Vinva Investment Management Ltd Sells 909 Shares of Accenture PLC $ACN

Vinva Investment Management Ltd reduced its holdings in Accenture PLC (NYSE:ACN) by 7.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,560 shares of the information technology services provider’s stock after selling 909 shares during the quarter. Vinva Investment Management Ltd’s holdings in Accenture were worth $3,416,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. C WorldWide Group Holding A S increased its stake in shares of Accenture by 35.9% in the 2nd quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock worth $2,435,000 after acquiring an additional 2,151 shares in the last quarter. Truist Financial Corp grew its holdings in Accenture by 7.0% in the second quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock worth $130,376,000 after purchasing an additional 28,685 shares during the period. Redwood Investments LLC increased its stake in shares of Accenture by 6.2% during the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock valued at $6,892,000 after purchasing an additional 1,287 shares in the last quarter. Prudential PLC lifted its holdings in shares of Accenture by 20.4% during the second quarter. Prudential PLC now owns 56,130 shares of the information technology services provider’s stock valued at $16,777,000 after purchasing an additional 9,510 shares during the last quarter. Finally, PDS Planning Inc boosted its position in shares of Accenture by 34.7% in the 2nd quarter. PDS Planning Inc now owns 4,055 shares of the information technology services provider’s stock worth $1,212,000 after purchasing an additional 1,044 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Buying and Selling

In related news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the transaction, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ryoji Sekido sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This represents a 64.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 33,319 shares of company stock valued at $8,335,225. 0.02% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ACN. Citigroup raised Accenture to a “hold” rating in a research report on Thursday, October 23rd. UBS Group reduced their price target on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft lowered their price target on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research report on Friday, September 26th. Wolfe Research increased their price objective on shares of Accenture from $285.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $294.25.

Accenture Trading Down 0.5%

NYSE:ACN opened at $247.91 on Friday. The company has a market cap of $163.24 billion, a PE ratio of 20.40, a price-to-earnings-growth ratio of 2.16 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The company has a 50 day simple moving average of $244.98 and a two-hundred day simple moving average of $269.51. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The firm had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $17.34 billion. During the same period in the prior year, the firm earned $2.66 EPS. The company’s revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 10th were given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, October 10th. This is an increase from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is currently 53.66%.

Accenture Profile

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.