Accenture PLC $ACN Shares Bought by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in Accenture PLC (NYSE:ACNFree Report) by 95.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,000 shares of the information technology services provider’s stock after acquiring an additional 3,900 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Accenture were worth $1,973,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ACN. Vanguard Group Inc. increased its holdings 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 buying an additional 1,315,548 shares during the last quarter. State Street Corp boosted its holdings in Accenture by 1.2% in the second quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock valued at $8,373,925,000 after acquiring an additional 326,979 shares during the last quarter. Geode Capital Management LLC grew its position in Accenture by 1.1% during the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after acquiring an additional 147,931 shares during the period. Massachusetts Financial Services Co. MA increased its stake 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 last quarter. Finally, Sanders Capital LLC purchased a new position in shares of Accenture in the 2nd quarter worth about $2,637,640,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ACN. UBS Group cut Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Rothschild & Co Redburn boosted their price objective on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Guggenheim increased their price objective on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Argus cut their target price on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. Finally, HSBC lifted their target price on shares of Accenture from $215.00 to $235.00 in a report on Friday, December 19th. 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, the stock has an average rating of “Moderate Buy” and an average target price of $291.69.

Check Out Our Latest Report on Accenture

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

Accenture Stock Up 1.5%

NYSE ACN opened at $217.12 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a fifty-two week low of $188.73 and a fifty-two week high of $342.89. The business has a 50 day moving average price of $248.64 and a two-hundred day moving average price of $250.66. The stock has a market cap of $133.66 billion, a PE ratio of 17.94, a P/E/G ratio of 2.07 and a beta of 1.27.

Accenture (NYSE:ACNGet Free Report) last posted its quarterly earnings data 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. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same quarter last year, the firm posted $3.59 earnings per share. The business’s quarterly revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were issued 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 3.0%. Accenture’s payout ratio is currently 53.88%.

Insider Buying and Selling

In other Accenture news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the transaction, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of Accenture stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the sale, the general counsel directly owned 28,207 shares in the company, valued at approximately $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,088 shares of company stock worth $5,970,434 over the last quarter. Company insiders own 0.02% of the company’s stock.

About Accenture

(Free Report)

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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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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