Tandem Investment Advisors Inc. Purchases 32,026 Shares of Accenture PLC $ACN

Tandem Investment Advisors Inc. lifted its position in shares of Accenture PLC (NYSE:ACN) by 8.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 413,194 shares of the information technology services provider’s stock after purchasing an additional 32,026 shares during the quarter. Accenture accounts for about 3.5% of Tandem Investment Advisors Inc.’s holdings, making the stock its 15th largest holding. Tandem Investment Advisors Inc.’s holdings in Accenture were worth $101,894,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of ACN. SYM FINANCIAL Corp raised its stake in shares of Accenture by 100.7% during the third quarter. SYM FINANCIAL Corp now owns 1,427 shares of the information technology services provider’s stock worth $352,000 after acquiring an additional 716 shares in the last quarter. Patton Albertson Miller Group LLC grew its holdings in shares of Accenture by 245.5% during the 3rd quarter. Patton Albertson Miller Group LLC now owns 2,636 shares of the information technology services provider’s stock valued at $650,000 after purchasing an additional 1,873 shares during the last quarter. Hollencrest Capital Management raised its position in Accenture by 1,000.0% in the 3rd quarter. Hollencrest Capital Management now owns 550 shares of the information technology services provider’s stock worth $136,000 after purchasing an additional 500 shares during the period. AE Wealth Management LLC lifted its stake in Accenture by 3.4% in the third quarter. AE Wealth Management LLC now owns 7,335 shares of the information technology services provider’s stock worth $1,809,000 after purchasing an additional 238 shares during the last quarter. Finally, Private Wealth Asset Management LLC boosted its position in Accenture by 3.1% during the third quarter. Private Wealth Asset Management LLC now owns 21,989 shares of the information technology services provider’s stock valued at $5,422,000 after buying an additional 665 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Accenture

In other Accenture news, COO Catherine Kiernan Hogan sold 660 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $280.93, for a total transaction of $185,413.80. Following the transaction, the chief operating officer owned 12,688 shares in the company, valued at approximately $3,564,439.84. This represents a 4.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $2,298,380.79. The trade was a 30.49% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 21,934 shares of company stock worth $5,965,166. Insiders own 0.02% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on ACN. BMO Capital Markets reiterated a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. Guggenheim raised their price target on Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. TD Cowen raised their target price on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Finally, Rothschild & Co Redburn lifted their target price 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 investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $298.38.

Accenture Price Performance

Shares of Accenture stock opened at $261.01 on Friday. The business has a 50 day moving average of $270.28 and a 200 day moving average of $258.11. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The company has a market cap of $160.68 billion, a PE ratio of 21.57, a P/E/G ratio of 2.60 and a beta of 1.25. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter in the previous year, the business posted $3.59 earnings per share. The firm’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. As a group, equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.

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.