Dearborn Partners LLC Has $29.91 Million Stock Holdings in Accenture PLC $ACN

Dearborn Partners LLC boosted its position in Accenture PLC (NYSE:ACN) by 14.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 121,270 shares of the information technology services provider’s stock after buying an additional 14,977 shares during the quarter. Dearborn Partners LLC’s holdings in Accenture were worth $29,905,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC boosted its stake in shares of Accenture by 1.2% in 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 purchasing an additional 43 shares during the last quarter. Alpha Cubed Investments LLC lifted its holdings in Accenture by 6.4% in the second quarter. Alpha Cubed Investments LLC now owns 744 shares of the information technology services provider’s stock valued at $222,000 after buying an additional 45 shares during the period. Councilmark Asset Management LLC boosted its stake 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 valued at $2,793,000 after acquiring an additional 45 shares during the last quarter. Investors Research Corp grew its holdings in 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 acquiring an additional 45 shares during the period. Finally, WP Advisors LLC raised its position in shares of Accenture by 1.0% during the 2nd quarter. WP Advisors LLC now owns 4,719 shares of the information technology services provider’s stock valued at $1,410,000 after acquiring an additional 46 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Stock Performance

Shares of ACN opened at $215.45 on Friday. The firm has a market cap of $132.63 billion, a P/E ratio of 17.81, a PEG ratio of 2.07 and a beta of 1.24. Accenture PLC has a twelve month low of $211.06 and a twelve month high of $382.77. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The firm’s 50 day moving average price is $261.67 and its two-hundred day moving average price is $253.30.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 10.76% and a return on equity of 26.65%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Tuesday, January 13th. Accenture’s payout ratio is 53.88%.

Insider Buying and Selling at Accenture

In related news, CEO John F. Walsh sold 3,986 shares of Accenture stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total value of $1,101,650.68. Following the sale, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Julie Spellman Sweet sold 6,057 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the completion of the sale, the chief executive officer owned 15,255 shares in the company, valued at $3,679,963.65. The trade was a 28.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 22,088 shares of company stock valued at $5,970,434 in the last 90 days. 0.02% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ACN shares. Royal Bank Of Canada set a $300.00 price objective on Accenture in a research note on Thursday, December 18th. Wells Fargo & Company boosted their target price on Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. Jefferies Financial Group increased their price target on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, January 8th. Rothschild & Co Redburn boosted their price objective on shares of Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, January 5th. Finally, Susquehanna increased their target price on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.