Robinson Value Management Ltd. Purchases New Position in Accenture PLC $ACN

Robinson Value Management Ltd. acquired a new stake in Accenture PLC (NYSE:ACN) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,742 shares of the information technology services provider’s stock, valued at approximately $2,923,000. Accenture accounts for approximately 1.6% of Robinson Value Management Ltd.’s investment portfolio, making the stock its 27th biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of ACN. Vanguard Group Inc. raised its holdings in shares of Accenture by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider’s stock valued at $17,726,831,000 after buying an additional 854,361 shares during the period. State Street Corp boosted its holdings in Accenture by 0.5% in the 4th quarter. State Street Corp now owns 28,264,675 shares of the information technology services provider’s stock worth $7,583,462,000 after acquiring an additional 129,610 shares during the period. Capital International Investors boosted its holdings in Accenture by 2.0% in the 4th quarter. Capital International Investors now owns 17,471,554 shares of the information technology services provider’s stock worth $4,687,867,000 after acquiring an additional 343,420 shares during the period. Geode Capital Management LLC grew its position in Accenture by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 14,656,436 shares of the information technology services provider’s stock valued at $3,922,212,000 after acquiring an additional 218,719 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Accenture by 5.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 10,693,994 shares of the information technology services provider’s stock valued at $2,869,199,000 after purchasing an additional 546,198 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insider Activity

In related news, CEO Atsushi Egawa sold 4,872 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at $2,267,746.28. This trade represents a 27.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Performance

Shares of Accenture stock opened at $137.04 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a 1 year low of $118.15 and a 1 year high of $291.09. The firm’s 50-day simple moving average is $157.83 and its 200-day simple moving average is $200.65. The firm has a market cap of $91.52 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 1.39 and a beta of 1.13.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, beating the consensus estimate of $3.70 by $0.10. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The firm had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. During the same period in the previous year, the company earned $3.49 earnings per share. Accenture’s quarterly revenue was up 5.6% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities analysts forecast that Accenture PLC will post 13.85 earnings per share for the current fiscal year.

Accenture declared that its board has initiated a share buyback program on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to repurchase up to 2.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Accenture Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Thursday, July 9th. Accenture’s payout ratio is 52.08%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ACN. Dbs Bank downgraded Accenture from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. UBS Group reiterated a “buy” rating and issued a $275.00 price target on shares of Accenture in a research note on Wednesday, July 8th. Robert W. Baird set a $190.00 price objective on Accenture in a research note on Thursday, June 18th. Evercore set a $180.00 price objective on Accenture in a report on Thursday, June 18th. Finally, Oppenheimer set a $201.00 target price on Accenture in a research report on Monday, June 8th. Twelve analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $193.19.

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.