Accenture PLC $ACN Stake Lessened by ABN AMRO Bank N.V.

ABN AMRO Bank N.V. lowered its position in shares of Accenture PLC (NYSE:ACN) by 47.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 21,967 shares of the information technology services provider’s stock after selling 19,831 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Accenture were worth $4,397,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ACN. Triumph Capital Management bought a new position in Accenture in the third quarter worth about $26,000. Board of the Pension Protection Fund acquired a new stake in Accenture in the fourth quarter worth $27,000. Laurel Wealth Advisors LLC acquired a new position in shares of Accenture during the fourth quarter valued at $27,000. McMillan Office Inc. bought a new position in shares of Accenture during the fourth quarter worth about $27,000. Finally, University of Texas Texas AM Investment Management Co. bought a new position in shares of Accenture during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Price Performance

NYSE ACN opened at $128.94 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. Accenture PLC has a 1 year low of $118.15 and a 1 year high of $307.77. The company has a market cap of $86.11 billion, a PE ratio of 10.30, a PEG ratio of 1.28 and a beta of 1.08. The stock’s 50-day moving average price is $170.63 and its two-hundred day moving average price is $213.51.

Accenture (NYSE:ACN) last released its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, analysts predict that Accenture PLC will post 13.84 EPS for the current year.

Accenture Announces Dividend

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

Accenture announced that its board has approved a stock buyback plan on Tuesday, June 23rd that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the information technology services provider to repurchase up to 2.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages recently weighed in on ACN. HSBC cut their price objective on shares of Accenture from $220.00 to $210.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Robert W. Baird set a $190.00 price target on Accenture in a report on Thursday, June 18th. Truist Financial reduced their price objective on Accenture from $210.00 to $150.00 and set a “hold” rating for the company in a research report on Monday, June 22nd. Evercore set a $180.00 target price on Accenture in a research report on Thursday, June 18th. Finally, Oppenheimer set a $201.00 target price on Accenture in a research note on Monday, June 8th. Twelve research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $195.00.

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

Insider Buying and Selling

In other news, CEO Atsushi Egawa sold 4,872 shares of Accenture stock in a transaction that occurred on Thursday, April 30th. The shares were 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 $2,267,746.28. This trade represents a 27.57% decrease in their ownership of the stock. 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 owned by insiders.

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.