Cwm LLC Has $28.52 Million Holdings in Accenture PLC $ACN

Cwm LLC lifted its position in shares of Accenture PLC (NYSE:ACN) by 30.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,661 shares of the information technology services provider’s stock after acquiring an additional 26,881 shares during the quarter. Cwm LLC’s holdings in Accenture were worth $28,522,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Accenture by 2.1% during the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after purchasing an additional 1,315,548 shares in the last quarter. State Street Corp raised its holdings in Accenture by 1.2% in the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock valued at $8,373,925,000 after buying an additional 326,979 shares during the last quarter. Geode Capital Management LLC grew its holdings in Accenture by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock worth $4,182,331,000 after acquiring an additional 147,931 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Accenture by 0.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider’s stock valued at $2,689,659,000 after acquiring an additional 56,108 shares during the period. Finally, Sanders Capital LLC bought a new position in shares of Accenture during the second quarter valued at $2,637,640,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

Accenture stock opened at $271.03 on Friday. The stock has a market capitalization of $166.85 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 2.60 and a beta of 1.26. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. 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’s 50 day moving average price is $255.87 and its two-hundred day moving average price is $262.48.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating 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 net margin of 10.76% and a return on equity of 26.65%. Accenture’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be paid a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.4%. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Wells Fargo & Company started coverage on Accenture in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 price objective for the company. Guggenheim raised their price objective on Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Rothschild & Co Redburn lifted their price objective on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Finally, Citigroup upgraded shares of Accenture to a “hold” rating in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus target price of $298.29.

Insider Activity at Accenture

In related news, CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction 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 represents a 40.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value 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 represents a 64.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 33,319 shares of company stock valued at $8,335,225 in the last three months. Corporate insiders own 0.02% of the company’s stock.

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.