Vanguard Personalized Indexing Management LLC Lowers Holdings in Accenture PLC $ACN

Vanguard Personalized Indexing Management LLC reduced its stake in shares of Accenture PLC (NYSE:ACN) by 14.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,289 shares of the information technology services provider’s stock after selling 10,845 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Accenture were worth $16,353,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Investors Research Corp grew its position in Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 45 shares during the period. Harbor Capital Advisors Inc. increased its position in shares of Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 61 shares in the last quarter. Davis Capital Management purchased a new position in shares of Accenture in the 3rd quarter valued at $28,000. RMG Wealth Management LLC acquired a new position in shares of Accenture during the 2nd quarter valued at $33,000. Finally, Elevation Wealth Partners LLC boosted its position in Accenture by 146.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling

In related news, insider Manish Sharma sold 2,731 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total value of $786,883.03. Following the sale, the insider owned 7,057 shares of the company’s stock, valued at $2,033,333.41. This trade represents a 27.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total transaction of $366,300.00. Following the transaction, the general counsel directly owned 28,207 shares of the company’s stock, valued at $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 21,674 shares of company stock valued at $5,661,414 in the last 90 days. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Performance

ACN stock opened at $281.00 on Monday. The firm has a market cap of $172.99 billion, a P/E ratio of 23.22, a P/E/G ratio of 2.71 and a beta of 1.25. The stock’s 50 day simple moving average is $267.78 and its 200 day simple moving average is $258.09. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. During the same period in the prior year, the company earned $3.59 earnings per share. The firm’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. As a group, equities research analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

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 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 payout ratio is currently 53.88%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Mizuho cut their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. BMO Capital Markets reiterated a “market perform” rating and set a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. The Goldman Sachs Group reissued a “buy” rating and set a $330.00 price target on shares of Accenture in a research report on Thursday, December 18th. HSBC raised their price target on shares of Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Finally, Evercore ISI reissued an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and a consensus target price of $297.81.

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.