392,800 Shares in Accenture PLC $ACN Bought by Danske Bank A S

Danske Bank A S bought a new position in Accenture PLC (NYSE:ACNFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 392,800 shares of the information technology services provider’s stock, valued at approximately $96,864,000. Danske Bank A S owned about 0.06% of Accenture at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ACN. Brighton Jones LLC grew its position in Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after acquiring an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Accenture by 46.9% during the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after purchasing an additional 660 shares during the last quarter. United Bank boosted its stake in shares of Accenture by 49.8% during the second quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock valued at $1,088,000 after purchasing an additional 1,209 shares during the period. Foundations Investment Advisors LLC grew its holdings in shares of Accenture by 12.2% in the second quarter. Foundations Investment Advisors LLC now owns 2,316 shares of the information technology services provider’s stock worth $692,000 after purchasing an additional 252 shares during the last quarter. Finally, Western Wealth Management LLC increased its stake in Accenture by 40.5% in the 2nd quarter. Western Wealth Management LLC now owns 3,301 shares of the information technology services provider’s stock worth $987,000 after buying an additional 952 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on ACN. HSBC upped their price objective on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Royal Bank Of Canada set a $300.00 target price on Accenture in a research note on Thursday, December 18th. Citigroup reduced their target price on Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Argus decreased their price target on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research note on Monday, December 29th. Finally, Morgan Stanley dropped their price target on Accenture from $320.00 to $240.00 and set an “overweight” rating on the stock in a research note on Monday. Eighteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $286.19.

Read Our Latest Analysis on ACN

Insider Activity

In related news, General Counsel Joel Unruch sold 1,026 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $281.70, for a total value of $289,024.20. Following the completion of the sale, the general counsel owned 27,181 shares of the company’s stock, valued at approximately $7,656,887.70. The trade was a 3.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Catherine Kiernan Hogan sold 660 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $280.93, for a total value of $185,413.80. Following the sale, the chief operating officer owned 12,688 shares of the company’s stock, valued at $3,564,439.84. The trade was a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 22,088 shares of company stock valued at $5,970,434 over the last 90 days. Company insiders own 0.02% of the company’s stock.

Accenture Stock Down 0.3%

ACN stock opened at $198.73 on Wednesday. The company has a market capitalization of $122.34 billion, a P/E ratio of 16.42, a price-to-earnings-growth ratio of 1.89 and a beta of 1.28. Accenture PLC has a 12 month low of $188.73 and a 12 month high of $326.73. The firm’s fifty day simple moving average is $239.14 and its 200-day simple moving average is $247.84. 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 (NYSE:ACNGet Free Report) last issued its 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. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter last year, the company posted $3.59 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. 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 earnings per share for the current year.

Accenture Announces Dividend

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

Key Headlines Impacting Accenture

Here are the key news stories impacting Accenture this week:

Accenture 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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