Unique Wealth LLC grew its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 283.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,375 shares of the information technology services provider’s stock after purchasing an additional 3,973 shares during the quarter. Unique Wealth LLC’s holdings in Accenture were worth $1,066,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of ACN. Topsail Wealth Management LLC grew its stake in shares of Accenture by 6.8% in the first quarter. Topsail Wealth Management LLC now owns 1,810 shares of the information technology services provider’s stock valued at $359,000 after buying an additional 115 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in Accenture by 1.5% during the 1st quarter. GHP Investment Advisors Inc. now owns 22,387 shares of the information technology services provider’s stock worth $4,439,000 after acquiring an additional 340 shares in the last quarter. Foster & Motley Inc. boosted its holdings in Accenture by 10.4% in the 1st quarter. Foster & Motley Inc. now owns 19,712 shares of the information technology services provider’s stock worth $3,909,000 after acquiring an additional 1,858 shares during the period. Davidson Trust Co. boosted its holdings in Accenture by 12.3% in the 1st quarter. Davidson Trust Co. now owns 2,684 shares of the information technology services provider’s stock worth $532,000 after acquiring an additional 293 shares during the period. Finally, Louisiana State Employees Retirement System acquired a new stake in Accenture in the first quarter valued at approximately $6,226,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Insider Activity at Accenture
In related news, CEO Atsushi Egawa sold 4,872 shares of Accenture stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at approximately $2,267,746.28. This trade represents a 27.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.
Accenture Stock Down 2.4%
Accenture (NYSE:ACN – Get Free Report) last posted its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.10. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The firm had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.78 billion. During the same period in the prior year, the company posted $3.49 earnings per share. The firm’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. On average, equities research analysts predict that Accenture PLC will post 13.84 earnings per share for the current fiscal year.
Accenture declared that its Board of Directors has approved a stock repurchase program on Tuesday, June 23rd that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the information technology services provider to buy up to 2.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.
Accenture Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Thursday, July 9th. Accenture’s dividend payout ratio is 52.08%.
Analyst Ratings Changes
A number of research firms have recently commented on ACN. Berenberg Bank reduced their target price on shares of Accenture from $273.00 to $220.00 and set a “buy” rating on the stock in a research report on Wednesday, June 17th. JPMorgan Chase & Co. dropped their price target on shares of Accenture from $247.00 to $201.00 and set an “overweight” rating on the stock in a research note on Monday, June 8th. William Blair lowered shares of Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday, June 18th. Dbs Bank cut shares of Accenture from a “moderate buy” rating to a “hold” rating in a research report on Tuesday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research note on Tuesday, June 9th. Twelve research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $196.85.
Read Our Latest Stock Analysis on ACN
Accenture News Roundup
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture’s board approved a $2.0 billion share repurchase plan, a signal management may view the stock as undervalued and a potential support for shareholder returns.
- Positive Sentiment: Several articles highlighted Accenture as a buying opportunity or an attractive financial-stability name, citing hedge-fund interest and valuation arguments that could help long-term sentiment.
- Positive Sentiment: Accenture announced a new engineering agreement with Coretura to help develop software-defined commercial vehicles, reinforcing growth opportunities in its consulting and technology services business. Article Title
- Neutral Sentiment: Accenture remains one of the most watched stocks on Zacks, but those pieces were mostly screeners and commentary rather than new fundamental developments. Article Title
- Neutral Sentiment: Investors are also watching Accenture’s international revenue trends and valuation models, which suggest the market is still debating how quickly growth can reaccelerate. Article Title
- Negative Sentiment: Mizuho cut its price target after Accenture’s weaker-than-expected FY2026 guidance, adding to concerns that near-term growth could be slower than hoped.
- Negative Sentiment: DBS Bank downgraded Accenture from “moderate buy” to “hold,” reinforcing the cautious tone around the stock.
- Negative Sentiment: A new investor alert from Kirby McInerney LLP announced a potential securities-fraud investigation, which can create headline risk and weigh on sentiment. Article Title
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.
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