Vaughan David Investments LLC IL Acquires 5,963 Shares of Accenture PLC $ACN

Vaughan David Investments LLC IL boosted its holdings in Accenture PLC (NYSE:ACN) by 4.4% during the third quarter, Holdings Channel.com reports. The fund owned 142,537 shares of the information technology services provider’s stock after buying an additional 5,963 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Accenture were worth $35,150,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Inscription Capital LLC raised its stake in Accenture by 30.8% in the third quarter. Inscription Capital LLC now owns 10,016 shares of the information technology services provider’s stock valued at $2,470,000 after purchasing an additional 2,361 shares in the last quarter. QTR Family Wealth LLC raised its position in shares of Accenture by 122.3% during the 3rd quarter. QTR Family Wealth LLC now owns 1,676 shares of the information technology services provider’s stock valued at $413,000 after buying an additional 922 shares in the last quarter. Slow Capital Inc. lifted its holdings in shares of Accenture by 30.8% during the 3rd quarter. Slow Capital Inc. now owns 22,207 shares of the information technology services provider’s stock worth $5,476,000 after acquiring an additional 5,229 shares during the last quarter. Turtle Creek Wealth Advisors LLC grew its position in Accenture by 97.9% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 3,442 shares of the information technology services provider’s stock worth $849,000 after acquiring an additional 1,703 shares in the last quarter. Finally, Nordwand Advisors LLC purchased a new stake in Accenture during the third quarter valued at about $5,842,000. Institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Accenture stock opened at $283.93 on Tuesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The firm has a market cap of $174.79 billion, a P/E ratio of 23.46, a P/E/G ratio of 2.76 and a beta of 1.25. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The firm has a 50-day moving average of $265.02 and a 200-day moving average of $258.69.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same quarter in the prior year, the company posted $3.59 EPS. Accenture’s quarterly revenue was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s payout ratio is presently 53.88%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ACN. Mizuho cut their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a report on Monday, September 29th. Truist Financial initiated coverage on shares of Accenture in a research note on Tuesday, January 6th. They set a “buy” rating and a $317.00 price target on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $330.00 target price on shares of Accenture in a report on Thursday, December 18th. Susquehanna boosted their price target on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Finally, Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $297.20.

Insider Transactions at Accenture

In other Accenture news, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction dated 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 $7,756,925. This trade represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Mauro Macchi sold 500 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $280.00, for a total value of $140,000.00. Following the completion of the transaction, the chief executive officer directly owned 7,123 shares of the company’s stock, valued at $1,994,440. This represents a 6.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 40,076 shares of company stock worth $10,256,788. 0.02% of the stock is owned by corporate insiders.

About Accenture

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.