Hartline Investment Corp Has $1.43 Million Stock Holdings in Accenture PLC $ACN

Hartline Investment Corp lowered its position in shares of Accenture PLC (NYSE:ACN) by 30.8% in the third quarter, Holdings Channel reports. The firm owned 5,810 shares of the information technology services provider’s stock after selling 2,587 shares during the period. Hartline Investment Corp’s holdings in Accenture were worth $1,433,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Investors Research Corp raised its stake in Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after buying an additional 45 shares during the period. Harbor Capital Advisors Inc. lifted its holdings in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Davis Capital Management acquired a new position in shares of Accenture in the 3rd quarter valued at approximately $28,000. Elevation Wealth Partners LLC increased its stake in Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in Accenture during the 3rd quarter worth approximately $32,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ACN has been the subject of several research reports. Susquehanna increased their price objective on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. BNP Paribas Exane lowered their target price on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. Evercore ISI restated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Argus decreased their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a report on Monday, December 29th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and an average target price of $297.20.

Accenture Stock Performance

Shares of NYSE ACN opened at $286.33 on Friday. 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 has a 50 day moving average price of $264.19 and a 200 day moving average price of $259.12. The stock has a market capitalization of $176.27 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 2.76 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:ACN) last announced 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 analysts’ expectations of $18.51 billion. During the same quarter in the prior year, the business posted $3.59 EPS. The business’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. Analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company 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 dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. Accenture’s payout ratio is currently 53.88%.

Insider Buying and Selling

In related news, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction dated 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 transaction, the chief executive officer owned 1,390 shares in the company, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Manish Sharma sold 2,731 shares of the company’s stock in a transaction that occurred 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 sale, the insider owned 7,057 shares in the company, valued at $2,033,333.41. This represents a 27.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,076 shares of company stock worth $10,256,788 in the last 90 days. 0.02% of the stock is owned by corporate insiders.

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.