Accenture PLC $ACN Shares Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its holdings in Accenture PLC (NYSE:ACN) by 8.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 143,339 shares of the information technology services provider’s stock after acquiring an additional 10,690 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Accenture were worth $35,347,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Accenture by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after purchasing an additional 1,315,548 shares during the last quarter. State Street Corp lifted its stake in shares of Accenture by 1.2% during the second quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock worth $8,373,925,000 after buying an additional 326,979 shares during the period. Geode Capital Management LLC grew its holdings in shares of Accenture by 1.1% during the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after buying an additional 147,931 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Accenture by 0.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider’s stock worth $2,689,659,000 after acquiring an additional 56,108 shares during the last quarter. Finally, Sanders Capital LLC acquired a new stake in Accenture during the 2nd quarter worth about $2,637,640,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity

In related news, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the sale, the chief executive officer owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. This trade represents a 27.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Manish Sharma sold 6,902 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the transaction, the insider owned 1,860 shares of the company’s stock, valued at $465,018.60. This represents a 78.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 33,319 shares of company stock worth $8,335,225 in the last quarter. Corporate insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ACN. Evercore ISI reissued an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. TD Cowen increased their price target on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Stifel Nicolaus decreased their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. HSBC increased their price objective on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Finally, Rothschild & Co Redburn boosted their target price on shares of Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $296.83.

Accenture Stock Up 0.1%

ACN opened at $271.35 on Tuesday. The company has a fifty day moving average of $256.45 and a two-hundred day moving average of $261.34. The stock has a market capitalization of $167.04 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 2.61 and a beta of 1.26. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The firm had revenue of $18.74 billion for 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 quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.

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.