Seilern Investment Management Ltd lifted its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 13.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 226,360 shares of the information technology services provider’s stock after purchasing an additional 27,338 shares during the period. Accenture accounts for about 4.7% of Seilern Investment Management Ltd’s portfolio, making the stock its 14th largest holding. Seilern Investment Management Ltd’s holdings in Accenture were worth $60,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also made changes to their positions in ACN. Running Oak Capital LLC raised its position in shares of Accenture by 14.3% during the 3rd quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock valued at $14,190,000 after buying an additional 7,190 shares during the period. Global Retirement Partners LLC purchased a new position in Accenture in the second quarter worth approximately $2,658,000. Weitz Investment Management Inc. increased its stake in Accenture by 28.8% during the third quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock worth $39,592,000 after acquiring an additional 35,900 shares during the last quarter. Norges Bank purchased a new stake in Accenture in the second quarter valued at $2,216,850,000. Finally, D.A. Davidson & CO. lifted its stake in shares of Accenture by 17.4% in the 3rd quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock valued at $63,771,000 after purchasing an additional 38,325 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Accenture news, CEO Julie Spellman Sweet sold 6,057 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total value of $1,461,130.11. Following the sale, the chief executive officer owned 15,255 shares of the company’s stock, valued at $3,679,963.65. This trade represents a 28.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John F. Walsh sold 3,986 shares of Accenture stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at $7,523,339.98. The trade was a 12.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 22,088 shares of company stock valued at $5,970,434. 0.02% of the stock is owned by company insiders.
Key Accenture News
- Positive Sentiment: HSBC upgraded Accenture, which can help investor sentiment and support the stock. Article Title
- Positive Sentiment: Accenture announced an investment in DaVinci Commerce to advance agentic AI-powered shopping — a strategic move that reinforces Accenture’s push into AI-driven commerce and could boost long‑term revenue opportunities in digital/AI services. Article Title
- Positive Sentiment: An unspecified analyst/firm raised a price target to $247, providing some upward support amid other cuts. Article Title
- Neutral Sentiment: Mizuho cut its price target from $309 to $280 but maintained an “outperform” rating — a mixed signal: the lower target trims upside expectations, but the continued outperform rating is supportive. Article Title
- Negative Sentiment: Guggenheim reduced its price target to $250, which contributes to downward pressure on the stock. Article Title
- Negative Sentiment: RBC trimmed its price target to $253, another analyst cut weighing on sentiment. Article Title
- Negative Sentiment: BMO Capital Markets lowered its price target to $230, adding further downward pressure. Article Title
- Negative Sentiment: Robert W. Baird cut its price target to $265, another incremental hit to analyst consensus targets. Article Title
Accenture Stock Down 0.0%
Shares of ACN opened at $199.95 on Tuesday. The company’s 50-day simple moving average is $232.76 and its 200-day simple moving average is $246.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a 1 year low of $187.00 and a 1 year high of $325.71. The stock has a market capitalization of $123.09 billion, a PE ratio of 16.38, a P/E/G ratio of 1.90 and a beta of 1.27.
Accenture (NYSE:ACN – Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.09. The firm had revenue of $18.04 billion during the quarter, compared to analysts’ expectations of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.82 earnings per share. Analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.
Accenture Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.3%. Accenture’s dividend payout ratio is currently 53.40%.
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. HSBC raised Accenture from a “reduce” rating to a “hold” rating and set a $220.00 price objective for the company in a research report on Friday. Wolfe Research increased their target price on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, December 11th. Royal Bank Of Canada dropped their price target on shares of Accenture from $295.00 to $253.00 and set an “outperform” rating for the company in a research report on Friday. JPMorgan Chase & Co. boosted their price target on shares of Accenture from $243.00 to $247.00 and gave the company an “overweight” rating in a research note on Friday. Finally, BMO Capital Markets lowered their price objective on shares of Accenture from $300.00 to $230.00 and set a “market perform” rating for the company in a research report on Friday. Eighteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $274.88.
Read Our Latest Stock Analysis on ACN
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.
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