Accenture PLC $ACN Holdings Lowered by Vestcor Inc

Key Points

• Vestcor Inc. cut its stake in Accenture by 31.9% in Q3, selling 10,497 shares and ending the period with 22,384 shares valued at about $5.52 million per its latest 13F filing.
• Insiders have been net sellers recently — CAO Melissa Burgum sold 3,588 shares and General Counsel Joel Unruch sold 1,332, with insiders disposing of 22,088 shares worth $5.97 million over the past 90 days and retaining just 0.02% ownership.
• Accenture beat quarterly EPS expectations ($3.94 vs. $3.73), set FY2026 EPS guidance of $13.52–$13.90, pays a $1.63 quarterly dividend (≈3.1% yield), and maintains a "Moderate Buy" analyst consensus with an average price target of $291.69.

Vestcor Inc reduced its stake in Accenture PLC (NYSE:ACN - Free Report) by 31.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,384 shares of the information technology services provider's stock after selling 10,497 shares during the period. Vestcor Inc's holdings in Accenture were worth $5,520,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. LGT Fund Management Co Ltd. increased its position in shares of Accenture by 26.8% during the 3rd quarter. LGT Fund Management Co Ltd. now owns 11,345 shares of the information technology services provider's stock valued at $2,765,000 after purchasing an additional 2,400 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Accenture by 10.5% in the third quarter. Russell Investments Group Ltd. now owns 1,025,939 shares of the information technology services provider's stock valued at $253,026,000 after buying an additional 97,459 shares during the period. Dundas Partners LLP boosted its stake in Accenture by 15.2% during the third quarter. Dundas Partners LLP now owns 145,882 shares of the information technology services provider's stock valued at $35,975,000 after buying an additional 19,285 shares in the last quarter. Nutshell Asset Management Ltd acquired a new position in Accenture during the third quarter worth about $3,514,000. Finally, Private Advisor Group LLC raised its position in Accenture by 11.5% in the third quarter. Private Advisor Group LLC now owns 40,080 shares of the information technology services provider's stock worth $9,884,000 after acquiring an additional 4,144 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company's stock.

Insider Transactions at Accenture

In other news, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the transaction, the chief accounting officer owned 8,179 shares in the company, valued at $2,298,380.79. This represents a 30.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Joel Unruch sold 1,332 shares of Accenture stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total transaction of $366,300.00. Following the completion of the sale, the general counsel directly owned 28,207 shares of the company's stock, valued at approximately $7,756,925. The trade was a 4.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,088 shares of company stock valued at $5,970,434 in the last ninety days. 0.02% of the stock is currently owned by insiders.

Accenture Trading Down 2.7%

NYSE ACN opened at $209.18 on Tuesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 1-year low of $188.73 and a 1-year high of $339.90. The firm's fifty day simple moving average is $247.40 and its 200-day simple moving average is $250.32. The company has a market capitalization of $128.77 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 2.07 and a beta of 1.28.

Accenture (NYSE:ACN - Get Free Report) last released 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 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 analysts' expectations of $18.51 billion. During the same quarter last year, the firm earned $3.59 earnings per share. The business'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, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were issued a $1.63 dividend. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 3.1%. Accenture's dividend payout ratio is currently 53.88%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ACN shares. Citigroup reduced their price objective on shares of Accenture from $266.00 to $215.00 and set a "neutral" rating for the company in a research report on Wednesday, February 25th. UBS Group downgraded shares of Accenture from a "buy" rating to a "hold" rating in a report on Thursday, January 22nd. Rothschild & Co Redburn raised their target price on shares of Accenture from $205.00 to $210.00 and gave the stock a "neutral" rating in a report on Monday, January 5th. Wells Fargo & Company lifted their price target on shares of Accenture from $251.00 to $275.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 14th. Finally, Guggenheim increased their price objective on Accenture from $285.00 to $305.00 and gave the company a "buy" rating in a research report on Monday, December 15th. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, Accenture presently has a consensus rating of "Moderate Buy" and an average price target of $291.69.

Accenture 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.

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