Novare Capital Management LLC Sells 1,942 Shares of Accenture PLC $ACN

Novare Capital Management LLC lessened its holdings in Accenture PLC (NYSE:ACN) by 2.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,085 shares of the information technology services provider’s stock after selling 1,942 shares during the quarter. Accenture accounts for approximately 1.2% of Novare Capital Management LLC’s holdings, making the stock its 22nd biggest holding. Novare Capital Management LLC’s holdings in Accenture were worth $16,050,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in ACN. Investors Research Corp boosted its holdings in Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after buying an additional 61 shares during the period. Davis Capital Management bought a new stake in Accenture in the third quarter valued at $28,000. Elevation Wealth Partners LLC raised its stake in Accenture by 146.0% during the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 73 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC bought a new position in shares of Accenture during the third quarter valued at $32,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Accenture

In other news, insider Manish Sharma sold 2,731 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the sale, the insider directly owned 7,057 shares of the company’s stock, valued at $2,033,333.41. This represents a 27.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Joel Unruch sold 1,332 shares of Accenture stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the transaction, the general counsel directly owned 28,207 shares in the company, valued at $7,756,925. The trade was a 4.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 21,934 shares of company stock worth $5,965,166. 0.02% of the stock is owned by company insiders.

Accenture Trading Down 1.8%

ACN opened at $275.70 on Wednesday. The firm has a 50 day simple moving average of $269.29 and a 200 day simple moving average of $258.00. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a market cap of $169.72 billion, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 2.70 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41.

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

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.4%. Accenture’s dividend payout ratio (DPR) is 53.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Citigroup upgraded shares of Accenture to a “hold” rating in a research report on Thursday, October 23rd. Evercore ISI reiterated an “outperform” rating and issued a $300.00 target price on shares of Accenture in a research note on Thursday, December 18th. Guggenheim raised their price target on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a report on Monday, December 15th. Truist Financial assumed coverage on Accenture in a research note on Tuesday, January 6th. They issued a “buy” rating and a $317.00 price objective on the stock. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Accenture currently has a consensus rating of “Moderate Buy” and a consensus target price of $298.38.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Berenberg initiated coverage with a bullish take centered on Accenture’s AI positioning, highlighting the company’s ability to monetize GenAI services and partnerships — a catalyst for longer‑term revenue and margin expansion. Accenture’s AI Advantage Sparks Bullish Initiation by Berenberg
• Positive Sentiment: Recent commentary and research note series emphasize Accenture’s momentum: earnings beat, reiterated FY‑2026 guidance, dividend and active M&A/talent investment (supports growth and shareholder returns). These fundamentals underpin analyst support and institutional interest. Earnings, guidance & dividend summary
• Positive Sentiment: Analyst commentary (Zacks and others) points to robust liquidity and buyout activity as additional levers for growth and margin improvement — reinforces the long‑term momentum case for investors focused on GenAI and consulting demand. Buyouts & Robust Liquidity Aid Accenture
• Neutral Sentiment: Deutsche Bank nudged its price target up to $280 but kept a “hold” rating — a modest tweak that provides limited near‑term uplift given the conservative stance. Deutsche Bank Raises Price Target to $280
• Negative Sentiment: Multiple insider sales by senior executives (CEO John Walsh, CAO Melissa Burgum, COO Catherine Kiernan Hogan, General Counsel Joel Unruch) occurred this week — the aggregate size and timing can trigger short‑term selling pressure and feed investor concern about insider confidence. Insider Selling: COO Sells $185K; cluster of Form 4s
• Negative Sentiment: High‑profile insider filings are repeated across multiple officers and days, increasing perceived supply and likely amplifying downward moves by traders reacting to disclosure rather than fundamentals. CEO Form 4 (SEC filing)

Accenture Company 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.