Crawford Investment Counsel Inc. Has $94.92 Million Stock Holdings in Accenture PLC $ACN

Crawford Investment Counsel Inc. lifted its position in shares of Accenture PLC (NYSE:ACNFree Report) by 18.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 384,916 shares of the information technology services provider’s stock after purchasing an additional 59,653 shares during the quarter. Accenture accounts for 1.6% of Crawford Investment Counsel Inc.’s portfolio, making the stock its 21st largest position. Crawford Investment Counsel Inc. owned approximately 0.06% of Accenture worth $94,920,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

ACN has been the topic of several research analyst reports. Rothschild & Co Redburn raised their target price on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Citigroup dropped their price objective on shares of Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Susquehanna boosted their price objective on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Accenture in a research note on Thursday, March 5th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $288.35.

Check Out Our Latest Stock Analysis on ACN

Insider Buying and Selling

In related news, CAO Melissa A. Burgum sold 3,588 shares of Accenture stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $281.01, for a total value of $1,008,263.88. Following the sale, the chief accounting officer owned 8,179 shares of the company’s stock, valued at approximately $2,298,380.79. The trade was a 30.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction dated Tuesday, January 27th. The stock was 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 in the company, valued at $7,523,339.98. The trade was a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,088 shares of company stock worth $5,970,434 over the last three months. Company insiders own 0.02% of the company’s stock.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

Accenture Price Performance

Shares of 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 twelve month low of $188.73 and a twelve month high of $326.73. The stock has a market capitalization of $120.91 billion, a P/E ratio of 16.23, a P/E/G ratio of 1.87 and a beta of 1.27. The company has a 50 day moving average of $241.97 and a 200-day moving average of $248.73.

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

Accenture Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio is currently 53.88%.

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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