Evolve Private Wealth LLC Sells 4,343 Shares of Accenture PLC $ACN

Evolve Private Wealth LLC decreased its holdings in Accenture PLC (NYSE:ACN) by 64.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,425 shares of the information technology services provider’s stock after selling 4,343 shares during the period. Evolve Private Wealth LLC’s holdings in Accenture were worth $481,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Triumph Capital Management acquired a new position in shares of Accenture in the 3rd quarter valued at $26,000. Board of the Pension Protection Fund acquired a new stake in Accenture in the 4th quarter valued at $27,000. Laurel Wealth Advisors LLC purchased a new stake in Accenture in the 4th quarter worth $27,000. McMillan Office Inc. acquired a new position in shares of Accenture during the fourth quarter valued at approximately $27,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Accenture in the fourth quarter valued at about $27,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Accenture

In related 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 transaction of $863,026.08. Following the completion of the sale, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. This trade represents a 27.57% decrease in their position. The transaction 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. 0.02% of the stock is currently owned by insiders.

More Accenture News

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

Analysts Set New Price Targets

ACN has been the topic of a number of analyst reports. Wells Fargo & Company reiterated an “overweight” rating and set a $200.00 price objective on shares of Accenture in a research report on Monday. JPMorgan Chase & Co. cut their price objective on Accenture from $247.00 to $201.00 and set an “overweight” rating for the company in a research report on Monday, June 8th. Susquehanna reduced their price objective on shares of Accenture from $186.00 to $140.00 and set a “neutral” rating on the stock in a report on Monday. Wolfe Research reaffirmed an “outperform” rating and set a $200.00 price objective on shares of Accenture in a research report on Tuesday, June 16th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $150.00 target price on shares of Accenture in a research report on Friday, June 19th. Twelve investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $195.00.

Accenture Stock Performance

NYSE:ACN opened at $128.94 on Friday. Accenture PLC has a twelve month low of $118.15 and a twelve month high of $307.77. The company has a market capitalization of $86.11 billion, a P/E ratio of 10.30, a price-to-earnings-growth ratio of 1.24 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 0.15. The firm has a 50-day moving average price of $170.63 and a two-hundred day moving average price of $213.51.

Accenture (NYSE:ACN) last issued its quarterly earnings data 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. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The business had revenue of $18.72 billion during the quarter, compared to analysts’ expectations of $18.78 billion. During the same period last year, the company posted $3.49 EPS. The company’s revenue was up 5.6% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, research analysts expect that Accenture PLC will post 13.84 earnings per share for the current fiscal year.

Accenture announced that its Board of Directors has initiated a share buyback program on Tuesday, June 23rd that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to reacquire up to 2.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Accenture Dividend Announcement

The business 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 $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Thursday, July 9th. Accenture’s dividend payout ratio is currently 52.08%.

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.