Baker Ellis Asset Management LLC bought a new position in shares of Accenture PLC (NYSE:ACN – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,774 shares of the information technology services provider’s stock, valued at approximately $684,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ACN. Global Retirement Partners LLC acquired a new position in shares of Accenture during the second quarter worth about $2,658,000. C WorldWide Group Holding A S boosted its holdings in Accenture by 35.9% in the 2nd quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock valued at $2,435,000 after purchasing an additional 2,151 shares in the last quarter. Truist Financial Corp increased its position in Accenture by 7.0% during the 2nd quarter. Truist Financial Corp now owns 436,202 shares of the information technology services provider’s stock worth $130,376,000 after purchasing an additional 28,685 shares during the period. Norges Bank purchased a new position in shares of Accenture during the 2nd quarter worth approximately $2,216,850,000. Finally, Prudential PLC lifted its holdings in shares of Accenture by 20.4% in the 2nd quarter. Prudential PLC now owns 56,130 shares of the information technology services provider’s stock valued at $16,777,000 after buying an additional 9,510 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Accenture Trading Up 2.8%
Accenture stock opened at $281.52 on Friday. The stock has a market cap of $173.30 billion, a PE ratio of 23.27, a P/E/G ratio of 2.64 and a beta of 1.25. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average price of $259.69 and a 200 day moving average price of $259.97. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35.
Accenture Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.3%. Accenture’s payout ratio is 53.88%.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. Wolfe Research increased their price objective on Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, December 11th. BNP Paribas Exane lowered their price target on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Truist Financial began coverage on shares of Accenture in a research note on Tuesday. They issued a “buy” rating and a $317.00 price objective for the company. UBS Group restated a “buy” rating on shares of Accenture in a research report on Wednesday. Finally, Cowen reiterated a “buy” rating on shares of Accenture in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and an average target price of $295.84.
Read Our Latest Research Report on Accenture
Insider Activity at Accenture
In other Accenture news, CEO Ryoji Sekido sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $249.47, for a total value of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.57, for a total value of $2,246,130.00. Following the completion of the sale, the chief executive officer owned 23,516 shares of the company’s stock, valued at $5,868,888.12. This trade represents a 27.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 35,151 shares of company stock worth $8,841,525. Company insiders own 0.02% of the company’s stock.
Trending Headlines about Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Truist started coverage with a Buy and $317 price target, giving fresh analyst support and a clear near‑term upside thesis for the stock. Truist initiates coverage of Accenture with buy
- Positive Sentiment: Accenture agreed to acquire Faculty, an AI-native UK services/products firm—accelerates GenAI capabilities and commercial reach, a tangible strategic move that supports higher growth expectations. Accenture to Acquire Faculty to Scale AI Capabilities
- Positive Sentiment: Partnership with NTT DOCOMO GLOBAL to build a Universal Wallet Infrastructure highlights pipeline in large digital‑identity and data projects—potentially sticky, enterprise‑scale revenue. NTT DOCOMO GLOBAL and Accenture Launch Universal Wallet Infrastructure
- Positive Sentiment: Zacks highlights ACN as a momentum name based on style scores, reinforcing the view that Accenture’s execution on AI/digital could sustain outperformance. Why Accenture is a Top Momentum Stock for the Long-Term
- Neutral Sentiment: Rothschild & Co Redburn nudged its target but kept a Neutral rating—limited immediate upside impact from this particular note. Rothschild adjusts PT on Accenture
- Neutral Sentiment: Analysis of valuation after the new AI acquisition and digital‑trust partnership highlights upside potential but also raises questions about how quickly deals convert to revenue. Assessing Accenture valuation after AI acquisition
- Negative Sentiment: Insider selling: CEO Mauro Macchi reported a sale of 500 shares; while small in dollar terms relative to his holdings, insider trims can weigh on sentiment. SEC Filing – Mauro Macchi sale
- Negative Sentiment: General Counsel Joel Unruch sold 1,332 shares—another insider trim that investors note even if not large relative to total holdings. SEC Filing – Joel Unruch sale
- Negative Sentiment: Coverage raising concerns about softer public‑sector demand highlights a potential near‑term revenue headwind for consulting work. Is Softer Public-Sector Demand Undermining Accenture?
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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