Accenture PLC $ACN Shares Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. increased its holdings in Accenture PLC (NYSE:ACN) by 40.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,369 shares of the information technology services provider’s stock after buying an additional 2,679 shares during the period. Wedbush Securities Inc.’s holdings in Accenture were worth $2,310,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of ACN. Omnia Family Wealth LLC boosted its position in shares of Accenture by 5.2% during the second quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock worth $253,000 after buying an additional 42 shares during the period. SkyView Investment Advisors LLC raised its stake in Accenture by 1.2% during the 2nd quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock valued at $1,108,000 after acquiring an additional 43 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of Accenture by 3.6% during the second quarter. Harbour Investments Inc. now owns 1,274 shares of the information technology services provider’s stock valued at $381,000 after purchasing an additional 44 shares during the period. Alpha Cubed Investments LLC raised its stake in shares of Accenture by 6.4% during the second quarter. Alpha Cubed Investments LLC now owns 744 shares of the information technology services provider’s stock valued at $222,000 after purchasing an additional 45 shares in the last quarter. Finally, Councilmark Asset Management LLC lifted its holdings in Accenture by 0.5% in the second quarter. Councilmark Asset Management LLC now owns 9,344 shares of the information technology services provider’s stock worth $2,793,000 after purchasing an additional 45 shares during the period. Institutional investors own 75.14% of the company’s stock.

Insider Activity at Accenture

In other Accenture news, insider Manish Sharma sold 2,731 shares of Accenture stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the transaction, the insider owned 7,057 shares in the company, valued at approximately $2,033,333.41. The trade was a 27.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of Accenture stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the completion of the transaction, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at $2,298,380.79. This represents a 30.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 22,088 shares of company stock worth $5,970,434. Insiders own 0.02% of the company’s stock.

Accenture Stock Performance

ACN stock opened at $222.10 on Friday. The firm has a 50 day simple moving average of $267.59 and a 200 day simple moving average of $255.31. Accenture PLC has a 52 week low of $215.16 and a 52 week high of $392.02. The stock has a market cap of $136.73 billion, a P/E ratio of 18.36, a P/E/G ratio of 2.22 and a beta of 1.24. 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 (NYSE:ACN) last posted its quarterly 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. The company had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the business earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

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 given a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.9%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Wall Street Analyst Weigh In

A number of research firms recently commented on ACN. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Rothschild & Co Redburn lifted their price target on Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Evercore restated an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Finally, Guggenheim upped their price target on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a report on Monday, December 15th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and a consensus target price of $298.38.

Accenture 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.