Y Intercept Hong Kong Ltd Has $12.43 Million Holdings in Accenture PLC $ACN

Y Intercept Hong Kong Ltd lifted its stake in shares of Accenture PLC (NYSE:ACN) by 28.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,404 shares of the information technology services provider’s stock after buying an additional 11,109 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Accenture were worth $12,430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mn Services Vermogensbeheer B.V. increased its stake in Accenture by 1.8% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 238,266 shares of the information technology services provider’s stock valued at $58,756,000 after purchasing an additional 4,200 shares in the last quarter. Deseret Mutual Benefit Administrators grew its stake in shares of Accenture by 12.4% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 2,931 shares of the information technology services provider’s stock valued at $723,000 after buying an additional 323 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its position in Accenture by 13.8% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 467,376 shares of the information technology services provider’s stock valued at $115,255,000 after buying an additional 56,657 shares in the last quarter. Hunter Associates Investment Management LLC raised its stake in Accenture by 0.8% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 23,022 shares of the information technology services provider’s stock worth $5,680,000 after buying an additional 191 shares during the period. Finally, Westfuller Advisors LLC boosted its holdings in Accenture by 151.3% in the third quarter. Westfuller Advisors LLC now owns 1,686 shares of the information technology services provider’s stock worth $416,000 after acquiring an additional 1,015 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Insider Activity at Accenture

In related news, CEO Mauro Macchi sold 500 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $280.00, for a total transaction of $140,000.00. Following the completion of the transaction, the chief executive officer owned 7,123 shares in the company, valued at approximately $1,994,440. This represents a 6.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Joel Unruch sold 1,332 shares of Accenture stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the completion of the sale, the general counsel directly owned 28,207 shares in the company, valued at approximately $7,756,925. This represents a 4.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,674 shares of company stock valued at $5,661,414 over the last quarter. Corporate insiders own 0.02% of the company’s stock.

Accenture Trading Down 1.4%

Shares of ACN stock opened at $281.00 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market capitalization of $172.99 billion, a price-to-earnings ratio of 23.22, a PEG ratio of 2.75 and a beta of 1.25. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a 50-day simple moving average of $267.78 and a two-hundred day simple moving average of $258.67.

Accenture (NYSE:ACN) last announced its earnings results 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 firm had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ACN. Jefferies Financial Group upped their target price on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. BMO Capital Markets reiterated a “market perform” rating and set a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. Mizuho lowered their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Finally, Citigroup upgraded Accenture to a “hold” rating in a research note on Thursday, October 23rd. Sixteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $297.81.

Accenture 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.