Motco Increases Stock Holdings in Accenture PLC $ACN

Motco boosted its stake in Accenture PLC (NYSE:ACN) by 7.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,072 shares of the information technology services provider’s stock after acquiring an additional 2,357 shares during the quarter. Motco’s holdings in Accenture were worth $8,402,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. GoalVest Advisory LLC boosted its stake in shares of Accenture by 90.1% in the third quarter. GoalVest Advisory LLC now owns 211 shares of the information technology services provider’s stock valued at $52,000 after purchasing an additional 100 shares during the period. Letson Investment Management Inc. lifted its holdings in Accenture by 6.0% in the 3rd quarter. Letson Investment Management Inc. now owns 44,193 shares of the information technology services provider’s stock worth $10,898,000 after buying an additional 2,487 shares in the last quarter. West Paces Advisors Inc. boosted its position in Accenture by 83.5% in the 3rd quarter. West Paces Advisors Inc. now owns 2,349 shares of the information technology services provider’s stock valued at $579,000 after buying an additional 1,069 shares during the last quarter. Endeavor Private Wealth Inc. increased its position in shares of Accenture by 15.0% during the third quarter. Endeavor Private Wealth Inc. now owns 990 shares of the information technology services provider’s stock worth $244,000 after acquiring an additional 129 shares during the last quarter. Finally, Earned Wealth Advisors LLC lifted its stake in shares of Accenture by 175.7% in the third quarter. Earned Wealth Advisors LLC now owns 1,960 shares of the information technology services provider’s stock worth $483,000 after acquiring an additional 1,249 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Transactions at Accenture

In other news, insider Manish Sharma sold 6,902 shares of the business’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 sale, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Julie Spellman Sweet sold 5,917 shares of the stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54. Following the completion of the transaction, the chief executive officer owned 8,599 shares of the company’s stock, valued at $2,120,685.38. This trade represents a 40.76% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 33,319 shares of company stock valued at $8,335,225. Corporate insiders own 0.02% of the company’s stock.

Accenture Trading Down 3.2%

NYSE ACN opened at $259.78 on Monday. 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 PLC has a one year low of $229.40 and a one year high of $398.35. The company has a 50-day simple moving average of $257.83 and a 200-day simple moving average of $260.09. The firm has a market capitalization of $159.92 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 2.51 and a beta of 1.25.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the company earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ACN shares. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price objective on shares of Accenture in a report on Thursday, December 18th. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Wells Fargo & Company began coverage on shares of Accenture in a research note on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 price objective on the stock. BNP Paribas Exane decreased their price objective on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. Finally, Cowen restated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $296.83.

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.