Moloney Securities Asset Management LLC Purchases 2,659 Shares of Accenture PLC $ACN

Moloney Securities Asset Management LLC raised its position in Accenture PLC (NYSE:ACN) by 69.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 6,514 shares of the information technology services provider’s stock after acquiring an additional 2,659 shares during the period. Moloney Securities Asset Management LLC’s holdings in Accenture were worth $1,606,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in ACN. Sanders Capital LLC acquired a new stake in shares of Accenture in the second quarter valued at about $2,637,640,000. Norges Bank acquired a new position in shares of Accenture during the 2nd quarter worth approximately $2,216,850,000. Vanguard Group Inc. raised its stake in shares of Accenture by 2.1% during the 2nd 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. Massachusetts Financial Services Co. MA boosted its holdings in shares of Accenture by 12.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after buying an additional 1,148,970 shares during the last quarter. Finally, Flossbach Von Storch SE grew its stake in shares of Accenture by 48.0% in the second quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock valued at $719,966,000 after buying an additional 781,211 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on ACN shares. Truist Financial started coverage on shares of Accenture in a research note on Tuesday, January 6th. They issued a “buy” rating and a $317.00 price target for the company. Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Rothschild & Co Redburn upped their price objective on Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Wells Fargo & Company lifted 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, January 14th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

Insiders Place Their Bets

In related news, CEO Julie Spellman Sweet sold 1,694 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $288.30, for a total transaction of $488,380.20. Following the completion of the sale, the chief executive officer directly owned 37,346 shares in the company, valued at $10,766,851.80. This represents a 4.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Joel Unruch sold 1,332 shares of Accenture stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the completion of the transaction, the general counsel owned 28,207 shares in the company, valued at approximately $7,756,925. This represents a 4.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 16,031 shares of company stock valued at $4,509,304 over the last three months. 0.02% of the stock is owned by corporate insiders.

Accenture Stock Performance

Shares of NYSE ACN opened at $240.95 on Friday. 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 firm has a market cap of $148.33 billion, a price-to-earnings ratio of 19.91, a P/E/G ratio of 2.32 and a beta of 1.24. The stock’s fifty day moving average price is $270.21 and its two-hundred day moving average price is $256.54. Accenture PLC has a one year low of $229.40 and a one year high of $392.02.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The company had revenue of $18.74 billion during 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 quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 2.7%. 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.