Accenture PLC $ACN is Navera Investment Management Ltd.'s 9th Largest Position

Key Points

• Navera Investment Management Ltd. increased its holdings in Accenture PLC by 14.6%, making it the 9th largest position in their portfolio, which comprises approximately 5.1% of their total investments.
• Accenture's latest earnings report showed a quarterly EPS of $3.03, beating estimates, with revenue reaching $17.60 billion, marking a 7.3% increase year-over-year.
• The company has revised its quarterly dividend to $1.63 per share, up from $1.48, resulting in an annualized dividend yield of 2.6% and a payout ratio of 48.72%.

Navera Investment Management Ltd. increased its holdings in shares of Accenture PLC (NYSE:ACN - Free Report) by 14.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 945,828 shares of the information technology services provider's stock after acquiring an additional 120,763 shares during the period. Accenture makes up approximately 5.1% of Navera Investment Management Ltd.'s portfolio, making the stock its 9th biggest holding. Navera Investment Management Ltd. owned 0.15% of Accenture worth $282,547,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Accenture in the first quarter valued at about $31,000. Inlight Wealth Management LLC purchased a new position in Accenture in the first quarter valued at about $32,000. RMG Wealth Management LLC acquired a new stake in shares of Accenture during the 2nd quarter valued at approximately $33,000. WPG Advisers LLC purchased a new stake in shares of Accenture during the 1st quarter worth approximately $42,000. Finally, Atwood & Palmer Inc. increased its stake in Accenture by 407.4% in the 1st quarter. Atwood & Palmer Inc. now owns 137 shares of the information technology services provider's stock valued at $43,000 after purchasing an additional 110 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on ACN. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Accenture from $260.00 to $235.00 and set a "hold" rating on the stock in a research report on Friday, September 26th. Hsbc Global Res upgraded shares of Accenture to a "moderate sell" rating in a report on Monday, July 28th. HSBC dropped their target price on shares of Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Benchmark restated a "mixed" rating on shares of Accenture in a report on Friday, June 20th. Finally, Susquehanna dropped their target price on shares of Accenture from $330.00 to $270.00 and set a "neutral" rating for the company in a report on Thursday, September 18th. One research 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 company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $300.22.

Accenture Price Performance

Accenture stock opened at $251.42 on Wednesday. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The firm has a 50 day moving average price of $248.44 and a 200 day moving average price of $282.62. The company has a market cap of $157.47 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 2.16 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.42.

Accenture (NYSE:ACN - Get Free Report) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating analysts' consensus estimates 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%. Accenture's revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The company also recently announced 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 of this dividend is Friday, October 10th. This is an increase from Accenture's previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.6%. Accenture's dividend payout ratio is presently 48.72%.

Insider Buying and Selling

In related news, CEO Mauro Macchi sold 500 shares of Accenture 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 in the company, valued at approximately $644,582.22. The trade was a 17.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction 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 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 2,954 shares of company stock worth $834,280. Insiders own 0.02% of the company's stock.

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.

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