Fiduciary Management Inc. WI Takes $190.98 Million Position in Accenture PLC $ACN

Fiduciary Management Inc. WI bought a new stake in Accenture PLC (NYSE:ACN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 711,815 shares of the information technology services provider’s stock, valued at approximately $190,980,000. Accenture makes up 2.1% of Fiduciary Management Inc. WI’s holdings, making the stock its 10th largest position. Fiduciary Management Inc. WI owned 0.12% of Accenture at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Modus Advisors LLC acquired a new stake in shares of Accenture during the fourth quarter worth about $45,000. Mitchell Sinkler & Starr PA increased its holdings in shares of Accenture by 4.9% in the 4th quarter. Mitchell Sinkler & Starr PA now owns 5,054 shares of the information technology services provider’s stock valued at $1,356,000 after acquiring an additional 235 shares during the period. Weik Capital Management increased its holdings in shares of Accenture by 5.8% in the 4th quarter. Weik Capital Management now owns 1,548 shares of the information technology services provider’s stock valued at $415,000 after acquiring an additional 85 shares during the period. MCF Advisors LLC increased its holdings in shares of Accenture by 24.8% in the 4th quarter. MCF Advisors LLC now owns 830 shares of the information technology services provider’s stock valued at $223,000 after acquiring an additional 165 shares during the period. Finally, First Command Advisory Services Inc. increased its holdings in shares of Accenture by 10.9% in the 4th quarter. First Command Advisory Services Inc. now owns 499 shares of the information technology services provider’s stock valued at $134,000 after acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Key Headlines Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Zacks highlighted Accenture’s strong earnings-surprise track record and said the company has the ingredients for another beat when it next reports results, which can lift sentiment ahead of earnings. Will Accenture (ACN) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Stifel Nicolaus reiterated its Buy rating on Accenture, reinforcing the view that the stock remains attractive at current levels. Stifel Nicolaus Sticks to Its Buy Rating for Accenture (ACN)
• Positive Sentiment: Accenture announced a strategic investment and partnership with AlphaSense to bring agentic AI workflows for market intelligence to enterprises, underscoring continued momentum in AI services and enterprise transformation. Accenture and AlphaSense Announce Strategic Investment and Partnership to Bring Agentic Workflows for Market Intelligence to Enterprises
• Positive Sentiment: TEPCO Solution Advance also said it is working with Accenture to reinvent operations with AI, adding another example of new client demand tied to Accenture’s AI consulting capabilities. TEPCO Solution Advance Teams with Accenture to Reinvent Operations with AI
• Neutral Sentiment: Several recent opinion pieces argued that Accenture looks undervalued on earnings and cash flow metrics, which may help investor confidence, but these were commentary rather than new fundamentals. Accenture: A 57% Drop Meets A 12.8 P/E – The Ultimate Margin Of Safety
• Neutral Sentiment: Other analysis said AI is accelerating demand rather than disrupting Accenture’s business model, supporting the long-term bull case but not changing near-term results on its own. Accenture: AI Is Accelerating Instead Of Disrupting The Consultancy
• Negative Sentiment: At least one recent valuation update trimmed Accenture’s fair value estimate and another note pointed to softer IT spending and AI competition, reflecting lingering caution around growth and margins. How The Investment Story For Accenture (ACN) Is Shifting With AI And Softer IT Spending

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wells Fargo & Company cut their target price on shares of Accenture from $275.00 to $248.00 and set an “overweight” rating on the stock in a report on Thursday. JPMorgan Chase & Co. lifted their target price on shares of Accenture from $243.00 to $247.00 and gave the company an “overweight” rating in a report on Friday, March 20th. TD Cowen dropped their price objective on shares of Accenture from $282.00 to $275.00 and set a “buy” rating on the stock in a research note on Monday, March 16th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Accenture from $210.00 to $199.00 and set a “hold” rating on the stock in a research note on Tuesday, June 2nd. Finally, Truist Financial cut shares of Accenture from a “buy” rating to a “hold” rating and dropped their price objective for the company from $260.00 to $210.00 in a research note on Monday, June 1st. Seventeen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.54.

Insider Buying and Selling at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at $2,267,746.28. This represents a 27.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by insiders.

Accenture Price Performance

NYSE:ACN opened at $178.45 on Friday. The firm has a market cap of $118.75 billion, a price-to-earnings ratio of 14.62, a price-to-earnings-growth ratio of 1.69 and a beta of 1.08. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average is $184.29 and its two-hundred day moving average is $224.34. Accenture PLC has a 12-month low of $155.82 and a 12-month high of $321.77.

Accenture (NYSE:ACN) last released its earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.09. The company had revenue of $18.04 billion for the quarter, compared to analyst estimates of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.82 EPS. Research analysts expect that Accenture PLC will post 13.88 EPS for the current year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 9th were issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Thursday, April 9th. Accenture’s dividend payout ratio is presently 53.40%.

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.