnings ratio of 23.59, a PEG ratio of 2.70 and a beta of 1.25. The stock has a fifty day moving average price of $267.07 and a 200-day moving average price of $258.81.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. Accenture’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid 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 2.3%. Accenture’s dividend payout ratio is presently 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.