Capital International Inc. CA Acquires 69,716 Shares of Accenture PLC $ACN

Capital International Inc. CA raised its holdings in Accenture PLC (NYSE:ACN) by 61.8% during the third quarter, Holdings Channel reports. The institutional investor owned 182,454 shares of the information technology services provider’s stock after buying an additional 69,716 shares during the quarter. Capital International Inc. CA’s holdings in Accenture were worth $44,993,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ACN. Vanguard Group Inc. raised its holdings in shares of Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after acquiring an additional 1,315,548 shares during the last quarter. State Street Corp increased its holdings in Accenture by 1.2% during the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock worth $8,373,925,000 after purchasing an additional 326,979 shares in the last quarter. Capital International Investors raised its stake in shares of Accenture by 41.1% in the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock worth $4,223,839,000 after purchasing an additional 4,984,930 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Accenture by 1.1% in the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Accenture by 12.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after purchasing an additional 1,148,970 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Stock Down 2.7%

ACN opened at $209.18 on Tuesday. The firm has a market capitalization of $128.77 billion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 2.07 and a beta of 1.28. Accenture PLC has a one year low of $188.73 and a one year high of $339.90. The company has a fifty day moving average price of $247.40 and a 200-day moving average price of $250.32. 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 (NYSE:ACN) last issued 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. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. During the same quarter last year, the business posted $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 expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The business also recently declared 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 3.1%. The ex-dividend date of this dividend was Tuesday, January 13th. Accenture’s payout ratio is currently 53.88%.

Insider Transactions at Accenture

In other news, 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 transaction of $1,008,263.88. Following the sale, the chief accounting officer owned 8,179 shares in the company, valued at approximately $2,298,380.79. This trade represents a 30.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Manish Sharma sold 2,731 shares of the 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 transaction, the insider directly owned 7,057 shares in the company, valued at approximately $2,033,333.41. This represents a 27.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 22,088 shares of company stock worth $5,970,434. Company insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

ACN has been the subject of a number of analyst reports. Piper Sandler set a $282.00 price target on Accenture in a research report on Thursday, March 5th. Susquehanna increased their target price on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Argus cut their target price on Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. Finally, Wolfe Research lifted their price target on Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. Sixteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, Accenture has an average rating of “Moderate Buy” and a consensus target price of $291.69.

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.