Nordea Investment Management AB Trims Holdings in Accenture PLC $ACN

Nordea Investment Management AB trimmed its position in shares of Accenture PLC (NYSE:ACN) by 25.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 505,028 shares of the information technology services provider’s stock after selling 172,565 shares during the period. Nordea Investment Management AB’s holdings in Accenture were worth $150,104,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Viawealth LLC lifted its stake in Accenture by 2.6% during the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after acquiring an additional 33 shares during the period. Aprio Wealth Management LLC lifted its stake in Accenture by 2.1% during the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after acquiring an additional 33 shares during the period. First National Advisers LLC lifted its stake in Accenture by 0.4% during the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock valued at $2,939,000 after acquiring an additional 34 shares during the period. TCTC Holdings LLC lifted its stake in Accenture by 14.5% during the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after acquiring an additional 34 shares during the period. Finally, Texas Bank & Trust Co lifted its stake in Accenture by 0.4% during the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock valued at $2,553,000 after acquiring an additional 35 shares during the period. 75.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Rothschild & Co Redburn upped their target price on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Wolfe Research decreased their price target on shares of Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Rothschild Redb downgraded shares of Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. decreased their target price on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $300.22.

Accenture Price Performance

NYSE ACN opened at $238.46 on Friday. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The stock has a market cap of $157.02 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 2.04 and a beta of 1.28. The company’s 50 day moving average is $246.78 and its two-hundred day moving average is $279.16. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. Accenture’s dividend payout ratio (DPR) is 53.66%.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.