Accenture PLC $ACN Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its stake in shares of Accenture PLC (NYSE:ACN) by 16.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,020 shares of the information technology services provider’s stock after acquiring an additional 5,308 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Accenture were worth $7,539,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of ACN. Cidel Asset Management Inc. increased its position in shares of Accenture by 46.4% in the 1st quarter. Cidel Asset Management Inc. now owns 4,793 shares of the information technology services provider’s stock worth $950,000 after purchasing an additional 1,520 shares during the last quarter. Riverbridge Partners LLC grew its stake in Accenture by 69.7% in the first quarter. Riverbridge Partners LLC now owns 3,589 shares of the information technology services provider’s stock worth $712,000 after purchasing an additional 1,474 shares in the last quarter. HHM Wealth Advisors LLC increased its holdings in Accenture by 64.4% in the first quarter. HHM Wealth Advisors LLC now owns 296 shares of the information technology services provider’s stock valued at $59,000 after buying an additional 116 shares during the last quarter. Kennebec Savings Bank raised its stake in Accenture by 38.0% during the first quarter. Kennebec Savings Bank now owns 218 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 60 shares in the last quarter. Finally, Prentice Wealth Management LLC lifted its holdings in Accenture by 3.6% during the 1st quarter. Prentice Wealth Management LLC now owns 2,139 shares of the information technology services provider’s stock worth $424,000 after buying an additional 75 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ACN. Morgan Stanley lowered their price target on Accenture from $177.00 to $130.00 and set an “equal weight” rating for the company in a report on Monday, June 22nd. Dbs Bank cut Accenture from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. UBS Group reaffirmed a “buy” rating on shares of Accenture in a report on Tuesday, June 16th. Piper Sandler set a $282.00 target price on shares of Accenture in a report on Thursday, March 5th. Finally, Guggenheim reduced their price target on shares of Accenture from $225.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Twelve analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Accenture currently has an average rating of “Hold” and an average price target of $195.00.

Insider Buying and Selling at Accenture

In related news, CEO Atsushi Egawa sold 4,872 shares of Accenture stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the sale, the chief executive officer directly owned 12,802 shares in the company, valued at $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 is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by corporate insiders.

Accenture Price Performance

Shares of NYSE:ACN opened at $128.94 on Monday. The firm’s 50 day moving average is $170.63 and its two-hundred day moving average is $213.13. The firm has a market capitalization of $86.11 billion, a P/E ratio of 10.30, a PEG ratio of 1.28 and a beta of 1.09. 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 52 week low of $118.15 and a 52 week high of $307.77.

Accenture (NYSE:ACN) 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. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The business had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. During the same period in the prior year, the company posted $3.49 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Analysts anticipate that Accenture PLC will post 13.84 earnings per share for the current year.

Accenture Announces Dividend

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

Accenture announced that its Board of Directors has authorized a share repurchase 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 repurchase up to 2.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

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.