Forvis Mazars Wealth Advisors LLC Raises Stake in Accenture PLC $ACN

Forvis Mazars Wealth Advisors LLC boosted its stake in Accenture PLC (NYSE:ACN) by 53.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,879 shares of the information technology services provider’s stock after acquiring an additional 6,203 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Accenture were worth $4,409,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ACN. Investors Research Corp raised 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 worth $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Davis Capital Management acquired a new position in shares of Accenture during the 3rd quarter worth $28,000. Elevation Wealth Partners LLC raised its position 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 during the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new stake in Accenture in the 3rd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, September 26th. Robert W. Baird reduced their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Accenture from $235.00 to $265.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. Rothschild & Co Redburn upped their target price on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Finally, Wells Fargo & Company lifted their price target on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and an average price target of $297.20.

Insider Transactions at Accenture

In other news, General Counsel Joel Unruch sold 1,332 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the completion of the sale, the general counsel owned 28,207 shares in the company, valued at $7,756,925. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Julie Spellman Sweet sold 1,694 shares of Accenture stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.30, for a total value of $488,380.20. Following the transaction, the chief executive officer directly owned 37,346 shares in the company, valued at approximately $10,766,851.80. The trade was a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,674 shares of company stock worth $5,661,414 over the last 90 days. 0.02% of the stock is currently owned by corporate insiders.

Accenture Stock Performance

Shares of NYSE ACN opened at $272.45 on Wednesday. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The stock has a market capitalization of $167.72 billion, a P/E ratio of 22.52, a P/E/G ratio of 2.76 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. The firm’s 50-day moving average price is $265.62 and its two-hundred day moving average price is $258.47.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.73 by $0.21. The company had revenue of $18.74 billion for 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%. Accenture’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the business earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

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

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.