RWWM Inc. Invests $1.09 Million in Accenture PLC $ACN

RWWM Inc. purchased a new position in Accenture PLC (NYSE:ACN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,422 shares of the information technology services provider’s stock, valued at approximately $1,090,000. Accenture makes up about 0.1% of RWWM Inc.’s holdings, making the stock its 22nd largest position.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in 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 buying an additional 1,315,548 shares in the last quarter. State Street Corp increased its stake in shares of Accenture by 1.2% in the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock worth $8,373,925,000 after acquiring an additional 326,979 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Accenture by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock worth $4,182,331,000 after acquiring an additional 147,931 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Accenture by 12.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after acquiring an additional 1,148,970 shares during the last quarter. Finally, Sanders Capital LLC purchased a new stake in shares of Accenture in the second quarter valued at about $2,637,640,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling

In other news, CAO Melissa A. Burgum sold 3,588 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the transaction, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at approximately $2,298,380.79. The trade was a 30.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 1,694 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $288.30, for a total transaction of $488,380.20. Following the transaction, the chief executive officer owned 37,346 shares of the company’s stock, valued at $10,766,851.80. This trade represents a 4.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 21,934 shares of company stock worth $5,965,166 over the last ninety days. Company insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN stock opened at $263.58 on Friday. The business’s fifty day moving average price is $270.51 and its 200 day moving average price is $258.00. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $162.26 billion, a PE ratio of 21.78, a P/E/G ratio of 2.52 and a beta of 1.25.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.73 by $0.21. The company 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%.Accenture’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued 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 2.5%. Accenture’s dividend payout ratio is 53.88%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ACN shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 target price on shares of Accenture in a report on Thursday, December 18th. Wolfe Research upped their price objective on Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. Citigroup raised Accenture to a “hold” rating in a research note on Thursday, October 23rd. Jefferies Financial Group upped their price target on Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, January 8th. Finally, HSBC raised their price objective on Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

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.