Accenture PLC $ACN Shares Bought by Jmac Enterprises LLC

Jmac Enterprises LLC grew its position in Accenture PLC (NYSE:ACN) by 145.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,081 shares of the information technology services provider’s stock after purchasing an additional 1,827 shares during the period. Jmac Enterprises LLC’s holdings in Accenture were worth $760,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Firethorn Wealth Partners LLC increased its holdings in Accenture by 4.4% in the 2nd quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock worth $255,000 after buying an additional 36 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of Accenture by 0.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock valued at $1,465,000 after acquiring an additional 38 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake in shares of Accenture by 3.5% in the second quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock worth $363,000 after acquiring an additional 41 shares during the period. Omnia Family Wealth LLC raised its holdings in shares of Accenture by 5.2% during the second quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock worth $253,000 after purchasing an additional 42 shares during the last quarter. Finally, SkyView Investment Advisors LLC lifted its position in Accenture by 1.2% during the second quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock valued at $1,108,000 after purchasing an additional 43 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity at Accenture

In other news, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $280.00, for a total value of $140,000.00. Following the transaction, the chief executive officer owned 7,123 shares in the company, valued at $1,994,440. This trade represents a 6.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $253.40, for a total value of $2,280,600.00. Following the sale, the chief executive officer owned 14,516 shares of the company’s stock, valued at $3,678,354.40. The trade was a 38.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 21,674 shares of company stock valued at $5,661,414. 0.02% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ACN has been the topic of several analyst reports. Royal Bank Of Canada set a $300.00 price target on Accenture in a research report on Thursday, December 18th. Citigroup raised Accenture to a “hold” rating in a report on Thursday, October 23rd. Guggenheim lifted their price target on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Jefferies Financial Group upped their price objective on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. Finally, TD Cowen lifted their target price on shares of Accenture from $295.00 to $300.00 and gave the company a “buy” rating in a report on Friday, December 19th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $297.81.

Accenture Stock Up 1.7%

Accenture stock opened at $285.40 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. The stock has a market capitalization of $175.70 billion, a PE ratio of 23.59, a price-to-earnings-growth ratio of 2.70 and a beta of 1.25. The business has a 50 day simple moving average of $267.07 and a 200-day simple moving average of $258.81. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35.

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, 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 net margin of 10.76% and a return on equity of 26.65%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter last year, the company earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio is 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.