Accenture PLC $ACN Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its position in shares of Accenture PLC (NYSE:ACN) by 6.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 67,506 shares of the information technology services provider’s stock after selling 4,277 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Accenture were worth $16,647,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after buying an additional 4,905 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Accenture by 46.9% in the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after acquiring an additional 660 shares in the last quarter. Blossom Wealth Management boosted its position in shares of Accenture by 14.9% during the 2nd quarter. Blossom Wealth Management now owns 1,089 shares of the information technology services provider’s stock worth $325,000 after purchasing an additional 141 shares in the last quarter. KWB Wealth purchased a new position in shares of Accenture in the 2nd quarter valued at about $547,000. Finally, RBA Wealth Management LLC lifted its stake in shares of Accenture by 13.0% in the second quarter. RBA Wealth Management LLC now owns 8,277 shares of the information technology services provider’s stock valued at $2,474,000 after purchasing an additional 951 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

NYSE ACN opened at $281.00 on Monday. 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 company has a market capitalization of $172.99 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. The business’s 50-day moving average price is $267.78 and its 200 day moving average price is $258.09. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same period in the prior year, the firm posted $3.59 EPS. The company’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ACN shares. Wolfe Research increased their target price on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. Evercore ISI reaffirmed an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Susquehanna upped their target price on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Finally, Rothschild & Co Redburn raised their target price on shares of Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, January 5th. Sixteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $297.81.

Insider Transactions at Accenture

In other Accenture news, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the completion of the sale, the insider 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction dated 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 owned 7,123 shares in the company, valued at approximately $1,994,440. This trade represents a 6.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 21,674 shares of company stock valued at $5,661,414. Corporate insiders own 0.02% of the company’s stock.

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.