Nordwand Advisors LLC Invests $5.84 Million in Accenture PLC $ACN

Nordwand Advisors LLC acquired a new stake in Accenture PLC (NYSE:ACN) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 23,691 shares of the information technology services provider’s stock, valued at approximately $5,842,000.

A number of other large investors have also bought and sold shares of ACN. Global Retirement Partners LLC purchased a new stake in Accenture during the 2nd quarter worth about $2,658,000. C WorldWide Group Holding A S increased its position in shares of Accenture by 35.9% during the second quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock valued at $2,435,000 after buying an additional 2,151 shares during the period. Truist Financial Corp lifted its holdings in shares of Accenture by 7.0% in the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock worth $130,376,000 after buying an additional 28,685 shares in the last quarter. Norges Bank bought a new position in shares of Accenture in the second quarter valued at approximately $2,216,850,000. Finally, D.A. Davidson & CO. increased its holdings in Accenture by 17.4% during the 3rd quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after acquiring an additional 38,325 shares during the period. 75.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Argus decreased their price target on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Mizuho reduced their target price on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. Wolfe Research raised their price target on Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. Jefferies Financial Group boosted their price objective on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. Finally, Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $297.20.

Insider Buying and Selling at Accenture

In other news, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $280.00, for a total transaction of $140,000.00. Following the transaction, the chief executive officer directly owned 7,123 shares of the company’s stock, valued at approximately $1,994,440. This trade represents a 6.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 40,076 shares of company stock valued at $10,256,788. 0.02% of the stock is currently owned by insiders.

Accenture Stock Performance

Shares of NYSE ACN opened at $286.33 on Tuesday. The stock’s 50-day moving average is $265.02 and its 200 day moving average is $258.69. The stock has a market cap of $176.27 billion, a price-to-earnings ratio of 23.66, a P/E/G ratio of 2.76 and a beta of 1.25. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last issued its quarterly 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 business had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the business earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The firm 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 $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.3%. Accenture’s payout ratio is currently 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.