Cerity Partners LLC Purchases 21,135 Shares of Accenture PLC $ACN

Cerity Partners LLC raised its holdings in Accenture PLC (NYSE:ACNFree Report) by 5.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 401,646 shares of the information technology services provider’s stock after buying an additional 21,135 shares during the quarter. Cerity Partners LLC’s holdings in Accenture were worth $99,044,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sanders Capital LLC acquired a new position in Accenture in the second quarter worth about $2,637,640,000. Norges Bank acquired a new position in shares of Accenture in the 2nd quarter worth approximately $2,216,850,000. Vanguard Group Inc. lifted its position in shares of Accenture by 2.1% during 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 buying an additional 1,315,548 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new stake in Accenture in the 2nd quarter valued at $308,000. Finally, Flossbach Von Storch SE grew its position in Accenture by 48.0% in the second quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock valued at $719,966,000 after acquiring an additional 781,211 shares during the period. 75.14% of the stock is owned by institutional investors.

More Accenture News

Here are the key news stories impacting Accenture this week:

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Citigroup raised Accenture to a “hold” rating in a report on Thursday, October 23rd. Dbs Bank upgraded shares of Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Robert W. Baird decreased their price objective on shares of Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, TD Cowen boosted their target price on Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.84.

Check Out Our Latest Analysis on ACN

Insider Transactions at Accenture

In other news, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction that occurred 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 represents a 64.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 34,651 shares of company stock worth $8,701,525 in the last ninety days. 0.02% of the stock is currently owned by insiders.

Accenture Price Performance

Shares of ACN stock opened at $275.31 on Wednesday. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The firm’s 50 day moving average is $258.52 and its 200-day moving average is $259.72. The firm has a market capitalization of $169.48 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 2.55 and a beta of 1.25.

Accenture (NYSE:ACNGet Free Report) last issued its quarterly earnings results 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. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same quarter last year, the business posted $3.59 earnings per share. Accenture’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

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

Accenture Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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