Running Oak Capital LLC Raises Holdings in Accenture PLC $ACN

Running Oak Capital LLC lifted its stake in Accenture PLC (NYSE:ACN) by 14.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 57,541 shares of the information technology services provider’s stock after acquiring an additional 7,190 shares during the period. Running Oak Capital LLC’s holdings in Accenture were worth $14,190,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of ACN. Brighton Jones LLC grew its holdings in shares of Accenture by 36.2% during 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 buying an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Accenture by 46.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after acquiring an additional 660 shares during the period. Wealthcare Advisory Partners LLC grew its stake in Accenture by 0.8% during 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 purchasing an additional 38 shares during the last quarter. OLD National Bancorp IN increased its holdings in shares of Accenture by 27.5% in the second quarter. OLD National Bancorp IN now owns 4,401 shares of the information technology services provider’s stock valued at $1,315,000 after purchasing an additional 949 shares during the period. Finally, Merit Financial Group LLC raised its stake in shares of Accenture by 16.5% in the second quarter. Merit Financial Group LLC now owns 17,849 shares of the information technology services provider’s stock worth $5,335,000 after purchasing an additional 2,527 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Price Performance

NYSE:ACN opened at $266.75 on Tuesday. The stock has a market capitalization of $164.21 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 2.54 and a beta of 1.25. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock’s 50-day moving average price is $270.97 and its 200-day moving average price is $257.60.

Accenture (NYSE:ACN) last issued its quarterly earnings results 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 the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.Accenture’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.4%. Accenture’s dividend payout ratio is currently 53.88%.

Insider Buying and Selling at Accenture

In related news, CEO Julie Spellman Sweet sold 5,917 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54. Following the transaction, the chief executive officer directly owned 8,599 shares of the company’s stock, valued at approximately $2,120,685.38. This trade represents a 40.76% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total value of $1,101,650.68. Following the sale, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 21,934 shares of company stock valued at $5,965,166. Insiders own 0.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ACN shares. Argus cut 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. HSBC increased their price objective on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. The Goldman Sachs Group restated a “buy” rating and set a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Wells Fargo & Company increased their price target on Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Finally, Royal Bank Of Canada set a $300.00 price objective on Accenture in a report on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $298.38.

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.