Accenture PLC $ACN Shares Acquired by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC lifted its holdings in shares of Accenture PLC (NYSE:ACN) by 9.8% in the third quarter, HoldingsChannel.com reports. The firm owned 30,811 shares of the information technology services provider’s stock after acquiring an additional 2,744 shares during the quarter. Accenture accounts for about 1.1% of Ironwood Investment Counsel LLC’s investment portfolio, making the stock its 22nd largest holding. Ironwood Investment Counsel LLC’s holdings in Accenture were worth $7,598,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Investors Research Corp boosted its position in shares of Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares during the period. Harbor Capital Advisors Inc. boosted its position in shares of Accenture by 132.6% during the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after buying an additional 61 shares during the period. Davis Capital Management acquired a new stake in shares of Accenture in the third quarter valued at $28,000. Elevation Wealth Partners LLC raised its holdings in shares of Accenture by 146.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 73 shares during the period. Finally, Heartwood Wealth Advisors LLC acquired a new position in Accenture during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Performance

Shares of ACN stock opened at $240.95 on Friday. The company has a market cap of $148.33 billion, a P/E ratio of 19.91, a PEG ratio of 2.25 and a beta of 1.24. The firm has a fifty day moving average price of $270.21 and a 200 day moving average price of $256.75. 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 $392.02.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the business earned $3.59 EPS. Accenture’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. Sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The business 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 $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio is currently 53.88%.

Insider Activity at Accenture

In related news, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. The trade was a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of Accenture stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $281.01, for a total value of $1,008,263.88. Following the sale, the chief accounting officer owned 8,179 shares in the company, valued at $2,298,380.79. This trade represents a 30.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,031 shares of company stock valued at $4,509,304 in the last quarter. Company insiders own 0.02% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Berenberg Bank initiated coverage on shares of Accenture in a research note on Thursday, January 22nd. They set a “buy” rating and a $313.00 price target on the stock. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. UBS Group lowered Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Finally, Guggenheim lifted their target price on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a report on Monday, December 15th. Sixteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $298.38.

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.