Trust Co. of Vermont Raises Position in Accenture PLC $ACN

Trust Co. of Vermont grew its holdings in Accenture PLC (NYSE:ACN) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,136 shares of the information technology services provider’s stock after acquiring an additional 3,023 shares during the period. Trust Co. of Vermont’s holdings in Accenture were worth $19,762,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ACN. Investors Research Corp boosted its stake in shares of Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 45 shares during the period. RMG Wealth Management LLC purchased a new stake in shares of Accenture in the 2nd quarter valued at approximately $33,000. Elevation Wealth Partners LLC raised its holdings in shares of Accenture by 146.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. Heartwood Wealth Advisors LLC acquired a new position in shares of Accenture during the third quarter worth $32,000. Finally, WPG Advisers LLC acquired a new stake in Accenture in the first quarter valued at $42,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on ACN. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Susquehanna boosted their price target on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday. Mizuho dropped their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Wells Fargo & Company assumed coverage on Accenture in a research note on Tuesday, October 21st. They issued an “equal weight” rating and a $251.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $298.29.

Insiders Place Their Bets

In other Accenture news, insider Manish Sharma sold 6,902 shares of the stock in a transaction dated 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 completion of the transaction, the insider directly 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares in the company, valued at $346,763.30. This trade represents a 64.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is owned by company insiders.

Accenture Stock Performance

NYSE ACN opened at $270.65 on Tuesday. The stock has a market capitalization of $178.22 billion, a price-to-earnings ratio of 22.37, a PEG ratio of 2.64 and a beta of 1.26. The business’s 50 day moving average is $253.36 and its two-hundred day moving average is $263.02. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. 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 (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share 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 for the quarter, compared to the consensus estimate of $18.51 billion. During the same period in the previous year, the business earned $3.59 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

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 issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.4%. Accenture’s payout ratio is currently 53.88%.

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.