Commerzbank Aktiengesellschaft FI Buys 11,541 Shares of Accenture PLC $ACN

Commerzbank Aktiengesellschaft FI lifted its stake in shares of Accenture PLC (NYSE:ACN) by 23.1% in the 3rd quarter, Holdings Channel reports. The fund owned 61,500 shares of the information technology services provider’s stock after acquiring an additional 11,541 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Accenture were worth $15,166,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Investors Research Corp raised its stake in shares of Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares during the period. Harbor Capital Advisors Inc. raised its position in Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares during the last quarter. Davis Capital Management bought a new stake in Accenture in the 3rd quarter valued at approximately $28,000. Elevation Wealth Partners LLC boosted its position 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 acquiring an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC bought a new position in shares of Accenture during the 3rd quarter worth approximately $32,000. 75.14% of the stock is owned by institutional investors.

Accenture Price Performance

Shares of NYSE ACN opened at $281.00 on Friday. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a market cap of $172.99 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. The business’s 50 day moving average price is $267.78 and its two-hundred day moving average price is $258.36. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $18.51 billion. During the same period in the previous year, the company posted $3.59 EPS. The firm’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. On average, analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

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

Insider Activity at Accenture

In other news, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the transaction, the general counsel owned 28,207 shares in the company, valued at approximately $7,756,925. This trade represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Julie Spellman Sweet sold 9,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $253.40, for a total value of $2,280,600.00. Following the completion of the sale, the chief executive officer owned 14,516 shares of the company’s stock, valued at $3,678,354.40. This trade represents a 38.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,674 shares of company stock worth $5,661,414 in the last quarter. Corporate insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on ACN. Royal Bank Of Canada set a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. Guggenheim increased their price objective on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. UBS Group downgraded Accenture from a “buy” rating to a “hold” rating in a research report on Thursday. HSBC increased their price target on Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. Finally, Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $297.81.

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.