Capital Group Private Client Services Inc. Has $8.61 Million Stock Holdings in Accenture PLC $ACN

Capital Group Private Client Services Inc. lowered its position in shares of Accenture PLC (NYSE:ACN) by 82.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,919 shares of the information technology services provider’s stock after selling 165,419 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Accenture were worth $8,611,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SkyView Investment Advisors LLC lifted its position in shares of Accenture by 1.2% in the second quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock worth $1,108,000 after purchasing an additional 43 shares in the last quarter. Alpha Cubed Investments LLC grew its position in Accenture by 6.4% in the second quarter. Alpha Cubed Investments LLC now owns 744 shares of the information technology services provider’s stock valued at $222,000 after purchasing an additional 45 shares in the last quarter. Councilmark Asset Management LLC increased its stake in Accenture by 0.5% in 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 buying an additional 45 shares during the last quarter. Investors Research Corp lifted its position in Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after buying an additional 45 shares in the last quarter. Finally, WP Advisors LLC boosted its stake in shares of Accenture by 1.0% during the 2nd quarter. WP Advisors LLC now owns 4,719 shares of the information technology services provider’s stock worth $1,410,000 after buying an additional 46 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Trading Down 2.7%

Accenture stock opened at $209.18 on Tuesday. The stock has a 50-day simple moving average of $247.40 and a 200 day simple moving average of $250.32. The stock has a market capitalization of $128.77 billion, a P/E ratio of 17.29, a PEG ratio of 2.07 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $339.90.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm 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 company earned $3.59 earnings per share. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

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

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Wolfe Research lifted their target price on Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. The Goldman Sachs Group reissued a “buy” rating and set a $330.00 price target on shares of Accenture in a research report on Thursday, December 18th. Royal Bank Of Canada set a $300.00 price target on Accenture in a research report on Thursday, December 18th. Truist Financial assumed coverage on Accenture in a research note on Tuesday, January 6th. They set a “buy” rating and a $317.00 price objective on the stock. Finally, Guggenheim raised their target price on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $291.69.

Insider Buying and Selling at Accenture

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of Accenture stock in a transaction on Monday, January 26th. The shares were sold at an average price of $280.93, for a total transaction of $185,413.80. Following the completion of the transaction, the chief operating officer directly owned 12,688 shares of the company’s stock, valued at $3,564,439.84. The trade was a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Joel Unruch sold 1,026 shares of the stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $281.70, for a total transaction of $289,024.20. Following the completion of the transaction, the general counsel directly owned 27,181 shares in the company, valued at $7,656,887.70. The trade was a 3.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 22,088 shares of company stock worth $5,970,434. 0.02% of the stock is currently owned by corporate insiders.

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.