Moody Lynn & Lieberson LLC Sells 1,901 Shares of Accenture PLC $ACN

Moody Lynn & Lieberson LLC cut its holdings in shares of Accenture PLC (NYSE:ACN) by 21.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,078 shares of the information technology services provider’s stock after selling 1,901 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Accenture were worth $1,745,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Calamos Wealth Management LLC boosted its stake in shares of Accenture by 9.4% in the 3rd quarter. Calamos Wealth Management LLC now owns 9,244 shares of the information technology services provider’s stock worth $2,280,000 after buying an additional 792 shares during the last quarter. Single Point Partners LLC increased its position in shares of Accenture by 2.4% during the 3rd quarter. Single Point Partners LLC now owns 4,630 shares of the information technology services provider’s stock valued at $1,142,000 after purchasing an additional 108 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of Accenture by 10.2% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 168,928 shares of the information technology services provider’s stock worth $41,658,000 after buying an additional 15,700 shares during the last quarter. Smith Salley Wealth Management increased its holdings in Accenture by 2.5% during the third quarter. Smith Salley Wealth Management now owns 57,542 shares of the information technology services provider’s stock worth $14,190,000 after buying an additional 1,417 shares during the last quarter. Finally, Investment Partners Asset Management Inc. boosted its stake in Accenture by 2.8% in the third quarter. Investment Partners Asset Management Inc. now owns 2,802 shares of the information technology services provider’s stock valued at $691,000 after acquiring an additional 75 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Price Performance

Shares of NYSE:ACN opened at $269.94 on Wednesday. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company’s fifty day moving average price is $256.83 and its 200-day moving average price is $261.05. The firm has a market capitalization of $166.18 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 2.62 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41.

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, beating analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, January 13th. Accenture’s payout ratio is presently 53.88%.

Analyst Ratings Changes

Several equities analysts recently commented on ACN shares. Royal Bank Of Canada set a $300.00 price objective on Accenture in a research note on Thursday, December 18th. Argus cut their price target on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research note on Monday. HSBC lifted their target price on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Susquehanna raised their price target on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $296.83.

Insider Activity at Accenture

In related news, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total transaction of $2,246,130.00. Following the completion of the sale, the chief executive officer directly owned 23,516 shares in the company, valued at $5,868,888.12. This represents a 27.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Manish Sharma sold 6,902 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the sale, the insider directly owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 33,319 shares of company stock valued at $8,335,225. 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.