Sava Infond d.o.o. Acquires 2,000 Shares of Accenture PLC $ACN

Sava Infond d.o.o. grew its holdings in Accenture PLC (NYSE:ACN) by 16.0% in the 2nd quarter, Holdings Channel reports. The fund owned 14,470 shares of the information technology services provider’s stock after purchasing an additional 2,000 shares during the quarter. Sava Infond d.o.o.’s holdings in Accenture were worth $4,325,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ACN. Price T Rowe Associates Inc. MD increased its holdings in shares of Accenture by 63.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock worth $2,793,889,000 after acquiring an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Accenture by 5.7% during the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock worth $19,912,594,000 after buying an additional 3,419,577 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Accenture by 2,782.1% during the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock worth $450,985,000 after buying an additional 1,395,135 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Accenture by 23.5% during the first quarter. Invesco Ltd. now owns 2,823,228 shares of the information technology services provider’s stock worth $880,960,000 after buying an additional 537,223 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in shares of Accenture by 340.7% during the first quarter. Jacobs Levy Equity Management Inc. now owns 464,864 shares of the information technology services provider’s stock worth $145,056,000 after buying an additional 359,389 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ACN has been the subject of a number of research reports. Evercore ISI set a $280.00 price objective on Accenture in a report on Thursday, September 25th. The Goldman Sachs Group decreased their price objective on Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a report on Friday, September 26th. Wolfe Research decreased their price objective on Accenture from $290.00 to $285.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. JPMorgan Chase & Co. decreased their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, September 26th. Finally, Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Insider Transactions at Accenture

In related news, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the completion of the sale, the chief executive officer directly owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. This trade represents a 21.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $141,170.00. Following the completion of the sale, the chief executive officer owned 2,283 shares of the company’s stock, valued at $644,582.22. This trade represents a 17.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 2,954 shares of company stock worth $834,280. 0.02% of the stock is owned by company insiders.

Accenture Stock Up 0.4%

ACN stock opened at $245.39 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The business has a 50 day moving average price of $249.57 and a two-hundred day moving average price of $283.65. The company has a market cap of $153.69 billion, a price-to-earnings ratio of 20.20, a P/E/G ratio of 2.13 and a beta of 1.28.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same period in the previous year, the company posted $2.66 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be paid a dividend of $1.63 per share. The ex-dividend date is Friday, October 10th. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio is presently 48.72%.

About Accenture

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.