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

Key Points

• Sava Infond d.o.o. increased its stake in Accenture PLC by 16% by acquiring 2,000 additional shares, bringing its total holdings to 14,470 shares valued at approximately $4.3 million.
• Accenture recently reported quarterly earnings of $3.03 per share, exceeding estimates, with revenues reaching $17.60 billion, up 7.3% from the previous year.
• The company has declared a quarterly dividend increase to $1.63, effective November 14, signifying a rise from the previous dividend of $1.48.

Sava Infond d.o.o. raised its stake in Accenture PLC (NYSE:ACN - Free Report) by 16.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,470 shares of the information technology services provider's stock after acquiring an additional 2,000 shares during the period. Sava Infond d.o.o.'s holdings in Accenture were worth $4,325,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ACN. Brighton Jones LLC grew its position 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. RFG Advisory LLC grew its position in Accenture by 4.7% in the first quarter. RFG Advisory LLC now owns 3,187 shares of the information technology services provider's stock valued at $995,000 after acquiring an additional 143 shares during the period. Vest Financial LLC grew its position in Accenture by 30.1% in the first quarter. Vest Financial LLC now owns 119,916 shares of the information technology services provider's stock valued at $37,419,000 after acquiring an additional 27,769 shares during the period. Signal Advisors Wealth LLC grew its position in Accenture by 15.5% in the first quarter. Signal Advisors Wealth LLC now owns 3,863 shares of the information technology services provider's stock valued at $1,206,000 after acquiring an additional 518 shares during the period. Finally, Atwater Malick LLC boosted its stake in Accenture by 2.5% in the first quarter. Atwater Malick LLC now owns 39,021 shares of the information technology services provider's stock worth $12,176,000 after purchasing an additional 942 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Insider Activity at Accenture

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the company's stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the sale, the chief executive officer owned 8,109 shares in the company, valued at approximately $2,290,387.05. This represents a 21.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Mauro Macchi sold 500 shares of the company's stock in a transaction dated 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 represents a 17.97% 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. 0.02% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on ACN. Hsbc Global Res raised Accenture to a "moderate sell" rating in a research note on Monday, July 28th. The Goldman Sachs Group reduced their price objective on Accenture from $370.00 to $330.00 and set a "buy" rating on the stock in a research note on Friday, September 26th. Morgan Stanley reduced their price objective on Accenture from $325.00 to $271.00 and set an "equal weight" rating on the stock in a research note on Tuesday, September 9th. BMO Capital Markets reduced their price objective on Accenture from $325.00 to $270.00 and set a "market perform" rating on the stock in a research note on Friday, September 26th. Finally, Rothschild & Co Redburn boosted their price objective on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $300.22.

Accenture Trading Up 0.4%

Shares of ACN 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 12-month low of $229.40 and a 12-month high of $398.35. The firm has a market capitalization of $153.69 billion, a PE ratio of 20.20, a price-to-earnings-growth ratio of 2.13 and a beta of 1.28. The stock's fifty day simple moving average is $249.57 and its 200-day simple moving average is $283.65.

Accenture (NYSE:ACN - Get Free Report) last issued its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. This is a boost from Accenture's previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 10th. Accenture's dividend payout ratio is currently 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.

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