6,937 Shares in Accenture PLC $ACN Acquired by Stenger Family Office LLC

Stenger Family Office LLC acquired a new stake in shares of Accenture PLC (NYSE:ACN) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 6,937 shares of the information technology services provider’s stock, valued at approximately $1,376,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Triumph Capital Management purchased a new position in Accenture in the 3rd quarter worth about $26,000. Board of the Pension Protection Fund purchased a new stake in Accenture in the 4th quarter valued at about $27,000. Laurel Wealth Advisors LLC bought a new position in Accenture in the 4th quarter worth about $27,000. McMillan Office Inc. bought a new position in Accenture in the 4th quarter worth about $27,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new position in shares of Accenture during the fourth quarter worth approximately $27,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a multi-million euro contract with NATO to support its Protected Business Network program, adding a high-profile government win that could strengthen near-term revenue visibility. NATO Announces Major Contract with Accenture to Help Advance Towards a More Agile and Resilient Digital Infrastructure
• Positive Sentiment: Accenture expanded its AI partnership with Google Cloud, launching “Accenture Edge” to deliver scalable agentic AI solutions for mid-market companies, which could help support future consulting and cloud services growth. Accenture Edge and Google Cloud Bring Scalable Agentic AI Solutions to Mid-Market Companies
• Positive Sentiment: The company also deepened its AI and cybersecurity push with ServiceNow, positioning itself to capture more demand for agentic AI-driven risk management and security services. Is Accenture’s Agentic AI Push With ServiceNow a Game Changer?
• Neutral Sentiment: Analysts and commentary note that Accenture may be trading at a discount after a steep decline, which could attract value-focused investors if its AI initiatives translate into better bookings and growth. Accenture PLC (ACN) Shares Surge 3.8% — What GF Score of 77 Tells Investors
• Negative Sentiment: Despite the new contract and partnerships, recent coverage highlights weak share performance, soft bookings, and a pressured revenue outlook, suggesting investors remain cautious about the pace of Accenture’s recovery. Accenture Down 29.3% in 3 Months: How to Approach the Stock Now?
• Negative Sentiment: Some articles also warn that Accenture’s AI push faces a major test, implying the market is still uncertain whether these initiatives will offset disruption and revive growth. Accenture (NYSE:ACN) AI Push Faces A Big Test

Accenture Stock Down 3.4%

Shares of NYSE ACN opened at $137.29 on Thursday. Accenture PLC has a 12-month low of $118.15 and a 12-month high of $304.19. The stock’s fifty day simple moving average is $161.95 and its two-hundred day simple moving average is $205.36. The stock has a market capitalization of $91.68 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of 1.41 and a beta of 1.13. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15.

Accenture (NYSE:ACN) last released its quarterly 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. The firm had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, analysts expect that Accenture PLC will post 13.85 EPS for the current fiscal year.

Accenture declared that its board has initiated a stock buyback program on Tuesday, June 23rd that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the information technology services provider to repurchase up to 2.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders 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 dividend yield of 4.7%. The ex-dividend date of this dividend is Thursday, July 9th. Accenture’s dividend payout ratio is presently 52.08%.

Insider Activity at Accenture

In other 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 value of $863,026.08. Following 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 filing with the Securities & Exchange Commission, which is accessible 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.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Susquehanna lowered their price target on Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. 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. BNP Paribas Exane cut their price target on Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, June 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Accenture from $199.00 to $140.00 and set a “hold” rating on the stock in a report on Monday, June 22nd. Twelve equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, Accenture presently has an average rating of “Hold” and an average price target of $193.33.

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.