4,422 Shares in Accenture PLC $ACN Bought by RWWM Inc.

RWWM Inc. purchased a new stake in Accenture PLC (NYSE:ACN) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,422 shares of the information technology services provider’s stock, valued at approximately $1,090,000. Accenture comprises 0.1% of RWWM Inc.’s holdings, making the stock its 22nd biggest holding.

A number of other large investors have also modified their holdings of the business. Sanders Capital LLC purchased a new position in shares of Accenture in the second quarter worth $2,637,640,000. Norges Bank acquired a new position in shares of Accenture in the 2nd quarter valued at $2,216,850,000. Vanguard Group Inc. lifted its position in 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 acquiring an additional 1,315,548 shares during the period. Massachusetts Financial Services Co. MA grew its stake in Accenture by 12.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after purchasing an additional 1,148,970 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new position in shares of Accenture in the second quarter valued at about $308,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Trading Up 0.9%

ACN stock opened at $263.58 on Friday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. 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 firm has a market cap of $162.26 billion, a P/E ratio of 21.78, a PEG ratio of 2.52 and a beta of 1.25. The company’s 50-day simple moving average is $270.51 and its 200-day simple moving average is $258.00.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share 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 during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter in the prior year, the firm posted $3.59 EPS. Accenture’s quarterly 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. As a group, equities analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s payout ratio is presently 53.88%.

Analyst Upgrades and Downgrades

ACN has been the subject of a number of research reports. HSBC lifted their target price on Accenture from $215.00 to $235.00 in a report on Friday, December 19th. UBS Group cut shares of Accenture from a “buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Wells Fargo & Company raised their target price on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 14th. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Finally, Guggenheim lifted their price objective on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $298.38.

Insider Activity at Accenture

In other Accenture news, insider Manish Sharma sold 2,731 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the transaction, the insider directly owned 7,057 shares of the company’s stock, valued at $2,033,333.41. This trade represents a 27.90% 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, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,934 shares of company stock valued at $5,965,166 in the last three months. Company insiders own 0.02% of the company’s stock.

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.