Mn Services Vermogensbeheer B.V. Raises Stake in Accenture PLC $ACN

Mn Services Vermogensbeheer B.V. raised its position in Accenture PLC (NYSE:ACN) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 238,266 shares of the information technology services provider’s stock after purchasing an additional 4,200 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Accenture were worth $58,756,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of ACN. Vanguard Group Inc. increased its holdings in Accenture by 2.1% in the second 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 last quarter. State Street Corp boosted its position in shares of Accenture by 1.2% during the 2nd quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock worth $8,373,925,000 after acquiring an additional 326,979 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Accenture by 1.1% in the 2nd 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 last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Accenture by 12.8% during the 3rd 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 in the last quarter. Finally, Sanders Capital LLC purchased a new stake in Accenture during the second quarter worth approximately $2,637,640,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Julie Spellman Sweet sold 1,694 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.30, for a total value of $488,380.20. Following the completion of the sale, the chief executive officer owned 37,346 shares in the company, valued at $10,766,851.80. This trade represents a 4.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Joel Unruch sold 1,332 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel owned 28,207 shares in the company, valued at $7,756,925. The trade was a 4.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 21,674 shares of company stock worth $5,661,414 over the last quarter. Insiders own 0.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. UBS Group lowered shares of Accenture from a “buy” rating to a “hold” rating in a research note on Thursday. Mizuho dropped their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Citigroup raised shares of Accenture to a “hold” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on Accenture from $235.00 to $265.00 and gave the stock a “hold” rating in a report on Wednesday, December 10th. Finally, Guggenheim boosted their target price on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a report on Monday, December 15th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $297.81.

Accenture Stock Performance

Shares of ACN stock opened at $281.00 on Friday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock’s 50-day moving average price is $267.78 and its 200 day moving average price is $258.67. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $172.99 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 2.75 and a beta of 1.25.

Accenture (NYSE:ACN) last released its earnings results 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 return on equity of 26.65% and a net margin of 10.76%.The business had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same quarter in the previous year, the company posted $3.59 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities research analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Dividend Announcement

The company 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. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.3%. Accenture’s dividend payout ratio is presently 53.88%.

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.