Chicago Partners Investment Group LLC Purchases 3,605 Shares of Accenture PLC $ACN

Chicago Partners Investment Group LLC boosted its position in Accenture PLC (NYSE:ACN) by 22.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,599 shares of the information technology services provider’s stock after buying an additional 3,605 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Accenture were worth $4,965,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC bought a new stake in shares of Accenture in the second quarter valued at about $2,658,000. C WorldWide Group Holding A S boosted its position in shares of Accenture by 35.9% during the 2nd quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock valued at $2,435,000 after acquiring an additional 2,151 shares in the last quarter. Truist Financial Corp boosted its holdings in Accenture by 7.0% during the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock valued at $130,376,000 after purchasing an additional 28,685 shares in the last quarter. Norges Bank bought a new stake in shares of Accenture in the 2nd quarter valued at approximately $2,216,850,000. Finally, D.A. Davidson & CO. raised its holdings in shares of Accenture by 17.4% in the 3rd quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after buying an additional 38,325 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Transactions at Accenture

In other news, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $253.40, for a total transaction of $2,280,600.00. Following the completion of the sale, the chief executive officer owned 14,516 shares in the company, valued at $3,678,354.40. The trade was a 38.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the sale, the insider directly owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. This trade represents a 27.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 21,674 shares of company stock worth $5,661,414. 0.02% of the stock is owned by insiders.

Accenture Stock Up 2.9%

Shares of NYSE ACN opened at $280.71 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The company has a market cap of $172.81 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 2.63 and a beta of 1.25. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The firm’s 50-day simple moving average is $266.31 and its 200 day simple moving average is $258.62.

Accenture (NYSE:ACN) last announced its earnings results 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. The company had revenue of $18.74 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the business earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal 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. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is 53.88%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ACN. Wall Street Zen lowered Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Mizuho reduced their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. The Goldman Sachs Group reiterated a “buy” rating and set a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Finally, BNP Paribas Exane decreased their price objective on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Sixteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $297.20.

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.