Euro Pacific Asset Management LLC Grows Stake in Accenture PLC $ACN

Euro Pacific Asset Management LLC lifted its stake in Accenture PLC (NYSE:ACN) by 84.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 66,321 shares of the information technology services provider’s stock after acquiring an additional 30,363 shares during the quarter. Accenture comprises approximately 1.3% of Euro Pacific Asset Management LLC’s portfolio, making the stock its 27th largest position. Euro Pacific Asset Management LLC’s holdings in Accenture were worth $13,151,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Jaffetilchin Investment Partners LLC lifted its position in Accenture by 4.2% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 878 shares of the information technology services provider’s stock worth $236,000 after acquiring an additional 35 shares in the last quarter. Clayton Financial Group LLC grew its position in Accenture by 13.1% in the fourth quarter. Clayton Financial Group LLC now owns 329 shares of the information technology services provider’s stock valued at $88,000 after acquiring an additional 38 shares in the last quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. raised its stake in shares of Accenture by 0.9% during the third quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 4,416 shares of the information technology services provider’s stock valued at $1,089,000 after purchasing an additional 41 shares during the period. Peak Asset Management LLC raised its stake in shares of Accenture by 0.8% during the fourth quarter. Peak Asset Management LLC now owns 5,447 shares of the information technology services provider’s stock valued at $1,461,000 after purchasing an additional 43 shares during the period. Finally, SkyView Investment Advisors LLC lifted its position in shares of Accenture by 1.2% during the second quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock worth $1,108,000 after purchasing an additional 43 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

ACN opened at $143.56 on Friday. The company has a market capitalization of $95.87 billion, a P/E ratio of 11.47, a PEG ratio of 1.50 and a beta of 1.13. The company has a 50-day moving average of $156.38 and a 200-day moving average of $199.36. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a 1-year low of $118.15 and a 1-year high of $291.09.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The business had revenue of $18.72 billion during the quarter, compared to the consensus estimate of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period last year, the firm earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities analysts expect that Accenture PLC will post 13.85 EPS for the current fiscal year.

Accenture announced that its board has authorized a stock repurchase plan on Tuesday, June 23rd that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the information technology services provider to reacquire up to 2.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be given a $1.63 dividend. The ex-dividend date is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 4.5%. Accenture’s dividend payout ratio (DPR) is presently 52.08%.

Insider Buying and Selling at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the sale, the chief executive officer directly owned 12,802 shares in the company, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

ACN has been the subject of several recent analyst reports. Wells Fargo & Company restated an “overweight” rating and set a $200.00 target price on shares of Accenture in a research note on Monday, June 22nd. Stifel Nicolaus cut their price target on Accenture from $315.00 to $270.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Wolfe Research restated an “outperform” rating and set a $200.00 price objective on shares of Accenture in a research note on Tuesday, June 16th. JPMorgan Chase & Co. dropped their price objective on Accenture from $247.00 to $201.00 and set an “overweight” rating on the stock in a report on Monday, June 8th. Finally, William Blair lowered Accenture from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 18th. Twelve equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $193.19.

Accenture Company 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.