Farther Finance Advisors LLC Has $4.99 Million Stock Position in Accenture PLC $ACN

Farther Finance Advisors LLC lessened its stake in Accenture PLC (NYSE:ACN) by 12.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,222 shares of the information technology services provider’s stock after selling 2,849 shares during the quarter. Farther Finance Advisors LLC’s holdings in Accenture were worth $4,987,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ACN. Investors Research Corp raised its position in shares of Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 45 shares in the last quarter. RMG Wealth Management LLC bought a new position in Accenture in the second quarter valued at approximately $33,000. Elevation Wealth Partners LLC raised its position in Accenture by 146.0% during the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. Heartwood Wealth Advisors LLC bought a new stake in Accenture during the third quarter worth $32,000. Finally, WPG Advisers LLC acquired a new stake in shares of Accenture in the 1st quarter valued at $42,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Accenture

In other news, CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction on 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 sale, the chief executive officer directly owned 8,599 shares of the company’s stock, valued at approximately $2,120,685.38. This represents a 40.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the sale, the chief executive officer owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 33,319 shares of company stock worth $8,335,225 over the last ninety days. Insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN stock opened at $270.08 on Thursday. The company has a market capitalization of $177.84 billion, a P/E ratio of 22.32, a PEG ratio of 2.61 and a beta of 1.26. The company has a fifty day moving average price of $254.49 and a 200-day moving average price of $262.74. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion during 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 quarterly revenue was up 5.7% on a year-over-year basis. During the same period 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 year.

Accenture Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ACN shares. Deutsche Bank Aktiengesellschaft boosted their price target on Accenture from $235.00 to $265.00 and gave the stock a “hold” rating in a report on Wednesday, December 10th. Stifel Nicolaus lowered their target price on Accenture from $355.00 to $315.00 and set a “buy” rating for the company in a research note on Tuesday, September 16th. JPMorgan Chase & Co. reduced their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. Morgan Stanley decreased their price target on shares of Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. Finally, Citigroup raised shares of Accenture to a “hold” rating in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $298.29.

Accenture 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.