Blair William & Co. IL Sells 139,951 Shares of Accenture PLC $ACN

Blair William & Co. IL decreased its holdings in Accenture PLC (NYSE:ACNFree Report) by 23.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 447,619 shares of the information technology services provider’s stock after selling 139,951 shares during the period. Blair William & Co. IL’s holdings in Accenture were worth $110,383,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC grew its position in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after buying an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of Accenture by 46.9% during the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after acquiring an additional 660 shares during the last quarter. United Bank lifted its stake in shares of Accenture by 49.8% in the second quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock worth $1,088,000 after acquiring an additional 1,209 shares during the period. Ethos Financial Group LLC boosted its holdings in Accenture by 6.2% in the second quarter. Ethos Financial Group LLC now owns 1,561 shares of the information technology services provider’s stock valued at $467,000 after acquiring an additional 91 shares during the last quarter. Finally, Raelipskie Partnership increased its position in Accenture by 3.1% during the 2nd quarter. Raelipskie Partnership now owns 4,303 shares of the information technology services provider’s stock valued at $1,286,000 after purchasing an additional 130 shares during the period. 75.14% of the stock is owned by institutional investors.

More Accenture News

Here are the key news stories impacting Accenture this week:

Insider Buying and Selling

In related news, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. The trade was a 12.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Melissa A. Burgum sold 3,588 shares of the company’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 value of $1,008,263.88. Following the transaction, the chief accounting officer directly owned 8,179 shares in the company, valued at approximately $2,298,380.79. This trade represents a 30.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,088 shares of company stock worth $5,970,434 over the last 90 days. 0.02% of the stock is owned by company insiders.

Accenture Stock Performance

Shares of ACN stock opened at $217.12 on Friday. The firm has a 50 day moving average of $248.64 and a 200-day moving average of $250.70. The company has a market cap of $133.66 billion, a price-to-earnings ratio of 17.94, a price-to-earnings-growth ratio of 2.06 and a beta of 1.27. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $342.89.

Accenture (NYSE:ACNGet Free Report) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The company had revenue of $18.74 billion for 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 quarter in the previous year, the company earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, January 13th. Accenture’s dividend payout ratio is 53.88%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ACN. Argus dropped their price target on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Evercore reiterated an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. HSBC boosted their target price on shares of Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Jefferies Financial Group upped their price target on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, January 8th. Finally, TD Cowen reiterated a “buy” rating on shares of Accenture in a report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $291.69.

Read Our Latest Analysis on ACN

Accenture Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Accenture PLC (NYSE:ACNFree Report).

Institutional Ownership by Quarter for Accenture (NYSE:ACN)

Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.