Quadrature Capital Ltd Acquires New Stake in Accenture PLC $ACN

Quadrature Capital Ltd acquired a new position in shares of Accenture PLC (NYSE:ACNFree Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 497,152 shares of the information technology services provider’s stock, valued at approximately $122,623,000. Accenture comprises about 1.4% of Quadrature Capital Ltd’s holdings, making the stock its 17th biggest position. Quadrature Capital Ltd owned 0.08% of Accenture as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in ACN. Investors Research Corp raised its holdings in Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Davis Capital Management acquired a new position in Accenture during the 3rd quarter worth approximately $28,000. Elevation Wealth Partners LLC increased its position in Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares during the period. Finally, Heartwood Wealth Advisors LLC purchased a new position in shares of Accenture during the 3rd quarter worth approximately $32,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Shares of ACN stock opened at $195.93 on Friday. The stock has a fifty day moving average price of $243.23 and a 200 day moving average price of $249.20. 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 stock has a market cap of $120.61 billion, a PE ratio of 16.19, a P/E/G ratio of 1.91 and a beta of 1.27. Accenture PLC has a 1 year low of $188.73 and a 1 year high of $326.73.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating 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 return on equity of 26.65% and a net margin of 10.76%.The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The firm also recently announced 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. This represents a $6.52 annualized dividend and a yield of 3.3%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is 53.88%.

Insider Activity at Accenture

In other Accenture news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the sale, the chief executive officer owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were 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 owned 28,207 shares in the company, valued at $7,756,925. This represents a 4.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,088 shares of company stock valued at $5,970,434 in the last quarter. 0.02% of the stock is owned by corporate insiders.

Key Headlines Impacting Accenture

Here are the key news stories impacting Accenture this week:

Analyst Ratings Changes

A number of analysts recently weighed in on the company. TD Cowen restated a “buy” rating on shares of Accenture in a research note on Thursday, March 5th. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 price objective on shares of Accenture in a research report on Thursday, December 18th. UBS Group lowered shares of Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Wolfe Research upped their price target on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, December 11th. Finally, Guggenheim reduced their price objective on shares of Accenture from $305.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $288.35.

Check Out Our Latest Research Report on Accenture

Accenture Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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