Winnow Wealth LLC purchased a new stake in Accenture PLC (NYSE:ACN – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,569 shares of the information technology services provider’s stock, valued at approximately $960,000.
A number of other hedge funds also recently bought and sold shares of ACN. Triumph Capital Management purchased a new stake in Accenture during the third quarter worth $26,000. Board of the Pension Protection Fund purchased a new stake in Accenture during the fourth quarter worth $27,000. Laurel Wealth Advisors LLC purchased a new stake in Accenture during the fourth quarter worth $27,000. Private Wealth Management Group LLC lifted its holdings in Accenture by 96.4% during the fourth quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock worth $29,000 after buying an additional 53 shares during the period. Finally, Steph & Co. lifted its holdings in Accenture by 107.5% during the fourth quarter. Steph & Co. now owns 110 shares of the information technology services provider’s stock worth $30,000 after buying an additional 57 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Key Headlines Impacting Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture and Carnegie Mellon University’s Software Engineering Institute launched the AI Adoption Maturity Model, a framework and assessment tool designed to help enterprises measure AI readiness and scale deployments more predictably. The move supports Accenture’s positioning as a trusted AI consulting partner. Article title
- Positive Sentiment: Several analysts still see upside despite trimming targets: JPMorgan maintained an overweight rating with a lower target of $201, and TD Cowen kept a buy rating with a $258 target. That suggests Wall Street remains constructive on the stock’s long-term valuation. Article title Article title
- Neutral Sentiment: Accenture announced it will acquire creator marketing agency Whalar, expanding its digital and social marketing capabilities. The deal could broaden its services, but investors appear to be waiting for more detail on integration and financial impact. Article title
- Negative Sentiment: The stock fell as the broader market rose, reinforcing investor concern that Accenture may be losing momentum in the near term despite its strong balance sheet and solid AI narrative. Article title
- Negative Sentiment: Analyst target cuts from JPMorgan and TD Cowen reflect some caution around sector budgets and competitive pressure, which may be weighing on sentiment even though both firms retained bullish ratings. Article title
Insider Buying and Selling
Accenture Stock Performance
Shares of ACN opened at $174.42 on Tuesday. Accenture PLC has a 12 month low of $155.82 and a 12 month high of $321.77. The stock has a fifty day moving average price of $183.86 and a 200-day moving average price of $223.76. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16. The firm has a market cap of $116.06 billion, a PE ratio of 14.28, a P/E/G ratio of 1.69 and a beta of 1.09.
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Friday, March 20th. The information technology services provider reported $2.93 EPS for the quarter, beating the consensus estimate of $2.84 by $0.09. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The firm had revenue of $18.04 billion during the quarter, compared to analyst estimates of $17.80 billion. During the same quarter in the prior year, the business posted $2.82 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. Equities research analysts predict that Accenture PLC will post 13.88 earnings per share for the current fiscal year.
Accenture Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 9th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a yield of 3.7%. Accenture’s payout ratio is currently 53.40%.
Analyst Upgrades and Downgrades
ACN has been the subject of a number of analyst reports. UBS Group restated a “buy” rating on shares of Accenture in a report on Tuesday, March 17th. TD Cowen lowered their target price on Accenture from $282.00 to $258.00 and set a “buy” rating for the company in a report on Monday. Citigroup lowered their target price on Accenture from $215.00 to $195.00 and set a “neutral” rating for the company in a report on Monday, June 1st. Guggenheim lowered their target price on Accenture from $275.00 to $250.00 and set a “buy” rating for the company in a report on Friday, March 20th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Accenture from $210.00 to $199.00 and set a “hold” rating for the company in a report on Tuesday, June 2nd. Seventeen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $260.81.
Read Our Latest Research Report on ACN
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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