GSA Capital Partners LLP Acquires 15,564 Shares of Accenture PLC $ACN

GSA Capital Partners LLP boosted its holdings in Accenture PLC (NYSE:ACN) by 214.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 22,828 shares of the information technology services provider’s stock after acquiring an additional 15,564 shares during the quarter. Accenture accounts for approximately 0.5% of GSA Capital Partners LLP’s portfolio, making the stock its largest position. GSA Capital Partners LLP’s holdings in Accenture were worth $5,629,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC boosted its holdings in Accenture by 36.2% during the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC increased its stake in Accenture by 46.9% in the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after purchasing an additional 660 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of Accenture by 3.6% during the second quarter. Harbour Investments Inc. now owns 1,274 shares of the information technology services provider’s stock worth $381,000 after purchasing an additional 44 shares in the last quarter. United Bank increased its position in shares of Accenture by 49.8% in the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock valued at $1,088,000 after buying an additional 1,209 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in Accenture by 6.5% during the second quarter. International Assets Investment Management LLC now owns 1,688 shares of the information technology services provider’s stock worth $504,000 after acquiring an additional 103 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Insider Activity

In related news, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the transaction, the insider directly owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. The trade was a 27.90% 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, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the sale, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at $2,298,380.79. This represents a 30.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 22,088 shares of company stock valued at $5,970,434. 0.02% of the stock is owned by insiders.

Analysts Set New Price Targets

ACN has been the topic of several recent analyst reports. BMO Capital Markets reiterated a “market perform” rating and set a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. Susquehanna upped their price target on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, December 19th. UBS Group lowered shares of Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft increased their target price on Accenture from $265.00 to $280.00 and gave the stock a “hold” rating in a report on Monday, January 26th. Finally, Citigroup raised Accenture to a “hold” rating in a research report on Thursday, October 23rd. Sixteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

Accenture Stock Performance

ACN opened at $224.03 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The business’s 50-day simple moving average is $265.90 and its 200 day simple moving average is $254.34. The firm has a market capitalization of $137.92 billion, a PE ratio of 18.51, a PEG ratio of 2.16 and a beta of 1.24. Accenture PLC has a 52-week low of $215.16 and a 52-week high of $392.02.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The company 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 business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.9%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is 53.88%.

Accenture 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.