Lansforsakringar Fondforvaltning AB publ Has $49.19 Million Stake in Accenture PLC $ACN

Lansforsakringar Fondforvaltning AB publ raised its position in shares of Accenture PLC (NYSE:ACN) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 199,483 shares of the information technology services provider’s stock after purchasing an additional 6,732 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Accenture were worth $49,193,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ACN. SkyView Investment Advisors LLC raised its position in Accenture by 1.2% during the second quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock valued at $1,108,000 after buying an additional 43 shares during the period. Alpha Cubed Investments LLC grew its stake in Accenture by 6.4% during the 2nd quarter. Alpha Cubed Investments LLC now owns 744 shares of the information technology services provider’s stock valued at $222,000 after acquiring an additional 45 shares in the last quarter. Councilmark Asset Management LLC grew its stake in Accenture by 0.5% during the 2nd quarter. Councilmark Asset Management LLC now owns 9,344 shares of the information technology services provider’s stock valued at $2,793,000 after acquiring an additional 45 shares in the last quarter. Investors Research Corp increased its holdings in shares of Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares during the period. Finally, WP Advisors LLC lifted its position in shares of Accenture by 1.0% in the second quarter. WP Advisors LLC now owns 4,719 shares of the information technology services provider’s stock worth $1,410,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Transactions at Accenture

In related news, CAO Melissa A. Burgum sold 3,588 shares of the business’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the transaction, the chief accounting officer 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 legal filing with the SEC, which is available through this hyperlink. Also, COO Catherine Kiernan Hogan sold 660 shares of the business’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $280.93, for a total value of $185,413.80. Following the transaction, the chief operating officer owned 12,688 shares in the company, valued at $3,564,439.84. This represents a 4.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 22,088 shares of company stock worth $5,970,434. Insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ACN. Truist Financial began coverage on shares of Accenture in a research report on Tuesday, January 6th. They set a “buy” rating and a $317.00 price objective on the stock. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Wolfe Research upped their target price on Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, December 11th. Argus cut their price target on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research note on Monday, December 29th. Finally, Guggenheim boosted their price target on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average target price of $298.38.

Accenture Stock Up 0.2%

Shares of Accenture stock opened at $215.45 on Friday. Accenture PLC has a 12-month low of $211.06 and a 12-month high of $382.77. 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 has a 50 day moving average price of $261.67 and a two-hundred day moving average price of $253.35. The stock has a market capitalization of $132.63 billion, a P/E ratio of 17.81, a PEG ratio of 2.07 and a beta of 1.24.

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

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were paid a dividend of $1.63 per share. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 3.0%. Accenture’s dividend payout ratio is presently 53.88%.

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.