River Wealth Advisors LLC Increases Holdings in Accenture PLC $ACN

River Wealth Advisors LLC boosted its position in Accenture PLC (NYSE:ACN) by 6.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,895 shares of the information technology services provider’s stock after buying an additional 3,455 shares during the period. Accenture makes up approximately 1.7% of River Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest holding. River Wealth Advisors LLC’s holdings in Accenture were worth $14,770,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Sanders Capital LLC purchased a new position in shares of Accenture during the second quarter worth $2,637,640,000. Norges Bank purchased a new position in shares of Accenture during the 2nd quarter valued at about $2,216,850,000. Vanguard Group Inc. lifted its holdings in shares of Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Accenture by 12.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after acquiring an additional 1,148,970 shares during the period. Finally, Flossbach Von Storch SE raised its position in Accenture by 48.0% during 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 acquiring an additional 781,211 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Price Performance

Shares of Accenture stock opened at $208.35 on Friday. The stock has a market capitalization of $128.26 billion, a P/E ratio of 17.22, a PEG ratio of 2.01 and a beta of 1.24. The business has a 50 day simple moving average of $254.50 and a two-hundred day simple moving average of $251.95. Accenture PLC has a 12 month low of $188.73 and a 12 month high of $359.14. 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 (NYSE:ACN) last issued its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the business earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were given a dividend of $1.63 per share. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 3.1%. Accenture’s payout ratio is presently 53.88%.

Insider Activity at Accenture

In other Accenture news, General Counsel Joel Unruch sold 1,026 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $281.70, for a total value of $289,024.20. Following the transaction, the general counsel directly owned 27,181 shares of the company’s stock, valued at $7,656,887.70. This trade represents a 3.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Julie Spellman Sweet sold 6,057 shares of the 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 directly owned 15,255 shares of the company’s stock, valued at approximately $3,679,963.65. This represents a 28.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 22,088 shares of company stock worth $5,970,434 in the last 90 days. 0.02% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ACN. The Goldman Sachs Group reaffirmed a “buy” rating and set a $330.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Argus dropped their price target on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Truist Financial started coverage on shares of Accenture in a research note on Tuesday, January 6th. They set a “buy” rating and a $317.00 target price on the stock. Evercore restated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Finally, Royal Bank Of Canada set a $300.00 price target on Accenture in a research report on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $296.42.

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.