Mitsubishi UFJ Trust & Banking Corp Grows Position in Accenture PLC $ACN

Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Accenture PLC (NYSE:ACN) by 13.8% during the 3rd quarter, Holdings Channel reports. The fund owned 467,376 shares of the information technology services provider’s stock after purchasing an additional 56,657 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Accenture were worth $115,255,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hunter Associates Investment Management LLC raised its stake in Accenture by 0.8% during the third quarter. Hunter Associates Investment Management LLC now owns 23,022 shares of the information technology services provider’s stock valued at $5,680,000 after purchasing an additional 191 shares in the last quarter. Westfuller Advisors LLC increased its holdings in shares of Accenture by 151.3% in the 3rd quarter. Westfuller Advisors LLC now owns 1,686 shares of the information technology services provider’s stock worth $416,000 after buying an additional 1,015 shares during the last quarter. TrueMark Investments LLC purchased a new stake in shares of Accenture during the 3rd quarter valued at about $6,127,000. Jmac Enterprises LLC lifted its holdings in shares of Accenture by 145.7% in the 3rd quarter. Jmac Enterprises LLC now owns 3,081 shares of the information technology services provider’s stock valued at $760,000 after acquiring an additional 1,827 shares during the last quarter. Finally, UNIVEST FINANCIAL Corp grew its position in Accenture by 21.6% in the third quarter. UNIVEST FINANCIAL Corp now owns 27,587 shares of the information technology services provider’s stock worth $6,803,000 after acquiring an additional 4,894 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Trading Down 1.4%

ACN opened at $281.00 on Friday. 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 stock’s fifty day moving average is $267.78 and its two-hundred day moving average is $258.67. The company has a market capitalization of $172.99 billion, a P/E ratio of 23.22, a PEG ratio of 2.75 and a beta of 1.25. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly 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 business had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. During the same quarter in the prior year, the company earned $3.59 EPS. The business’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. Analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.3%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Insider Buying and Selling at Accenture

In related news, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $1,994,440. The trade was a 6.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the sale, the general counsel directly owned 28,207 shares in the company, valued at $7,756,925. This trade represents a 4.51% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 21,674 shares of company stock valued at $5,661,414. 0.02% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on ACN. UBS Group downgraded Accenture from a “buy” rating to a “hold” rating in a research report on Thursday. HSBC increased their price target on Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Evercore ISI reiterated an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Guggenheim raised their target price on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $297.81.

Accenture 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.