VIRGINIA RETIREMENT SYSTEMS ET Al Purchases 15,700 Shares of Accenture PLC $ACN

by · The Cerbat Gem

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of Accenture PLC (NYSE:ACNFree Report) by 10.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,928 shares of the information technology services provider’s stock after buying an additional 15,700 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Accenture were worth $41,658,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in 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 acquiring an additional 4,905 shares during the period. Focus Partners Advisor Solutions LLC grew its stake in shares of Accenture by 37.1% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 9,470 shares of the information technology services provider’s stock valued at $2,955,000 after purchasing an additional 2,564 shares during the period. EP Wealth Advisors LLC raised its holdings in shares of Accenture by 193.0% in the 1st quarter. EP Wealth Advisors LLC now owns 73,055 shares of the information technology services provider’s stock worth $22,796,000 after buying an additional 48,120 shares in the last quarter. Unisphere Establishment lifted its position in shares of Accenture by 15.5% during the 1st quarter. Unisphere Establishment now owns 21,600 shares of the information technology services provider’s stock worth $6,740,000 after buying an additional 2,900 shares during the period. Finally, Aprio Wealth Management LLC boosted its stake in Accenture by 2.1% in 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 buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Down 0.5%

Shares of ACN opened at $269.94 on Wednesday. The stock’s fifty day simple moving average is $256.83 and its 200-day simple moving average is $261.05. The firm has a market capitalization of $166.18 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 2.62 and a beta of 1.26. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. 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 (NYSE:ACNGet Free Report) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping 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 firm had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same period last year, the company earned $3.59 earnings per share. 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, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s payout ratio is currently 53.88%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Susquehanna boosted their target price on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. TD Cowen lifted their target price on shares of Accenture from $295.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Guggenheim increased their price target on Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $296.83.

Check Out Our Latest Analysis on ACN

Insider Buying and Selling at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 5,917 shares of the stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total value of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares of the company’s stock, valued at approximately $2,120,685.38. This represents a 40.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the transaction, the chief executive officer owned 1,390 shares of the company’s stock, valued at $346,763.30. The trade was a 64.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 33,319 shares of company stock worth $8,335,225. Insiders own 0.02% of the company’s stock.

Accenture Profile

(Free Report)

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.

Featured Stories