Lbp Am Sa cut its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 17.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,913 shares of the information technology services provider’s stock after selling 18,972 shares during the period. Lbp Am Sa’s holdings in Accenture were worth $24,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. PFG Investments LLC raised its position in Accenture by 4.2% during the fourth quarter. PFG Investments LLC now owns 2,633 shares of the information technology services provider’s stock valued at $707,000 after purchasing an additional 105 shares during the period. Opal Wealth Advisors LLC purchased a new stake in shares of Accenture in the fourth quarter worth approximately $200,000. Annex Advisory Services LLC purchased a new stake in shares of Accenture in the fourth quarter worth approximately $207,000. Cordatus Wealth Management LLC raised its holdings in shares of Accenture by 8.6% in the fourth quarter. Cordatus Wealth Management LLC now owns 10,423 shares of the information technology services provider’s stock worth $2,796,000 after buying an additional 825 shares during the period. Finally, MOKAN Wealth Management Inc. raised its holdings in shares of Accenture by 42.7% in the fourth quarter. MOKAN Wealth Management Inc. now owns 7,322 shares of the information technology services provider’s stock worth $1,964,000 after buying an additional 2,192 shares during the period. 75.14% of the stock is currently owned by hedge funds and other institutional investors.
Accenture Stock Up 1.9%
Shares of NYSE:ACN opened at $193.94 on Thursday. Accenture PLC has a 52-week low of $177.50 and a 52-week high of $325.71. The stock has a market cap of $129.06 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 1.81 and a beta of 1.24. The business’s 50 day moving average is $205.84 and its 200 day moving average is $240.56. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.16.
Accenture Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a yield of 3.4%. Accenture’s dividend payout ratio (DPR) is 53.40%.
Analysts Set New Price Targets
ACN has been the topic of several recent analyst reports. Piper Sandler set a $282.00 price target on Accenture in a report on Thursday, March 5th. JPMorgan Chase & Co. increased their price target on Accenture from $243.00 to $247.00 and gave the stock an “overweight” rating in a report on Friday, March 20th. Guggenheim reduced their price target on Accenture from $275.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Susquehanna increased their price target on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, Evercore reiterated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Seventeen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $274.50.
Get Our Latest Research Report on Accenture
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture, via Accenture Ventures, invested in AI-native General Robotics to advance physical AI-powered robotics for manufacturing and logistics — expands Accenture’s automation/AI IP and go-to-market in industrial automation. Accenture Invests in General Robotics to Advance Physical AI-Powered Robotics in Manufacturing and Logistics
- Positive Sentiment: ACN announced the acquisition of Keepler Data Tech, a Spanish cloud-native AI & data firm — broadens Accenture’s European data/AI delivery capacity and accelerates client cloud/AI implementations. Accenture (ACN) Announces Acquisition of Keepler Data Tech
- Positive Sentiment: Accenture Federal Services won an engagement to deliver early operating capability for the DOE’s Genesis CM2US mission — a high‑profile government contract that underlines AFS’s role in national critical‑materials and energy initiatives. Accenture Federal Services to Deliver Early Operating Capability for DOE’s Genesis Mission CM2US
- Positive Sentiment: Several bullish research pieces and investor commentary highlighted Accenture’s durable fundamentals and attractive valuation (Oakmark note, Zacks, Seeking Alpha upgrade), supporting investor interest in the name. Accenture: A Lot More Appealing Proposition, Even If Growth Is Lackluster (Rating Upgrade)
- Neutral Sentiment: Coverage pieces explain Accenture’s role in digital transformation and attempt to contextualize recent moves for investors — helpful background but not immediate catalysts. How Accenture (NYSE:ACN) Drives Digital Transformation on the S&P 500 Index?
- Neutral Sentiment: Quick market roundups and “what’s going on” stories are summarizing the mix of corporate wins and analyst notes — useful for retail readers but neutral for immediate price direction. SA analyst upgrades/downgrades: NVDA, JNJ, KO, ACN
- Negative Sentiment: Seeking Alpha published a downgrade to Hold, citing skepticism about near‑term growth acceleration — a clear near‑term headwind to sentiment. Accenture: Downgrade To Hold As Near-Term Growth Acceleration Seems Unlikely
- Negative Sentiment: HSBC trimmed its price target from $220 to $210 and kept a Hold rating — lowers the near‑term upside reflected in sell‑side guidance. HSBC Adjusts Price Target on Accenture to $210 From $220, Maintains Hold Rating
Insider Buying and Selling at Accenture
In other Accenture news, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Joel Unruch sold 1,026 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $281.70, for a total transaction of $289,024.20. Following the transaction, the general counsel directly owned 27,181 shares in the company, valued at $7,656,887.70. This trade represents a 3.64% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 15,331 shares of company stock worth $4,048,871. 0.02% of the stock is currently owned by company insiders.
Accenture 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.
Featured Articles
Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Accenture PLC (NYSE:ACN – Free Report).
Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.
