MGO One Seven LLC Buys 4,724 Shares of Accenture PLC $ACN

MGO One Seven LLC increased its stake in shares of Accenture PLC (NYSE:ACN) by 115.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 8,825 shares of the information technology services provider’s stock after buying an additional 4,724 shares during the quarter. MGO One Seven LLC’s holdings in Accenture were worth $2,176,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of ACN. Firethorn Wealth Partners LLC increased its position in shares of Accenture by 4.4% in the second quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock worth $255,000 after purchasing an additional 36 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in Accenture by 0.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock valued at $1,465,000 after buying an additional 38 shares during the period. Piscataqua Savings Bank raised its position in shares of Accenture by 5.3% in the 2nd quarter. Piscataqua Savings Bank now owns 796 shares of the information technology services provider’s stock valued at $238,000 after buying an additional 40 shares in the last quarter. Capital Advisors Ltd. LLC lifted its holdings in shares of Accenture by 3.5% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock worth $363,000 after acquiring an additional 41 shares during the period. Finally, Silver Oak Securities Incorporated boosted its position in shares of Accenture by 5.2% during the 2nd quarter. Silver Oak Securities Incorporated now owns 857 shares of the information technology services provider’s stock worth $256,000 after acquiring an additional 42 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54. Following the sale, the chief executive officer directly owned 8,599 shares of the company’s stock, valued at approximately $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 the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total transaction of $623,675.00. Following the transaction, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at $346,763.30. This represents a 64.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,151 shares of company stock valued at $8,841,525 over the last three months. Insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN stock opened at $288.64 on Thursday. The company has a market capitalization of $177.69 billion, a P/E ratio of 23.85, a PEG ratio of 2.67 and a beta of 1.25. The company has a fifty day moving average price of $262.44 and a 200-day moving average price of $259.31. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. The company had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. Accenture’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s payout ratio is currently 53.88%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Wells Fargo & Company upped their target price on Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Jefferies Financial Group upped their price objective on Accenture from $250.00 to $270.00 and gave the stock a “hold” rating in a research report on Wednesday, December 10th. HSBC lifted their target price on Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research note on Wednesday, December 10th. Finally, 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 report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $296.80.

About Accenture

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.