Park National Corp OH Increases Stock Holdings in Accenture PLC $ACN

Park National Corp OH boosted its stake in Accenture PLC (NYSE:ACNFree Report) by 6.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 167,976 shares of the information technology services provider’s stock after acquiring an additional 9,497 shares during the period. Accenture accounts for approximately 1.0% of Park National Corp OH’s holdings, making the stock its 28th biggest holding. Park National Corp OH’s holdings in Accenture were worth $33,308,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in Accenture in the fourth quarter worth about $2,146,995,000. Capital International Investors boosted its position in Accenture by 41.1% during the 3rd quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after acquiring an additional 4,984,930 shares in the last quarter. Voloridge Investment Management LLC purchased a new position in shares of Accenture during the 3rd quarter worth approximately $311,694,000. Franklin Resources Inc. raised its position in shares of Accenture by 15.9% in the 4th quarter. Franklin Resources Inc. now owns 8,173,338 shares of the information technology services provider’s stock worth $2,192,907,000 after acquiring an additional 1,122,855 shares in the last quarter. Finally, Capital World Investors bought a new position in shares of Accenture in the 3rd quarter worth approximately $268,578,000. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ACN has been the topic of several research reports. Robert W. Baird set a $190.00 price target on Accenture in a research report on Thursday. Royal Bank Of Canada lowered their price objective on Accenture from $295.00 to $253.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Citigroup dropped their target price on shares of Accenture from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. JPMorgan Chase & Co. reduced their target price on shares of Accenture from $247.00 to $201.00 and set an “overweight” rating on the stock in a research report on Monday, June 8th. Finally, William Blair lowered shares of Accenture from an “outperform” rating to a “market perform” rating in a research note on Thursday. Fifteen research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $226.19.

Get Our Latest Report on Accenture

Accenture Stock Down 1.0%

ACN stock opened at $126.75 on Friday. The business has a 50 day moving average of $176.76 and a 200 day moving average of $218.35. The firm has a market cap of $84.34 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of 1.21 and a beta of 1.08. Accenture PLC has a twelve month low of $125.60 and a twelve month 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.

Accenture (NYSE:ACNGet Free Report) last released its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, topping the consensus estimate of $3.70 by $0.10. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The business had revenue of $18.72 billion for the quarter, compared to the consensus estimate of $18.78 billion. During the same period in the previous year, the company posted $3.49 earnings per share. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, research analysts forecast that Accenture PLC will post 13.85 EPS for the current fiscal year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 9th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, July 9th. Accenture’s dividend payout ratio is 52.08%.

Trending Headlines about Accenture

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

Insiders Place Their Bets

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company’s stock.

Accenture Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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.