Stance Capital LLC purchased a new position in shares of Accenture PLC (NYSE:ACN – Free Report) during the fourth quarter, Holdings Channel reports. The firm purchased 5,170 shares of the information technology services provider’s stock, valued at approximately $1,387,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in shares of Accenture during the third quarter worth approximately $26,000. Board of the Pension Protection Fund acquired a new position in shares of Accenture in the 4th quarter valued at $27,000. Laurel Wealth Advisors LLC purchased a new stake in Accenture in the 4th quarter valued at $27,000. McMillan Office Inc. acquired a new stake in Accenture during the 4th quarter worth $27,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new position in Accenture during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Accenture News Summary
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture beat quarterly EPS expectations and reported 5.6% year-over-year revenue growth, showing the business is still growing despite a tougher backdrop.
- Positive Sentiment: The company announced a quarterly dividend of $1.63 per share, which may appeal to income-focused investors and signals ongoing cash-return capacity.
- Positive Sentiment: Accenture is expanding its cybersecurity push with acquisitions and investments aimed at critical infrastructure defense, which could support longer-term growth in a high-demand area. Accenture to Strengthen Critical Infrastructure Defense with End-to-End Cybersecurity Platform in Age of AI-Driven Cyber Threats and Geopolitical Risk
- Neutral Sentiment: Analysts at Wells Fargo, Goldman Sachs, and BNP Paribas lowered price targets, but many still see upside from current levels; ratings were mostly maintained at neutral or equivalent.
- Neutral Sentiment: Commentary around Accenture drawing fresh S&P 500 attention suggests investors are reassessing whether the selloff has become excessive relative to fundamentals. Why Accenture (NYSE:ACN) Is Drawing Fresh S&P 500 Attention?
- Negative Sentiment: Management’s reduced revenue outlook is the main catalyst behind the stock’s sharp decline, as it points to weaker client spending and slower growth ahead.
- Negative Sentiment: The company’s large cybersecurity acquisition plans are also raising questions about integration risk and capital allocation during a period of slowing growth.
- Negative Sentiment: Multiple headlines say the weak outlook has sparked a broad selloff in IT shares globally, reinforcing the market’s negative reaction to Accenture’s guidance cut. Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth
Analysts Set New Price Targets
Accenture Trading Down 1.0%
Shares of Accenture stock opened at $126.75 on Friday. Accenture PLC has a 52-week low of $125.60 and a 52-week high of $307.77. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. The company’s 50-day simple moving average is $176.76 and its 200-day simple moving average is $218.35. The firm has a market cap of $84.34 billion, a price-to-earnings ratio of 10.12, a price-to-earnings-growth ratio of 1.21 and a beta of 1.08.
Accenture (NYSE:ACN – Get Free Report) last announced its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. The firm had revenue of $18.72 billion during the quarter, compared to the consensus estimate of $18.78 billion. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, equities research analysts anticipate that Accenture PLC will post 13.85 earnings per share for the current year.
Accenture Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a yield of 5.1%. Accenture’s dividend payout ratio (DPR) is 52.08%.
Insider Activity at Accenture
In other news, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction dated Thursday, April 30th. The shares were 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 owned 12,802 shares in the company, valued at $2,267,746.28. This trade represents a 27.57% decrease in their position. 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. Insiders own 0.02% of the company’s stock.
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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