Iyo Bank Ltd. trimmed its position in Accenture PLC (NYSE:ACN – Free Report) by 15.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,682 shares of the information technology services provider’s stock after selling 4,056 shares during the period. Accenture comprises about 2.0% of Iyo Bank Ltd.’s investment portfolio, making the stock its 20th largest position. Iyo Bank Ltd.’s holdings in Accenture were worth $5,347,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of ACN. Brighton Jones LLC boosted its stake in Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Accenture by 46.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after acquiring an additional 660 shares during the period. United Bank boosted its position in shares of Accenture by 49.8% in the second quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock worth $1,088,000 after acquiring an additional 1,209 shares during the last quarter. Bessemer Group Inc. increased its position in Accenture by 2.7% during the second quarter. Bessemer Group Inc. now owns 34,673 shares of the information technology services provider’s stock worth $10,365,000 after purchasing an additional 913 shares during the last quarter. Finally, May Hill Capital LLC purchased a new position in Accenture during the second quarter worth approximately $223,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Accenture Stock Down 2.6%
ACN opened at $191.62 on Thursday. The stock’s 50 day moving average price is $257.04 and its 200 day moving average price is $252.37. The stock has a market cap of $117.96 billion, a P/E ratio of 15.84, a P/E/G ratio of 1.89 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. Accenture PLC has a 12 month low of $188.73 and a 12 month high of $363.01.
Accenture Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were paid a $1.63 dividend. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 3.4%. Accenture’s payout ratio is 53.88%.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on ACN. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Susquehanna increased their target price on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. Jefferies Financial Group raised their target price on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Accenture from $265.00 to $280.00 and gave the stock a “hold” rating in a research report on Monday, January 26th. Sixteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $296.42.
Read Our Latest Analysis on Accenture
Insider Transactions at Accenture
In related news, General Counsel Joel Unruch sold 1,332 shares of the company’s stock in a transaction on 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 sale, the general counsel directly owned 28,207 shares in the company, valued at approximately $7,756,925. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Melissa A. Burgum sold 3,588 shares of the business’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the sale, the chief accounting officer owned 8,179 shares of the company’s stock, valued at $2,298,380.79. The trade was a 30.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,088 shares of company stock valued at $5,970,434 in the last ninety days. 0.02% of the stock is currently owned by insiders.
Accenture News Summary
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture Ventures led a $9M Series A in Profitmind, reinforcing ACN’s push into retail AI platforms and early-stage AI deal flow that could feed future services revenue. Profitmind Raises $9 Million Series A Led by Accenture Ventures
- Positive Sentiment: Accenture agreed to acquire Verum Partners to expand capital‑projects capabilities in Latin America — a targeted tuck‑in to grow industry-specific consulting revenue in infrastructure and energy. Accenture to Acquire Verum Partners
- Positive Sentiment: UBS flagged Accenture’s selloff as an opportunity tied to its AI positioning — suggesting some investors view the pullback as a buying window given ACN’s AI partnerships and services exposure. Accenture offers AI opportunity after selloff, UBS says
- Neutral Sentiment: Coverage and feature pieces question how Accenture’s multi‑partner AI strategy (OpenAI alliances, internal AI culture changes) will convert into near‑term profits — these are constructive long‑term moves but raise execution and valuation questions in the near term. Accenture’s Frontier Alliance Role And AI Culture Shift Raise Valuation Question
- Neutral Sentiment: ACN is a trending stock with heightened retail and analyst attention; that can increase volatility but not directly change fundamentals. Accenture PLC (ACN) Is a Trending Stock
- Negative Sentiment: Citigroup cut its price target to $215 from $266 and kept a neutral rating — the cut reduces near‑term analyst support and likely pressured sentiment. Citigroup adjusts price target on Accenture to $215
- Negative Sentiment: Short interest jumped ~24.5% in February to ~15.2M shares (about 2.5% of float) with a ~2.3 days-to-cover — a meaningful rise in bearish positions that can amplify downward pressure and volatility.
- Negative Sentiment: Recent coverage and market moves highlight a near‑term selloff driven by concerns about enterprise IT spending and discretionary consulting budgets; several headlines note the stock has weakened after recent declines. Accenture Stock’s Road To $260
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.
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