Accenture PLC $ACN Holdings Decreased by Atwater Malick LLC

Atwater Malick LLC trimmed its holdings in shares of Accenture PLC (NYSE:ACNFree Report) by 31.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,925 shares of the information technology services provider’s stock after selling 12,401 shares during the period. Accenture makes up about 1.9% of Atwater Malick LLC’s holdings, making the stock its 19th biggest position. Atwater Malick LLC’s holdings in Accenture were worth $6,640,000 at the end of the most recent quarter.

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

More Accenture News

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Accenture Stock Down 0.7%

ACN stock opened at $274.00 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. The company has a 50-day moving average of $259.04 and a two-hundred day moving average of $259.82. The stock has a market capitalization of $168.68 billion, a price-to-earnings ratio of 22.64, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACNGet Free Report) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently disclosed 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 presently 53.88%.

Analyst Ratings Changes

ACN has been the topic of a number of recent research reports. HSBC boosted their target price on Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Mizuho dropped their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research note on Wednesday, October 8th. Wells Fargo & Company started coverage on shares of Accenture in a research note on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 price target on the stock. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Accenture in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.84.

View Our Latest Stock Analysis on Accenture

Insider Buying and Selling at Accenture

In related news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the completion of the transaction, the chief executive officer directly owned 23,516 shares in the company, valued at $5,868,888.12. This represents a 27.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ryoji Sekido sold 2,500 shares of the firm’s 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 completion of the sale, the chief executive officer owned 1,390 shares in the company, valued at $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 35,151 shares of company stock valued at $8,841,525 in the last three months. 0.02% of the stock is owned by insiders.

Accenture 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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