Accenture PLC $ACN Shares Purchased by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ raised its holdings in Accenture PLC (NYSE:ACN) by 3.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 199,483 shares of the information technology services provider’s stock after purchasing an additional 6,732 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Accenture were worth $49,193,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Investors Research Corp boosted its stake in Accenture by 73.8% during the 3rd 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 last quarter. Harbor Capital Advisors Inc. lifted 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 last quarter. Davis Capital Management acquired a new position in Accenture in the third quarter worth about $28,000. Elevation Wealth Partners LLC increased its holdings in Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in Accenture during the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Up 0.2%

Shares of Accenture stock opened at $215.45 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. Accenture PLC has a 1-year low of $211.06 and a 1-year high of $382.77. The business’s fifty day moving average price is $261.67 and its two-hundred day moving average price is $253.35. The company has a market capitalization of $132.63 billion, a P/E ratio of 17.81, a PEG ratio of 2.07 and a beta of 1.24.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.21. The company 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 company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were given a dividend of $1.63 per share. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 3.0%. Accenture’s dividend payout ratio (DPR) is 53.88%.

Insiders Place Their Bets

In related news, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This trade represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Joel Unruch sold 1,026 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $281.70, for a total transaction of $289,024.20. Following the completion of the sale, the general counsel owned 27,181 shares in the company, valued at approximately $7,656,887.70. This trade represents a 3.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 22,088 shares of company stock valued at $5,970,434. 0.02% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. UBS Group lowered Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Guggenheim raised their price target on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Evercore reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. BMO Capital Markets reissued a “market perform” rating and issued a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. Finally, Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus price target of $298.38.

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.