BI Asset Management Fondsmaeglerselskab A S Boosts Holdings in Accenture PLC $ACN

BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Accenture PLC (NYSE:ACN) by 347.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,948 shares of the information technology services provider’s stock after buying an additional 96,229 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Accenture were worth $24,578,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Accenture by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider’s stock valued at $17,726,831,000 after acquiring an additional 854,361 shares during the period. State Street Corp grew its stake in shares of Accenture by 0.5% during the 4th quarter. State Street Corp now owns 28,264,675 shares of the information technology services provider’s stock valued at $7,583,462,000 after acquiring an additional 129,610 shares during the period. Capital International Investors increased its holdings in Accenture by 2.0% in the 4th quarter. Capital International Investors now owns 17,471,554 shares of the information technology services provider’s stock worth $4,687,867,000 after acquiring an additional 343,420 shares in the last quarter. Geode Capital Management LLC increased its holdings in Accenture by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 14,656,436 shares of the information technology services provider’s stock worth $3,922,212,000 after acquiring an additional 218,719 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in Accenture by 5.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,693,994 shares of the information technology services provider’s stock worth $2,869,199,000 after acquiring an additional 546,198 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ACN has been the subject of a number of recent analyst reports. Piper Sandler set a $282.00 price target on shares of Accenture in a research report on Thursday, March 5th. William Blair downgraded shares of Accenture from an “outperform” rating to a “market perform” rating in a research report on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a report on Tuesday, June 9th. TD Cowen cut their price target on Accenture from $282.00 to $258.00 and set a “buy” rating for the company in a research note on Monday, June 8th. Finally, Truist Financial cut Accenture from a “buy” rating to a “hold” rating and decreased their price target for the company from $260.00 to $210.00 in a report on Monday, June 1st. Fifteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, Accenture has an average rating of “Moderate Buy” and an average price target of $226.19.

Insider Activity

In other news, CEO Atsushi Egawa sold 4,872 shares of Accenture stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $177.14, for a total value of $863,026.08. Following the sale, the chief executive officer directly owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture beat quarterly EPS expectations and reported 5.6% year-over-year revenue growth, showing the business is still growing despite a tougher backdrop.
• Positive Sentiment: The company announced a quarterly dividend of $1.63 per share, which may appeal to income-focused investors and signals ongoing cash-return capacity.
• Positive Sentiment: Accenture is expanding its cybersecurity push with acquisitions and investments aimed at critical infrastructure defense, which could support longer-term growth in a high-demand area. Accenture to Strengthen Critical Infrastructure Defense with End-to-End Cybersecurity Platform in Age of AI-Driven Cyber Threats and Geopolitical Risk
• Neutral Sentiment: Analysts at Wells Fargo, Goldman Sachs, and BNP Paribas lowered price targets, but many still see upside from current levels; ratings were mostly maintained at neutral or equivalent.
• Neutral Sentiment: Commentary around Accenture drawing fresh S&P 500 attention suggests investors are reassessing whether the selloff has become excessive relative to fundamentals. Why Accenture (NYSE:ACN) Is Drawing Fresh S&P 500 Attention?
• Negative Sentiment: Management’s reduced revenue outlook is the main catalyst behind the stock’s sharp decline, as it points to weaker client spending and slower growth ahead.
• Negative Sentiment: The company’s large cybersecurity acquisition plans are also raising questions about integration risk and capital allocation during a period of slowing growth.
• Negative Sentiment: Multiple headlines say the weak outlook has sparked a broad selloff in IT shares globally, reinforcing the market’s negative reaction to Accenture’s guidance cut. Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth

Accenture Trading Down 1.0%

Accenture stock opened at $126.75 on Friday. Accenture PLC has a 1 year low of $125.60 and a 1 year high of $307.77. The firm’s 50 day moving average price is $176.76 and its 200-day moving average price is $218.35. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market cap of $84.34 billion, a P/E ratio of 10.12, a PEG ratio of 1.21 and a beta of 1.08.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The firm had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. Accenture had a net margin of 10.66% and a return on equity of 26.47%. Accenture’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, equities analysts predict that Accenture PLC will post 13.85 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be given a dividend of $1.63 per share. The ex-dividend date is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.1%. Accenture’s dividend payout ratio (DPR) is presently 52.08%.

About Accenture

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.