IQ EQ FUND MANAGEMENT IRELAND Ltd Raises Stake in Accenture PLC $ACN

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in Accenture PLC (NYSE:ACN) by 25.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,713 shares of the information technology services provider’s stock after purchasing an additional 8,101 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Accenture were worth $9,793,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its position in shares of Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after acquiring an additional 4,905 shares during the period. Sivia Capital Partners LLC increased its stake 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 valued at $618,000 after purchasing an additional 660 shares in the last quarter. Sax Wealth Advisors LLC raised its holdings in Accenture by 4.1% during the second quarter. Sax Wealth Advisors LLC now owns 3,389 shares of the information technology services provider’s stock worth $1,013,000 after purchasing an additional 135 shares during the last quarter. Abel Hall LLC purchased a new stake in Accenture during the second quarter worth $213,000. Finally, Ignite Planners LLC grew its holdings in Accenture by 35.5% in the second quarter. Ignite Planners LLC now owns 1,160 shares of the information technology services provider’s stock valued at $328,000 after purchasing an additional 304 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on ACN shares. BMO Capital Markets reiterated a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Accenture from $265.00 to $280.00 and gave the company a “hold” rating in a research report on Monday, January 26th. Evercore ISI restated an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Wells Fargo & Company increased their target price on Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a report on Wednesday, January 14th. Finally, HSBC raised their price target on Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

Accenture Stock Down 3.3%

ACN stock opened at $233.66 on Friday. The company has a 50 day moving average price of $270.39 and a two-hundred day moving average price of $257.04. 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 stock has a market capitalization of $143.84 billion, a P/E ratio of 19.31, a PEG ratio of 2.33 and a beta of 1.24. Accenture PLC has a one year low of $229.40 and a one year high of $397.88.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter last year, the firm earned $3.59 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. 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 EPS for the current year.

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be given a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.8%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Insider Activity

In related news, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel directly owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. This trade represents a 4.51% 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 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 sale, the chief executive officer directly 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,031 shares of company stock valued at $4,509,304 in the last ninety days. 0.02% of the stock is owned by company insiders.

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.