Capital Investment Advisors LLC Has $5.36 Million Holdings in Accenture PLC $ACN

Capital Investment Advisors LLC increased its position in shares of Accenture PLC (NYSE:ACNFree Report) by 32.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,737 shares of the information technology services provider’s stock after purchasing an additional 5,336 shares during the period. Capital Investment Advisors LLC’s holdings in Accenture were worth $5,360,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ACN. Vanguard Group Inc. raised its stake in shares of Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares in the last quarter. State Street Corp increased its stake in Accenture by 1.2% in the second quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock valued at $8,373,925,000 after acquiring an additional 326,979 shares during the period. Geode Capital Management LLC raised its position in Accenture by 1.1% in the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock worth $4,182,331,000 after purchasing an additional 147,931 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Accenture by 0.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider’s stock valued at $2,689,659,000 after purchasing an additional 56,108 shares in the last quarter. Finally, Sanders Capital LLC bought a new stake in shares of Accenture in the 2nd quarter valued at approximately $2,637,640,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Performance

ACN stock opened at $281.52 on Friday. The stock has a market capitalization of $173.30 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 2.64 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. The company has a 50 day moving average price of $259.69 and a 200 day moving average price of $259.97. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35.

Accenture (NYSE:ACNGet Free Report) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating 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 analysts’ expectations of $18.51 billion. During the same period last year, the firm earned $3.59 EPS. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.3%. Accenture’s dividend payout ratio is presently 53.88%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Susquehanna boosted their price target on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research note on Wednesday, October 8th. BMO Capital Markets reiterated a “market perform” rating and set a $300.00 target price on shares of Accenture in a research report on Thursday, December 18th. Guggenheim upped 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. Finally, JPMorgan Chase & Co. cut their target price on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.84.

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More Accenture News

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Insider Activity at Accenture

In other news, CEO Julie Spellman Sweet sold 5,917 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total value of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares of the company’s stock, valued at $2,120,685.38. This represents a 40.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $280.00, for a total value of $140,000.00. Following the completion of the transaction, the chief executive officer owned 7,623 shares in the company, valued at $2,134,440. This represents a 6.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 35,151 shares of company stock worth $8,841,525 over the last 90 days. Insiders own 0.02% of the company’s stock.

Accenture Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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