Accenture PLC $ACN Shares Purchased by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations raised its holdings in Accenture PLC (NYSE:ACN) by 19.5% during the third quarter, HoldingsChannel.com reports. The firm owned 161,664 shares of the information technology services provider’s stock after buying an additional 26,426 shares during the period. Accenture makes up about 1.7% of Caisse Des Depots ET Consignations’ portfolio, making the stock its 12th biggest holding. Caisse Des Depots ET Consignations’ holdings in Accenture were worth $39,866,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Sanders Capital LLC acquired a new position in Accenture during the 2nd quarter worth $2,637,640,000. Norges Bank acquired a new position in Accenture in the second quarter worth about $2,216,850,000. Vanguard Group Inc. increased its holdings in Accenture by 2.1% in the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Accenture by 12.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after buying an additional 1,148,970 shares in the last quarter. Finally, Flossbach Von Storch SE lifted its holdings in Accenture by 48.0% during the 2nd quarter. Flossbach Von Storch SE now owns 2,408,800 shares of the information technology services provider’s stock worth $719,966,000 after buying an additional 781,211 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

Shares of NYSE:ACN opened at $230.57 on Thursday. The firm’s 50 day moving average is $268.54 and its two-hundred day moving average is $255.54. The firm has a market capitalization of $141.94 billion, a P/E ratio of 19.06, a PEG ratio of 2.32 and a beta of 1.24. 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 52 week low of $228.83 and a 52 week high of $392.02.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, January 13th. Accenture’s payout ratio is currently 53.88%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ACN shares. Evercore reissued an “outperform” rating and set a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. Wells Fargo & Company boosted their target price on shares of Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price target on shares of Accenture in a research report on Thursday, December 18th. Jefferies Financial Group boosted their price objective on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, January 8th. Finally, Rothschild & Co Redburn increased their price objective on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

Insiders Place Their Bets

In related news, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the completion of 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 filing with the SEC, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 6,057 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the sale, the chief executive officer owned 15,255 shares in the company, valued at $3,679,963.65. This trade represents a 28.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 22,088 shares of company stock valued at $5,970,434. Corporate insiders own 0.02% of the company’s stock.

About Accenture

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.