First Commonwealth Financial Corp PA Sells 3,021 Shares of Accenture PLC $ACN

First Commonwealth Financial Corp PA decreased its stake in shares of Accenture PLC (NYSE:ACN) by 69.2% during the third quarter, HoldingsChannel.com reports. The fund owned 1,343 shares of the information technology services provider’s stock after selling 3,021 shares during the period. First Commonwealth Financial Corp PA’s holdings in Accenture were worth $331,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ACN. Brighton Jones LLC grew its holdings in Accenture by 36.2% during 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 last quarter. Sivia Capital Partners LLC lifted its stake in shares of Accenture by 46.9% in the second 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 during the last quarter. United Bank boosted its holdings in shares of Accenture by 49.8% during the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock worth $1,088,000 after buying an additional 1,209 shares during the period. Foundations Investment Advisors LLC grew its stake in Accenture by 12.2% in the 2nd quarter. Foundations Investment Advisors LLC now owns 2,316 shares of the information technology services provider’s stock valued at $692,000 after buying an additional 252 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its holdings in Accenture by 25.2% in the 2nd quarter. Wealthspire Advisors LLC now owns 100,473 shares of the information technology services provider’s stock worth $30,030,000 after acquiring an additional 20,198 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ACN. BMO Capital Markets restated a “market perform” rating and set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Evercore reiterated an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Piper Sandler set a $282.00 target price on Accenture in a research note on Thursday, March 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Accenture in a report on Thursday, December 18th. Finally, Rothschild & Co Redburn lifted their price target on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Eighteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $286.19.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture’s history of topping estimates and the view that it has the key drivers to beat again supports upside expectations into earnings. Will Accenture (ACN) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Strategic AI partnerships (Databricks; a forward‑deployed engineering strategy with Microsoft) bolster Accenture’s revenue pipeline in high‑growth GenAI services and validate long‑term demand for its enterprise AI work. Accenture, Databricks Enable Enterprise Adoption of AI Apps and Agents Accenture and Microsoft form forward deployed engineering strategy to deliver enterprise AI
• Positive Sentiment: Accenture is part of an expanded RELEX / Lowe’s supply‑chain modernization engagement, reinforcing its role on large retail transformation projects. RELEX Solutions Announces Expanded Partnership with Lowe’s to Strengthen Their Supply Chain Agility
• Positive Sentiment: A modest institutional buy (Achmea increased its position) is a small vote of confidence from a long‑term investor. Achmea Investment Management B.V. Increases Stock Position in Accenture PLC $ACN
• Neutral Sentiment: Pre‑earnings previews and coverage highlight what to watch (bookings, margins, guidance) but add information rather than a clear directional catalyst. Accenture (ACN) Q1 Earnings Report Preview: What To Look For
• Neutral Sentiment: Analysis noting Accenture’s cheaper valuation versus historical highs but flagging talent‑cost pressure and weak recent price performance creates mixed buy/sell signals. Is Accenture’s Cheap Valuation Reason Enough to Invest in the Stock?
• Negative Sentiment: TD Cowen trimmed its price target (to $275), signaling less upside from current levels and pressuring near‑term sentiment. TD Cowen Cuts PT on Accenture plc (ACN) to $275 From $282 – Here’s Why
• Negative Sentiment: Morgan Stanley lowered its price target substantially (to $240) and highlighted weakening bookings and a talent mix shift — comments that weigh on expectations ahead of the print. Morgan Stanley Updates Accenture (ACN) View on Weak Bookings and Talent Shift
• Negative Sentiment: Market commentary warns traders expect a large post‑earnings move — some expect downside risk that could push the stock toward multi‑year lows if results disappoint. Here’s How Much Accenture Stock Is Expected to Move After Earnings

Insider Activity at Accenture

In other news, CEO Julie Spellman Sweet sold 6,057 shares of Accenture stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the sale, the chief executive officer owned 15,255 shares of the company’s stock, valued at approximately $3,679,963.65. This trade represents a 28.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Catherine Kiernan Hogan sold 660 shares of the company’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $280.93, for a total value of $185,413.80. Following the completion of the transaction, the chief operating officer owned 12,688 shares of the company’s stock, valued at $3,564,439.84. The trade was a 4.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 22,088 shares of company stock worth $5,970,434 in the last three months. Company insiders own 0.02% of the company’s stock.

Accenture Stock Down 2.0%

Shares of ACN opened at $194.77 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The company has a 50-day simple moving average of $237.56 and a 200-day simple moving average of $247.47. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $326.73. The firm has a market capitalization of $119.90 billion, a P/E ratio of 16.10, a P/E/G ratio of 1.88 and a beta of 1.27.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the business earned $3.59 earnings per share. On average, equities research analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

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.