Valley Wealth Managers Inc. Buys 19,169 Shares of Accenture PLC $ACN

Valley Wealth Managers Inc. grew its stake in Accenture PLC (NYSE:ACN) by 33.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,262 shares of the information technology services provider’s stock after acquiring an additional 19,169 shares during the quarter. Valley Wealth Managers Inc.’s holdings in Accenture were worth $18,806,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Accenture by 36.2% during 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 acquiring an additional 4,905 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Accenture by 46.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after purchasing an additional 660 shares during the last quarter. PFG Investments LLC increased its holdings in shares of Accenture by 14.3% in the 2nd quarter. PFG Investments LLC now owns 3,040 shares of the information technology services provider’s stock worth $909,000 after purchasing an additional 381 shares in the last quarter. SOA Wealth Advisors LLC. lifted its holdings in shares of Accenture by 75.6% during the second quarter. SOA Wealth Advisors LLC. now owns 548 shares of the information technology services provider’s stock valued at $164,000 after purchasing an additional 236 shares in the last quarter. Finally, Precision Wealth Strategies LLC purchased a new stake in shares of Accenture during the second quarter valued at $564,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

ACN has been the subject of a number of recent analyst reports. Wall Street Zen lowered Accenture from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. UBS Group cut shares of Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. HSBC boosted their target price on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Accenture in a report on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $298.38.

Insider Transactions at Accenture

In other news, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the transaction, the chief accounting officer directly owned 8,179 shares in the company, valued at approximately $2,298,380.79. This represents a 30.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the sale, the chief executive officer owned 27,221 shares in the company, valued at $7,523,339.98. This represents a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 21,934 shares of company stock valued at $5,965,166. 0.02% of the stock is owned by insiders.

Accenture Price Performance

Shares of Accenture stock opened at $261.01 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The stock’s 50-day simple moving average is $270.28 and its 200-day simple moving average is $258.11. The company has a market capitalization of $160.68 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 2.60 and a beta of 1.25.

Accenture (NYSE:ACN) last announced its quarterly earnings data 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 net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same period last 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. As a group, analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is 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.