Dnca Finance boosted its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 40.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,045 shares of the information technology services provider’s stock after acquiring an additional 4,595 shares during the quarter. Dnca Finance’s holdings in Accenture were worth $3,957,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Siemens Fonds Invest GmbH boosted its holdings in shares of Accenture by 4.2% in the 3rd quarter. Siemens Fonds Invest GmbH now owns 32,079 shares of the information technology services provider’s stock worth $7,911,000 after acquiring an additional 1,300 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in Accenture during the 3rd quarter valued at $823,000. NorthRock Partners LLC raised its position in Accenture by 18.1% in the 3rd quarter. NorthRock Partners LLC now owns 4,931 shares of the information technology services provider’s stock valued at $1,216,000 after purchasing an additional 755 shares during the last quarter. Sanders Capital LLC boosted its stake in Accenture by 9.0% in the third quarter. Sanders Capital LLC now owns 9,615,366 shares of the information technology services provider’s stock worth $2,371,149,000 after purchasing an additional 790,580 shares in the last quarter. Finally, United Financial Planning Group LLC bought a new stake in shares of Accenture during the third quarter worth $41,000. Institutional investors and hedge funds own 75.14% of the company’s stock.
Accenture Stock Up 0.2%
NYSE:ACN opened at $196.41 on Friday. 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 12-month low of $188.73 and a 12-month high of $326.73. The stock’s fifty day simple moving average is $241.97 and its 200-day simple moving average is $248.78. The firm has a market capitalization of $120.91 billion, a P/E ratio of 16.23, a P/E/G ratio of 1.86 and a beta of 1.27.
Accenture Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were issued a $1.63 dividend. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 3.3%. Accenture’s dividend payout ratio (DPR) is 53.88%.
Insider Activity at Accenture
In other 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 value of $1,008,263.88. Following the completion of the transaction, the chief accounting officer owned 8,179 shares of the company’s stock, valued at $2,298,380.79. The trade was a 30.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the sale, the general counsel directly owned 28,207 shares in the company, valued at $7,756,925. The trade was a 4.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 22,088 shares of company stock valued at $5,970,434. 0.02% of the stock is owned by corporate insiders.
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Udacity (part of Accenture) launched an accredited MBA program aimed at training AI product leaders — a revenue/brand-positive move that strengthens Accenture’s talent pipeline and positioning in AI services. Udacity, Part of Accenture, Launches Accredited MBA to Train the Next Generation of AI Product Leaders
- Positive Sentiment: Investor research argues Accenture is well-placed to benefit from AI implementation contracts, highlighting upside from rising enterprise AI spend — a bullish narrative for medium-term revenue growth. Accenture (ACN) is Poised to Benefit from AI Implementation Contracts
- Positive Sentiment: Accenture expanded its Google Cloud partnership to help clients strengthen cloud security — a direct revenue-opportunity in managed security and cloud transformation services. Accenture Helps Organizations Strengthen Cloud Security with Google Cloud
- Positive Sentiment: A Seeking Alpha piece argues Accenture may be undervalued after prior overvaluation, presenting a valuation-based bullish case for long-term investors. Accenture: Undervalued After Years Of Overvaluation
- Neutral Sentiment: Zacks previews Accenture’s upcoming earnings and suggests the company may not have the setup for an earnings beat, signaling investor caution into the report. Accenture (ACN) Earnings Expected to Grow: Should You Buy?
- Neutral Sentiment: Reminder: Accenture is projected to post quarterly earnings this week, a scheduled catalyst that could swing the stock depending on guidance and margins. Accenture (ACN) Projected to Post Earnings on Thursday
- Negative Sentiment: Truist cut its price target on ACN to $260 (from $317) and warned of pressure on long-term estimates after its enterprise-AI checks — the downgrade dampens sentiment despite a maintained Buy rating. Truist Financial Cuts Accenture (NYSE:ACN) Price Target to $260.00 Truist Lowers Accenture (ACN) Target to $260, Warns of Pressure on Long-Term Estimates
- Negative Sentiment: Guggenheim lowered its price target on Accenture to $275, adding to analyst-driven downward pressure on the stock in the run-up to earnings. Guggenheim Lowers Accenture (NYSE:ACN) Price Target to $275.00
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Wells Fargo & Company lifted their price target on Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th. Argus decreased their price objective on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Royal Bank Of Canada set a $300.00 target price on shares of Accenture in a research note on Thursday, December 18th. Rothschild & Co Redburn upped their target price on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Finally, Jefferies Financial Group raised their price target on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, January 8th. 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.com, the company has an average rating of “Moderate Buy” and a consensus price target of $288.35.
Get Our Latest Research Report on ACN
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.
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