Navera Investment Management Ltd. Sells 11,757 Shares of Accenture PLC $ACN

Navera Investment Management Ltd. reduced its holdings in shares of Accenture PLC (NYSE:ACN) by 1.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 934,071 shares of the information technology services provider’s stock after selling 11,757 shares during the quarter. Accenture accounts for 4.4% of Navera Investment Management Ltd.’s portfolio, making the stock its 13th biggest holding. Navera Investment Management Ltd. owned about 0.14% of Accenture worth $230,399,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of ACN. Sanders Capital LLC acquired a new position in Accenture during the second quarter valued at $2,637,640,000. Norges Bank purchased a new stake in shares of Accenture in the second quarter worth about $2,216,850,000. Vanguard Group Inc. grew its holdings in Accenture by 2.1% during the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after acquiring an additional 1,315,548 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new position in Accenture in the second quarter valued at approximately $308,000. Finally, Flossbach Von Storch SE grew its stake in shares of Accenture by 48.0% during the 2nd quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock worth $719,966,000 after purchasing an additional 781,211 shares during the period. Institutional investors own 75.14% of the company’s stock.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. This trade represents a 78.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $280.00, for a total transaction of $140,000.00. Following the transaction, the chief executive officer directly owned 7,123 shares in the company, valued at approximately $1,994,440. The trade was a 6.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 40,076 shares of company stock worth $10,256,788. 0.02% of the stock is currently owned by insiders.

Accenture Stock Performance

NYSE ACN opened at $286.33 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. The stock’s 50 day simple moving average is $264.19 and its 200-day simple moving average is $259.12. The company has a market cap of $176.27 billion, a PE ratio of 23.66, a price-to-earnings-growth 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.

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, 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 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 EPS. The firm’s revenue for the quarter 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, equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

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

Analyst Ratings Changes

ACN has been the topic of a number of recent analyst reports. Susquehanna increased their price target on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Evercore ISI reissued an “outperform” rating and set a $300.00 target price on shares of Accenture in a research note on Thursday, December 18th. Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. UBS Group reaffirmed a “buy” rating on shares of Accenture in a report on Wednesday, January 7th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $297.20.

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.