Peak Retirement Planning Inc. bought a new position in shares of Accenture PLC (NYSE:ACN – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,322 shares of the information technology services provider’s stock, valued at approximately $1,964,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Board of the Pension Protection Fund bought a new stake in shares of Accenture in the fourth quarter worth $27,000. Laurel Wealth Advisors LLC bought a new stake in shares of Accenture in the fourth quarter worth $27,000. Triumph Capital Management bought a new stake in shares of Accenture in the third quarter worth $26,000. Private Wealth Management Group LLC grew its stake 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 purchasing an additional 53 shares during the last quarter. Finally, Steph & Co. grew its stake in shares of Accenture by 107.5% in the fourth quarter. Steph & Co. now owns 110 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 57 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.
Insiders Place Their Bets
In related 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 transaction, the chief executive officer owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. This trade represents a 27.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on ACN
Accenture Price Performance
ACN stock opened at $186.27 on Wednesday. The stock has a market capitalization of $123.95 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. The company’s 50-day moving average is $185.57 and its 200-day moving average is $226.05. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.34. Accenture PLC has a 1 year low of $155.82 and a 1 year high of $321.77.
Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings data on Friday, March 20th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.09. The company had revenue of $18.04 billion for the quarter, compared to analysts’ expectations of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.82 EPS. Equities research analysts expect that Accenture PLC will post 13.87 EPS for the current fiscal year.
Accenture Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 9th were given a $1.63 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $6.52 annualized dividend and a yield of 3.5%. Accenture’s dividend payout ratio (DPR) is presently 53.40%.
Accenture News Summary
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture continues to build out its AI strategy, including a new joint venture with Mitsubishi Chemical to create an AI-driven digital platform, along with other recent AI partnerships and investments that could support longer-term growth. Accenture (ACN) Mitsubishi Chemical forms Joint Venture for AI-driven Reinvention
- Neutral Sentiment: Accenture said it will report third-quarter fiscal 2026 results on June 18, which keeps attention on upcoming execution and guidance. Accenture to Announce Third-Quarter Fiscal 2026 Results
- Negative Sentiment: Deutsche Bank cut its price target on Accenture to $199 from $210 and kept a hold rating, signaling more limited near-term upside. MarketScreener Deutsche Bank adjusts Accenture PT
- Negative Sentiment: Citi also lowered its price target to $195 from $215 and reiterated a neutral rating, while Truist downgraded the stock from buy to hold and warned that core revenue could be at risk despite AI momentum. Benzinga / analyst downgrade coverage
- Negative Sentiment: Recent market coverage noted Accenture’s shares have been weak year to date, and the stock’s recent decline reflects continued investor caution around growth expectations and valuation. Assessing Accenture (NYSE:ACN) Valuation After New AI Partnerships Copilot 365 Rollout And Aera Technology Investment
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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