Fort Washington Investment Advisors Inc. OH Boosts Stake in Accenture PLC $ACN

Fort Washington Investment Advisors Inc. OH lifted its holdings in Accenture PLC (NYSE:ACNFree Report) by 3.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 153,083 shares of the information technology services provider’s stock after acquiring an additional 5,612 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Accenture were worth $30,355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Teacher Retirement System of Texas lifted its position in shares of Accenture by 27.7% during the 4th quarter. Teacher Retirement System of Texas now owns 282,340 shares of the information technology services provider’s stock valued at $75,752,000 after buying an additional 61,314 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in Accenture by 197.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 141,484 shares of the information technology services provider’s stock worth $37,960,000 after acquiring an additional 93,880 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Accenture by 36.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 557,516 shares of the information technology services provider’s stock valued at $149,582,000 after acquiring an additional 149,357 shares during the period. Vanguard Group Inc. lifted its holdings in Accenture by 1.3% during the fourth 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 purchasing an additional 854,361 shares during the last quarter. Finally, Swiss Life Asset Management Ltd boosted its position in Accenture by 12.0% during the fourth quarter. Swiss Life Asset Management Ltd now owns 335,314 shares of the information technology services provider’s stock worth $89,965,000 after purchasing an additional 36,037 shares during the period. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

  • Negative Sentiment: BNP Paribas Exane cut its price target on Accenture from $180 to $130 and kept a neutral rating, citing execution and growth risks. MarketScreener
  • Negative Sentiment: DBS Bank downgraded Accenture to hold, and other coverage pointed to weaker-than-expected FY2026 guidance, adding pressure to near-term sentiment. Zacks
  • Negative Sentiment: Law firms Bragar Eagel & Squire and Kirby McInerney announced investigations into possible securities issues involving Accenture, which can create headline risk for the stock. GlobeNewswire
  • Neutral Sentiment: Some commentary argued the market may be too quick to label Accenture an “AI loser,” suggesting its AI and growth narrative may still have upside if execution improves. TipRanks
  • Neutral Sentiment: Several articles noted Accenture is drawing heavier trading and investor attention, reflecting debate about whether the stock can recover after a steep year-to-date decline. Yahoo Finance

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. William Blair lowered shares of Accenture from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 18th. Morgan Stanley reduced their price objective on shares of Accenture from $177.00 to $130.00 and set an “equal weight” rating for the company in a research note on Monday, June 22nd. Oppenheimer set a $201.00 target price on shares of Accenture in a report on Monday, June 8th. TD Cowen lowered Accenture from a “buy” rating to a “hold” rating and cut their price target for the stock from $258.00 to $150.00 in a report on Monday, June 22nd. Finally, HSBC reduced their price target on Accenture from $220.00 to $210.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Twelve equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, Accenture currently has a consensus rating of “Hold” and a consensus price target of $195.00.

Get Our Latest Analysis on Accenture

Insider Activity

In other news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the transaction, the chief executive officer 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 Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

Accenture Stock Down 0.0%

Shares of NYSE:ACN opened at $128.94 on Monday. The firm has a fifty day moving average price of $170.63 and a two-hundred day moving average price of $213.13. The company has a market cap of $86.11 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 1.28 and a beta of 1.09. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.34. Accenture PLC has a one year low of $118.15 and a one year high of $307.77.

Accenture (NYSE:ACNGet Free Report) last issued its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion for the quarter, compared to the consensus estimate of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Analysts anticipate that Accenture PLC will post 13.84 EPS for the current fiscal year.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 5.1%. Accenture’s dividend payout ratio (DPR) is presently 52.08%.

Accenture declared that its board has approved a share buyback program on Tuesday, June 23rd that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the information technology services provider to buy up to 2.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Accenture Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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