Accenture PLC $ACN Stock Holdings Lowered by Swiss National Bank

Swiss National Bank trimmed its holdings in shares of Accenture PLC (NYSE:ACN) by 5.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,795,500 shares of the information technology services provider’s stock after selling 99,500 shares during the period. Swiss National Bank owned about 0.27% of Accenture worth $442,770,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Running Oak Capital LLC lifted its position in Accenture by 14.3% in the 3rd quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock worth $14,190,000 after buying an additional 7,190 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of Accenture during the 2nd quarter valued at $2,658,000. Weitz Investment Management Inc. increased its stake in shares of Accenture by 28.8% in the third quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock worth $39,592,000 after acquiring an additional 35,900 shares during the last quarter. Norges Bank purchased a new stake in shares of Accenture during the second quarter worth $2,216,850,000. Finally, D.A. Davidson & CO. boosted its position in Accenture by 17.4% during the third quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock valued at $63,771,000 after purchasing an additional 38,325 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Up 1.5%

Shares of Accenture stock opened at $217.12 on Monday. Accenture PLC has a 12-month low of $188.73 and a 12-month high of $342.89. 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 $248.64 and a two-hundred day moving average price of $250.63. The stock has a market capitalization of $133.66 billion, a P/E ratio of 17.94, a PEG ratio of 2.07 and a beta of 1.27.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. Accenture’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned $3.59 earnings per share. 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 Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ACN. Piper Sandler set a $282.00 target price on Accenture in a research note on Thursday. Rothschild & Co Redburn increased their price objective on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Jefferies Financial Group raised their price objective 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. Evercore reissued an “outperform” rating and issued a $300.00 target price on shares of Accenture in a research report on Thursday, December 18th. Finally, Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $291.69.

Insider Buying and Selling at Accenture

In other news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the transaction, the chief executive officer directly owned 27,221 shares in the company, valued at $7,523,339.98. The trade was a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 6,057 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the completion of the sale, the chief executive officer owned 15,255 shares in the company, valued at approximately $3,679,963.65. The trade was a 28.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 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.