Accenture PLC $ACN Shares Bought by M. Kulyk & Associates LLC

M. Kulyk & Associates LLC lifted its stake in Accenture PLC (NYSE:ACN) by 32.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 26,114 shares of the information technology services provider’s stock after acquiring an additional 6,336 shares during the quarter. Accenture comprises approximately 1.3% of M. Kulyk & Associates LLC’s portfolio, making the stock its 29th largest position. M. Kulyk & Associates LLC’s holdings in Accenture were worth $6,440,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Brighton Jones LLC boosted its stake in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares during the period. Sivia Capital Partners LLC lifted its holdings in Accenture by 46.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after buying an additional 660 shares in the last quarter. United Bank boosted its position in 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 during the last quarter. Interchange Capital Partners LLC grew its stake in shares of Accenture by 9.3% during the second quarter. Interchange Capital Partners LLC now owns 1,014 shares of the information technology services provider’s stock valued at $303,000 after acquiring an additional 86 shares in the last quarter. Finally, Solstein Capital LLC increased its position in shares of Accenture by 1,850.0% during the second quarter. Solstein Capital LLC now owns 195 shares of the information technology services provider’s stock worth $58,000 after acquiring an additional 185 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on ACN. Royal Bank Of Canada set a $300.00 price target on Accenture in a report on Thursday, December 18th. Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Rothschild & Co Redburn raised their price target on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. 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. Finally, Wells Fargo & Company increased their price objective on shares of Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and a consensus target price of $298.38.

Insider Activity at Accenture

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

Accenture Stock Performance

Shares of ACN opened at $200.72 on Tuesday. The stock has a market capitalization of $123.56 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 2.07 and a beta of 1.24. The business’s fifty day moving average price is $260.19 and its 200 day moving average price is $253.10. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. Accenture PLC has a 12-month low of $199.10 and a 12-month high of $366.93.

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 analysts’ consensus estimates of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. During the same period in the prior year, the company earned $3.59 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Tuesday, January 13th. Accenture’s 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.