Park National Corp OH Purchases 5,388 Shares of Accenture PLC $ACN

Park National Corp OH lifted its position in Accenture PLC (NYSE:ACN) by 4.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 129,667 shares of the information technology services provider’s stock after purchasing an additional 5,388 shares during the quarter. Accenture comprises about 1.3% of Park National Corp OH’s investment portfolio, making the stock its 20th biggest position. Park National Corp OH’s holdings in Accenture were worth $38,756,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Accenture by 5.7% in the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after purchasing an additional 3,419,577 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Accenture by 63.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after acquiring an additional 3,490,569 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Accenture by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 6,766,369 shares of the information technology services provider’s stock worth $2,111,378,000 after acquiring an additional 228,939 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Accenture by 2.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,163,393 shares of the information technology services provider’s stock worth $1,923,225,000 after acquiring an additional 126,548 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Accenture by 9.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,036,845 shares of the information technology services provider’s stock worth $2,123,702,000 after acquiring an additional 545,109 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ACN shares. JPMorgan Chase & Co. dropped their price target on Accenture from $334.00 to $302.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. BMO Capital Markets dropped their target price on Accenture from $355.00 to $325.00 and set a “market perform” rating for the company in a research report on Monday, June 23rd. Argus set a $370.00 target price on Accenture in a research report on Tuesday, June 24th. Hsbc Global Res upgraded Accenture to a “moderate sell” rating in a research report on Monday, July 28th. Finally, TD Cowen dropped their target price on Accenture from $342.00 to $313.00 and set a “buy” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and an average price target of $346.92.

Accenture Stock Down 2.3%

Shares of NYSE ACN opened at $238.55 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market capitalization of $149.41 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 2.10 and a beta of 1.29. The stock has a 50 day moving average price of $263.21 and a 200 day moving average price of $293.64. Accenture PLC has a 52-week low of $236.67 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Friday, June 20th. The information technology services provider reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.17. The firm had revenue of $17.73 billion during the quarter, compared to analyst estimates of $17.26 billion. Accenture had a return on equity of 26.55% and a net margin of 11.61%.Accenture’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.13 earnings per share. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. Sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 2,251 shares of the company’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the sale, the chief executive officer owned 8,109 shares in the company, valued at $2,290,387.05. This represents a 21.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mauro Macchi sold 500 shares of the company’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total value of $141,170.00. Following the sale, the chief executive officer owned 2,283 shares of the company’s stock, valued at approximately $644,582.22. This represents a 17.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 over the last 90 days. Company insiders own 0.02% of the company’s stock.

Accenture Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.