Universal Beteiligungs und Servicegesellschaft mbH Boosts Holdings in Accenture PLC $ACN

Universal Beteiligungs und Servicegesellschaft mbH raised its position in Accenture PLC (NYSE:ACNFree Report) by 5.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 694,520 shares of the information technology services provider’s stock after buying an additional 33,259 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Accenture worth $171,269,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Firethorn Wealth Partners LLC increased its position in Accenture by 4.4% during the 2nd quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock worth $255,000 after purchasing an additional 36 shares during the period. Wealthcare Advisory Partners LLC lifted its holdings in Accenture by 0.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock valued at $1,465,000 after acquiring an additional 38 shares during the period. Capital Advisors Ltd. LLC grew its stake in shares of Accenture by 3.5% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock worth $363,000 after purchasing an additional 41 shares during the period. Silver Oak Securities Incorporated increased its holdings in shares of Accenture by 5.2% in the 2nd quarter. Silver Oak Securities Incorporated now owns 857 shares of the information technology services provider’s stock valued at $256,000 after purchasing an additional 42 shares in the last quarter. Finally, Omnia Family Wealth LLC boosted its holdings in Accenture by 5.2% during the second quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock worth $253,000 after buying an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling at Accenture

In other news, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the transaction, the insider directly owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. The trade was a 27.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $280.00, for a total transaction of $140,000.00. Following the sale, the chief executive officer directly owned 7,123 shares of the company’s stock, valued at approximately $1,994,440. The trade was a 6.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 21,674 shares of company stock valued at $5,661,414. 0.02% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Robert W. Baird lowered their price target on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Royal Bank Of Canada set a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. The Goldman Sachs Group reissued a “buy” rating and set a $330.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Jefferies Financial Group raised their price target on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. Finally, Guggenheim upped their price objective on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average price target of $297.20.

Get Our Latest Analysis on ACN

Accenture Trading Down 4.8%

Shares of ACN stock opened at $272.45 on Wednesday. The firm’s 50-day simple moving average is $265.62 and its 200-day simple moving average is $258.47. 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 1-year low of $229.40 and a 1-year high of $398.35. The firm has a market cap of $167.72 billion, a P/E ratio of 22.52, a PEG ratio of 2.76 and a beta of 1.25.

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

Accenture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors 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 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is 53.88%.

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.

See Also

Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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