Bank of Jackson Hole and Barlow Wealth Slash Accenture Stakes by Up to 89%

ACNACN

Bank of Jackson Hole Trust reduced its Accenture stake by 76.2%, selling 2,444 shares to hold 765 shares worth $189,000 at quarter-end. Barlow Wealth Partners cut its position by 89.0%, disposing of 47,222 shares to end with 5,821 shares valued at $1.45 million.

1. Institutional Portfolio Adjustments

Bank of Jackson Hole Trust reduced its stake in Accenture PLC by 76.2% during the third quarter, disposing of 2,444 shares and ending the period with 765 shares valued at $189,000. Several other institutional investors also modified their positions: Investors Research Corp boosted its holdings by 73.8% to 106 shares (worth $26,000), Harbor Capital Advisors increased its stake by 132.6% to 107 shares (worth $26,000), Davis Capital Management initiated a new position valued at $28,000, RMG Wealth Management established a $33,000 stake, and Elevation Wealth Partners lifted its position by 146.0% to 123 shares (worth $30,000). In total, hedge funds and institutional investors now account for 75.14% of Accenture’s outstanding stock.

2. Insider Sales Activity

Chief Executive Officer Mauro Macchi sold 500 shares at an average price of 280.00, generating proceeds of 140,000 and reducing his holding by 6.56% to 7,123 shares valued at approximately 1.99 million. Executive Manish Sharma sold 2,731 shares at an average of 288.13, for total proceeds of 786,883, decreasing his stake by 27.90% to 7,057 shares valued at 2.03 million. Over the past 90 days, company insiders have disposed of 22,700 shares for total proceeds of 5.95 million, and insiders currently own just 0.02% of the outstanding stock.

3. Analyst Ratings and Price Targets

Wells Fargo raised its target on Accenture from 251.00 to 275.00 and maintained an equal-weight recommendation. Goldman Sachs reaffirmed its buy rating with a 330.00 target. Susquehanna increased its target from 270.00 to 277.00 and held a neutral view. Evercore ISI reiterated an outperform rating with a 300.00 objective, and Rothschild & Co Redburn lifted its target from 205.00 to 210.00 while keeping a neutral stance. Of sixteen analysts covering the stock, sixteen rate it buy, twelve hold, and one sell, yielding an average Moderate Buy consensus and a mean target of 298.38.

4. Recent Operating Results and Guidance

In the quarter ended December 18, Accenture reported earnings per share of 3.94, beating consensus by 0.21, on revenues of 18.74 billion, surpassing estimates by 0.23 billion and reflecting year-over-year revenue growth of 5.7%. Net margin stood at 10.76% with return on equity of 26.65%. The firm set full-year guidance for fiscal 2026 EPS in the range of 13.520 to 13.900, while analysts project 12.73 EPS for the current year. The company’s dividend announcement targets a payout of 1.63 per share, implying an annualized yield of 2.3% and a payout ratio of 53.88%.

Sources

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