Arax Advisory Partners lowered its holdings in shares of Accenture PLC (NYSE:ACN – Free Report) by 59.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,169 shares of the information technology services provider’s stock after selling 10,533 shares during the quarter. Arax Advisory Partners’ holdings in Accenture were worth $1,924,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the company. Atlas Capital Advisors Inc. acquired a new position in shares of Accenture in the fourth quarter valued at approximately $622,000. Aptus Capital Advisors LLC raised its position in shares of Accenture by 9.5% in the fourth quarter. Aptus Capital Advisors LLC now owns 17,778 shares of the information technology services provider’s stock valued at $4,770,000 after buying an additional 1,544 shares during the last quarter. Arete Wealth Advisors LLC raised its position in shares of Accenture by 13.3% in the fourth quarter. Arete Wealth Advisors LLC now owns 3,997 shares of the information technology services provider’s stock valued at $1,072,000 after buying an additional 469 shares during the last quarter. Jacobi Capital Management LLC raised its position in shares of Accenture by 3.1% in the fourth quarter. Jacobi Capital Management LLC now owns 7,991 shares of the information technology services provider’s stock valued at $2,144,000 after buying an additional 243 shares during the last quarter. Finally, CreativeOne Wealth LLC raised its position in shares of Accenture by 55.3% in the fourth quarter. CreativeOne Wealth LLC now owns 15,766 shares of the information technology services provider’s stock valued at $4,230,000 after buying an additional 5,616 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.
Accenture Price Performance
Accenture stock opened at $165.39 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a 1 year low of $155.82 and a 1 year high of $317.05. The firm has a 50 day moving average price of $181.07 and a 200 day moving average price of $221.09. The company has a market cap of $110.06 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 1.62 and a beta of 1.09.
Accenture Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 9th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 3.9%. The ex-dividend date was Thursday, April 9th. Accenture’s payout ratio is currently 53.40%.
Insider Transactions at Accenture
In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the sale, the chief executive officer directly owned 12,802 shares in the company, valued at $2,267,746.28. The trade was a 27.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture won the Agentic Trailblazer Award at the 2026 Kaltura Digital Engagement Awards, reinforcing its position as a leader in enterprise-scale AI deployment and workforce productivity improvements. Accenture Award Underscores AI Role In Client Transformations And Workforce Productivity
- Positive Sentiment: Accenture announced the acquisition of Whalar to expand creator marketing and social commerce capabilities, which could strengthen Accenture Song and broaden its digital services offering. Accenture Expands Creator Marketing With Whalar Acquisition As Shares Trade Lower
- Neutral Sentiment: Accenture is scheduled to report fiscal Q3 2026 results soon, and expectations call for higher sales and EPS growth across major segments. That sets up a potential catalyst, but investors are waiting for confirmation. Accenture Set to Report Q3 Earnings: Here’s What You Should Know
- Neutral Sentiment: Madison Large Cap Fund disclosed that it sold its Accenture position amid AI-related concerns, adding to the debate around whether the stock’s recent decline reflects deeper business risks or an opportunity. Madison Large Cap Fund Sold Its Position in Accenture (ACN) Amid AI Concerns
- Negative Sentiment: Jefferies cut its price target on Accenture to $185 from $210 and kept a Hold rating, signaling reduced optimism about near-term upside. Jefferies Adjusts Price Target on Accenture to 185 from 210, Maintains Hold Rating
- Negative Sentiment: Morgan Stanley warned that Accenture may face continued pressure as AI-related spending crowds out discretionary IT services budgets, raising concerns about demand for its core consulting and outsourcing work. Accenture Faces Pressure as AI Spending Crowds Out IT Services Budgets, Morgan Stanley Says
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company cut their price objective on shares of Accenture from $275.00 to $248.00 and set an “overweight” rating for the company in a research report on Thursday, June 4th. Truist Financial lowered shares of Accenture from a “buy” rating to a “hold” rating and cut their price objective for the company from $260.00 to $210.00 in a research report on Monday, June 1st. Robert W. Baird cut their price objective on shares of Accenture from $330.00 to $265.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Citigroup cut their price objective on shares of Accenture from $215.00 to $195.00 and set a “neutral” rating for the company in a research report on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Accenture from $210.00 to $199.00 and set a “hold” rating for the company in a report on Tuesday, June 2nd. Sixteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $254.04.
View Our Latest Stock Report on Accenture
Accenture 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.
Read More
- Five stocks we like better than Accenture
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Accenture PLC (NYSE:ACN – Free Report).
Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.
