111 Capital Trims Stock Holdings in Accenture PLC $ACN

111 Capital trimmed its position in Accenture PLC (NYSE:ACN) by 79.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,591 shares of the information technology services provider’s stock after selling 9,805 shares during the period. 111 Capital’s holdings in Accenture were worth $695,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new stake in Accenture in the third quarter worth $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Accenture in the fourth quarter worth $27,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Accenture in the fourth quarter worth $27,000. Private Wealth Management Group LLC grew its stake in shares of Accenture by 96.4% in the fourth quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 53 shares during the last quarter. Finally, Steph & Co. grew its stake in shares of Accenture by 107.5% in the fourth quarter. Steph & Co. now owns 110 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 57 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the 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 transaction, the chief executive officer owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. This represents a 27.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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. Corporate insiders own 0.02% of the company’s stock.

Key Accenture News

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

Accenture Trading Down 0.2%

Shares of NYSE:ACN opened at $178.45 on Friday. The company has a market cap of $118.75 billion, a P/E ratio of 14.62, a PEG ratio of 1.69 and a beta of 1.08. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.34. Accenture PLC has a 1 year low of $155.82 and a 1 year high of $321.77. The stock’s fifty day moving average price is $184.29 and its 200-day moving average price is $224.34.

Accenture (NYSE:ACN) last announced its quarterly 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. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The firm had revenue of $18.04 billion for the quarter, compared to the consensus estimate of $17.80 billion. During the same period in the prior year, the company posted $2.82 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Sell-side analysts expect that Accenture PLC will post 13.88 earnings per share for the current year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 9th were issued a $1.63 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a yield of 3.7%. Accenture’s dividend payout ratio is currently 53.40%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ACN. Morgan Stanley cut their target price on Accenture from $320.00 to $240.00 and set an “overweight” rating on the stock in a research note on Monday, March 16th. Wells Fargo & Company cut their target price on Accenture from $275.00 to $248.00 and set an “overweight” rating on the stock in a research note on Thursday. Guggenheim cut their target price on Accenture from $275.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. HSBC cut their target price on Accenture from $220.00 to $210.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Finally, BMO Capital Markets cut their target price on Accenture from $300.00 to $230.00 and set a “market perform” rating on the stock in a research note on Friday, March 20th. Seventeen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Accenture currently has an average rating of “Moderate Buy” and an average price target of $265.54.

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.