Hendershot Investments Inc. Buys 6,722 Shares of Accenture PLC $ACN

Hendershot Investments Inc. boosted its stake in Accenture PLC (NYSE:ACN) by 22.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 37,124 shares of the information technology services provider’s stock after buying an additional 6,722 shares during the quarter. Accenture makes up 1.2% of Hendershot Investments Inc.’s investment portfolio, making the stock its 29th largest holding. Hendershot Investments Inc.’s holdings in Accenture were worth $9,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ACN. Vanguard Group Inc. boosted its stake in Accenture by 2.1% in 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 acquiring an additional 1,315,548 shares during the last quarter. State Street Corp lifted its holdings 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 worth $8,373,925,000 after purchasing an additional 326,979 shares in the last quarter. Geode Capital Management LLC boosted its holdings in 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 grew 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 purchasing an additional 1,148,970 shares in the last quarter. Finally, Sanders Capital LLC purchased a new stake in shares of Accenture in the second quarter worth $2,637,640,000. Institutional investors own 75.14% of the company’s stock.

Insider Activity

In related news, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief accounting officer directly owned 8,179 shares in the company, valued at $2,298,380.79. This trade represents a 30.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the sale, the insider owned 7,057 shares of the company’s stock, valued at $2,033,333.41. The trade was a 27.90% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 22,088 shares of company stock valued at $5,970,434. Company insiders own 0.02% of the company’s stock.

Accenture Stock Up 0.5%

Shares of ACN opened at $208.35 on Friday. Accenture PLC has a 1 year low of $188.73 and a 1 year high of $359.14. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a 50 day simple moving average of $254.50 and a two-hundred day simple moving average of $251.95. The firm has a market cap of $128.26 billion, a P/E ratio of 17.22, a P/E/G ratio of 2.01 and a beta of 1.24.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. During the same period last year, the firm posted $3.59 earnings per share. 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. On average, analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 3.1%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.

Analyst Ratings Changes

Several equities analysts recently commented on ACN shares. Berenberg Bank started coverage on Accenture in a research report on Thursday, January 22nd. They set a “buy” rating and a $313.00 target price for the company. Argus cut their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a report on Monday, December 29th. Rothschild & Co Redburn raised their target price on shares of Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Guggenheim lifted their target price on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Finally, Susquehanna increased their price target on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average target price of $296.42.

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.