Segall Bryant & Hamill LLC bought a new stake in shares of Accenture PLC (NYSE:ACN – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 34,471 shares of the information technology services provider’s stock, valued at approximately $6,945,000.
A number of other large investors have also recently made changes to their positions in the stock. Triumph Capital Management bought a new stake in shares of Accenture during the 3rd quarter valued at $26,000. Laurel Wealth Advisors LLC bought a new position in Accenture in the 4th quarter worth about $27,000. McMillan Office Inc. purchased a new position in Accenture during the 4th quarter valued at about $27,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Accenture during the fourth quarter valued at about $27,000. Finally, Private Wealth Management Group LLC lifted its holdings in shares of Accenture by 96.4% in 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 in the last quarter. 75.14% of the stock is owned by institutional investors.
Insider Buying and Selling at Accenture
In other news, General Counsel Joel Unruch sold 10,498 shares of Accenture stock in a transaction that occurred 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 completion of the transaction, the general counsel directly owned 17,735 shares in the company, valued at approximately $2,890,450.30. This trade represents a 37.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company’s stock.
Accenture Price Performance
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 the consensus estimate of $3.70 by $0.10. The business 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 company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Research analysts expect that Accenture PLC will post 13.85 EPS for the current fiscal year.
Accenture announced that its board has approved a share repurchase program on Tuesday, June 23rd that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the information technology services provider to repurchase up to 2.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.
Accenture Dividend Announcement
The firm also recently disclosed 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. This represents a $6.52 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Thursday, July 9th. Accenture’s dividend payout ratio is 52.08%.
Accenture News Summary
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
Wall Street Analyst Weigh In
A number of research firms recently weighed in on ACN. BNP Paribas Exane decreased their target price on shares of Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, June 26th. TD Cowen lowered shares of Accenture from a “buy” rating to a “hold” rating and reduced their price target for the company from $258.00 to $150.00 in a research report on Monday, June 22nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $150.00 price target on shares of Accenture in a report on Friday, June 19th. UBS Group reiterated a “buy” rating and issued a $275.00 price objective on shares of Accenture in a research report on Wednesday, July 8th. Finally, Weiss Ratings cut Accenture from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Accenture currently has an average rating of “Hold” and an average price target of $192.96.
View Our Latest Research Report on Accenture
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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