Carderock Capital Management Inc. Has $1.23 Million Stock Position in Accenture PLC $ACN

Carderock Capital Management Inc. cut its stake in shares of Accenture PLC (NYSE:ACN) by 77.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,600 shares of the information technology services provider’s stock after selling 15,681 shares during the period. Carderock Capital Management Inc.’s holdings in Accenture were worth $1,234,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. S.E.E.D. Planning Group LLC boosted its position in shares of Accenture by 20.0% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 6,543 shares of the information technology services provider’s stock valued at $1,756,000 after acquiring an additional 1,091 shares during the period. jvl associates llc raised its stake in Accenture by 1.5% in the 4th quarter. jvl associates llc now owns 3,919 shares of the information technology services provider’s stock worth $1,051,000 after purchasing an additional 58 shares in the last quarter. Seilern Investment Management Ltd boosted its holdings in Accenture by 13.7% in the 4th quarter. Seilern Investment Management Ltd now owns 226,360 shares of the information technology services provider’s stock valued at $60,732,000 after purchasing an additional 27,338 shares during the period. Diversified Trust Co. grew its position in shares of Accenture by 0.6% during the 4th quarter. Diversified Trust Co. now owns 12,087 shares of the information technology services provider’s stock worth $3,243,000 after purchasing an additional 69 shares in the last quarter. Finally, 180 Wealth Advisors LLC increased its holdings in shares of Accenture by 343.6% during the fourth quarter. 180 Wealth Advisors LLC now owns 4,471 shares of the information technology services provider’s stock worth $1,200,000 after purchasing an additional 3,463 shares during the period. Institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Argus reduced their price target on Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. UBS Group reaffirmed a “buy” rating on shares of Accenture in a report on Tuesday, March 17th. Mizuho reduced their target price on Accenture from $309.00 to $280.00 and set an “outperform” rating on the stock in a report on Monday. Piper Sandler set a $282.00 price target on Accenture in a research note on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Accenture from $280.00 to $230.00 and set a “hold” rating for the company in a research report on Friday, March 6th. Eighteen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $274.88.

Accenture Price Performance

Shares of ACN stock opened at $199.95 on Tuesday. The business has a fifty day simple moving average of $232.76 and a 200 day simple moving average of $246.26. The company has a market cap of $123.09 billion, a P/E ratio of 16.38, a P/E/G ratio of 1.90 and a beta of 1.28. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.16. Accenture PLC has a twelve month low of $187.00 and a twelve month high of $325.71.

Accenture (NYSE:ACN) last released its earnings results on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.09. The firm had revenue of $18.04 billion for the quarter, compared to analysts’ expectations of $17.80 billion. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.82 earnings per share. On average, sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Thursday, April 9th. Accenture’s dividend payout ratio is currently 53.40%.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: HSBC upgraded Accenture, which can help investor sentiment and support the stock. Article Title
• Positive Sentiment: Accenture announced an investment in DaVinci Commerce to advance agentic AI-powered shopping — a strategic move that reinforces Accenture’s push into AI-driven commerce and could boost long‑term revenue opportunities in digital/AI services. Article Title
• Positive Sentiment: An unspecified analyst/firm raised a price target to $247, providing some upward support amid other cuts. Article Title
• Neutral Sentiment: Mizuho cut its price target from $309 to $280 but maintained an “outperform” rating — a mixed signal: the lower target trims upside expectations, but the continued outperform rating is supportive. Article Title
• Negative Sentiment: Guggenheim reduced its price target to $250, which contributes to downward pressure on the stock. Article Title
• Negative Sentiment: RBC trimmed its price target to $253, another analyst cut weighing on sentiment. Article Title
• Negative Sentiment: BMO Capital Markets lowered its price target to $230, adding further downward pressure. Article Title
• Negative Sentiment: Robert W. Baird cut its price target to $265, another incremental hit to analyst consensus targets. Article Title

Insiders Place Their Bets

In other news, CEO John F. Walsh sold 3,986 shares of the stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the transaction, the chief executive officer directly owned 27,221 shares in the company, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the sale, the general counsel directly owned 28,207 shares in the company, valued at approximately $7,756,925. This trade represents a 4.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 22,088 shares of company stock worth $5,970,434 over the last 90 days. Insiders own 0.02% of the company’s stock.

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.