Navera Investment Management Ltd. Trims Stock Position in Accenture PLC $ACN

Navera Investment Management Ltd. trimmed its holdings in Accenture PLC (NYSE:ACN) by 1.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 934,071 shares of the information technology services provider’s stock after selling 11,757 shares during the quarter. Accenture makes up approximately 4.4% of Navera Investment Management Ltd.’s holdings, making the stock its 13th biggest holding. Navera Investment Management Ltd.’s holdings in Accenture were worth $230,399,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanders Capital LLC purchased a new position in Accenture during the 2nd quarter worth $2,637,640,000. Norges Bank acquired a new position in shares of Accenture during the second quarter worth about $2,216,850,000. Vanguard Group Inc. raised its holdings in Accenture by 2.1% during the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after purchasing an additional 1,315,548 shares in the last quarter. McElhenny Sheffield Capital Management LLC purchased a new stake in Accenture in the 2nd quarter valued at approximately $308,000. Finally, Flossbach Von Storch SE raised its stake in shares of Accenture by 48.0% during the 2nd quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock worth $719,966,000 after buying an additional 781,211 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

ACN has been the topic of a number of recent analyst reports. Evercore ISI reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. Argus lowered their price target on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. Mizuho decreased their price objective on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a report on Monday, September 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price target on shares of Accenture in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $297.20.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the transaction, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. The trade was a 78.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 40,076 shares of company stock valued at $10,256,788. 0.02% of the stock is currently owned by insiders.

Accenture Trading Down 0.5%

Shares of Accenture stock opened at $286.33 on Friday. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. 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 business has a 50 day moving average price of $264.19 and a 200 day moving average price of $259.12. The company has a market capitalization of $176.27 billion, a P/E ratio of 23.66, a P/E/G ratio of 2.76 and a beta of 1.25.

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 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 the consensus estimate of $18.51 billion. During the same quarter last year, the business posted $3.59 earnings per share. Accenture’s 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. Sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

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.