Pacer Advisors Inc. grew its position in shares of Accenture PLC (NYSE:ACN – Free Report) by 27.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,794,695 shares of the information technology services provider’s stock after purchasing an additional 389,483 shares during the period. Pacer Advisors Inc.’s holdings in Accenture were worth $355,870,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of ACN. Brighton Jones LLC boosted its stake in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares during the period. Sivia Capital Partners LLC lifted its holdings in Accenture by 46.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after buying an additional 660 shares in the last quarter. United Bank boosted its position in Accenture by 49.8% in the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock valued at $1,088,000 after buying an additional 1,209 shares during the period. Bank of Nova Scotia grew its stake in shares of Accenture by 23.0% in the second quarter. Bank of Nova Scotia now owns 828 shares of the information technology services provider’s stock worth $247,000 after acquiring an additional 155 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its position in shares of Accenture by 4.2% during the second quarter. Main Street Financial Solutions LLC now owns 1,767 shares of the information technology services provider’s stock worth $528,000 after acquiring an additional 72 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
ACN has been the subject of a number of recent research reports. DA Davidson decreased their target price on Accenture from $275.00 to $175.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Jefferies Financial Group cut their price target on Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a report on Monday, June 15th. Morgan Stanley decreased their price objective on Accenture from $177.00 to $130.00 and set an “equal weight” rating for the company in a research note on Monday, June 22nd. Wells Fargo & Company reduced their target price on shares of Accenture from $200.00 to $194.00 and set an “overweight” rating on the stock in a report on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $136.00 price target on shares of Accenture in a research note on Friday, July 10th. Twelve analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Accenture currently has a consensus rating of “Hold” and a consensus target price of $192.96.
Accenture Trading Up 0.3%
ACN opened at $166.34 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a one year low of $118.15 and a one year high of $291.09. The company has a market cap of $111.08 billion, a P/E ratio of 13.29, a PEG ratio of 1.72 and a beta of 1.13. The business’s 50-day simple moving average is $152.56 and its 200-day simple moving average is $190.48.
Accenture (NYSE:ACN – Get Free Report) last posted its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share 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 analysts’ expectations of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business 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 expect that Accenture PLC will post 13.85 EPS for the current fiscal year.
Accenture Announces Dividend
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 issued a $1.63 dividend. The ex-dividend date is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 3.9%. Accenture’s dividend payout ratio is presently 52.08%.
Accenture announced that its board has authorized a stock buyback plan 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 repurchase up to 2.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.
Insider Activity at Accenture
In related news, General Counsel Joel Unruch sold 10,498 shares of Accenture stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the sale, the general counsel directly owned 17,735 shares in the company, valued at $2,890,450.30. This trade represents a 37.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by company insiders.
Key Stories Impacting Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: UniCredit digital-transformation deal: Accenture and IBM are collaborating with UniCredit to build a next-generation European banking platform. The project reinforces Accenture’s position in large, strategic technology-transformation contracts and could support future bookings and revenue. UniCredit, Accenture and IBM Collaborate to Build Europe’s Next-Generation Banking Platform
- Positive Sentiment: AI strategy remains a potential catalyst: Coverage highlighted Accenture’s investments in artificial intelligence and its Edge business as opportunities to capture demand for AI implementation and enterprise modernization. Successful execution could improve growth prospects and sentiment toward the stock. Why Is Accenture Strengthening Its AI Strategy?
- Positive Sentiment: Deeply discounted valuation: Analysts noted that ACN trades at roughly 12 times fiscal 2026 earnings following a steep decline, with an approximately 4% dividend yield. The valuation has prompted cautious views that the market may be pricing in more permanent business damage than ultimately occurs. ACN Got Cheaper. The Business Did Not Get Worse
- Neutral Sentiment: Insider selling disclosed: General Counsel Joel Unruch sold 10,498 shares for about $1.7 million, reducing his holdings by 37.2%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it offers limited insight into current management expectations. Accenture Insider Trading Filing
- Negative Sentiment: Execution concerns remain: Accenture’s organic growth is weak and bookings have declined, while Capgemini’s stronger performance suggests that some of ACN’s pressure may reflect company-specific execution issues rather than industry conditions. AI initiatives are promising, but their ability to scale and expand margins remains unproven. Accenture: The Market Is Pricing In Too Much Permanent Damage
Accenture Company Profile
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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