Fiera Capital Corp Has $5.67 Million Holdings in Accenture PLC $ACN

Fiera Capital Corp decreased its position in Accenture PLC (NYSE:ACN) by 62.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 22,978 shares of the information technology services provider’s stock after selling 38,745 shares during the period. Fiera Capital Corp’s holdings in Accenture were worth $5,666,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised 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 valued at $19,466,641,000 after buying an additional 1,315,548 shares during the period. State Street Corp grew its stake in Accenture by 1.2% during the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock valued at $8,373,925,000 after acquiring an additional 326,979 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Accenture by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Accenture by 12.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after purchasing an additional 1,148,970 shares in the last quarter. Finally, Sanders Capital LLC purchased a new position in Accenture during the second quarter valued at approximately $2,637,640,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wolfe Research increased their target price on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, December 11th. TD Cowen upped their price target on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Guggenheim lifted their price objective on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Finally, Evercore reaffirmed an “outperform” rating and set a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $298.38.

Accenture Price Performance

NYSE ACN opened at $215.45 on Friday. Accenture PLC has a fifty-two week low of $211.06 and a fifty-two week high of $382.77. The stock’s 50-day moving average is $261.67 and its two-hundred day moving average is $253.35. The firm has a market cap of $132.63 billion, a P/E ratio of 17.81, a price-to-earnings-growth ratio of 2.07 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating 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 analyst estimates of $18.51 billion. During the same quarter in the prior year, the firm posted $3.59 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. 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 disclosed a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, January 13th. Accenture’s dividend payout ratio is currently 53.88%.

Insiders Place Their Bets

In other news, insider Manish Sharma sold 2,731 shares of Accenture stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total value of $786,883.03. Following the transaction, the insider directly owned 7,057 shares in the company, valued at approximately $2,033,333.41. The trade was a 27.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Julie Spellman Sweet sold 6,057 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the sale, the chief executive officer owned 15,255 shares of the company’s stock, valued at approximately $3,679,963.65. The trade was a 28.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 22,088 shares of company stock worth $5,970,434 in the last ninety days. 0.02% of the stock is owned by 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.