Seilern Investment Management Ltd boosted its holdings in Accenture PLC (NYSE:ACN – Free Report) by 13.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 226,360 shares of the information technology services provider’s stock after purchasing an additional 27,338 shares during the quarter. Accenture makes up approximately 4.7% of Seilern Investment Management Ltd’s holdings, making the stock its 14th largest position. Seilern Investment Management Ltd’s holdings in Accenture were worth $60,732,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Running Oak Capital LLC lifted its stake in Accenture by 14.3% during the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock worth $14,190,000 after purchasing an additional 7,190 shares during the last quarter. Global Retirement Partners LLC purchased a new position in Accenture in the second quarter valued at approximately $2,658,000. Weitz Investment Management Inc. raised its holdings in Accenture by 28.8% during the third quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock worth $39,592,000 after purchasing an additional 35,900 shares in the last quarter. Norges Bank purchased a new stake in shares of Accenture during the 2nd quarter worth approximately $2,216,850,000. Finally, D.A. Davidson & CO. lifted its position in shares of Accenture by 17.4% during the 3rd quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after buying an additional 38,325 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.
Accenture Stock Down 0.0%
ACN opened at $199.95 on Tuesday. Accenture PLC has a 52 week low of $187.00 and a 52 week high of $325.71. The business has a 50 day moving average price of $232.76 and a two-hundred day moving average price of $246.26. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.16. The company has a market cap of $123.09 billion, a PE ratio of 16.38, a P/E/G ratio of 1.90 and a beta of 1.27.
Accenture Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, April 9th. Accenture’s payout ratio is currently 53.40%.
Key Stories Impacting Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: HSBC upgraded Accenture, which can help investor sentiment and support the stock. Article Title
- Positive Sentiment: Accenture announced an investment in DaVinci Commerce to advance agentic AI-powered shopping — a strategic move that reinforces Accenture’s push into AI-driven commerce and could boost long‑term revenue opportunities in digital/AI services. Article Title
- Positive Sentiment: An unspecified analyst/firm raised a price target to $247, providing some upward support amid other cuts. Article Title
- Neutral Sentiment: Mizuho cut its price target from $309 to $280 but maintained an “outperform” rating — a mixed signal: the lower target trims upside expectations, but the continued outperform rating is supportive. Article Title
- Negative Sentiment: Guggenheim reduced its price target to $250, which contributes to downward pressure on the stock. Article Title
- Negative Sentiment: RBC trimmed its price target to $253, another analyst cut weighing on sentiment. Article Title
- Negative Sentiment: BMO Capital Markets lowered its price target to $230, adding further downward pressure. Article Title
- Negative Sentiment: Robert W. Baird cut its price target to $265, another incremental hit to analyst consensus targets. Article Title
Wall Street Analyst Weigh In
A number of research analysts recently commented on ACN shares. Wolfe Research increased their target price on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Robert W. Baird decreased their price objective on shares of Accenture from $330.00 to $265.00 and set an “outperform” rating for the company in a research note on Friday. Susquehanna raised their price objective on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Truist Financial reduced their target price on Accenture from $317.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. Finally, JPMorgan Chase & Co. upped their target price on Accenture from $243.00 to $247.00 and gave the company an “overweight” rating in a research report on Friday. Eighteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average price target of $274.88.
Read Our Latest Report on Accenture
Insider Activity at Accenture
In related news, CEO Julie Spellman Sweet sold 6,057 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the completion of the transaction, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at $3,679,963.65. This represents a 28.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the sale, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. The trade was a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 22,088 shares of company stock worth $5,970,434 in the last 90 days. Corporate insiders own 0.02% of the company’s stock.
About Accenture
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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