Analysts Set Accenture PLC (NYSE:ACN) Target Price at $297.20

Accenture PLC (NYSE:ACN) has received a consensus rating of “Moderate Buy” from the twenty-eight research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and sixteen have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $297.20.

Several research analysts have commented on the stock. Guggenheim raised their price target on shares of Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a report on Monday, December 15th. Robert W. Baird reduced their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. Deutsche Bank Aktiengesellschaft upped their target price on Accenture from $235.00 to $265.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. HSBC boosted their price objective on Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th.

Insider Transactions at Accenture

In other Accenture news, insider Manish Sharma sold 2,731 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the sale, the insider owned 7,057 shares in the company, valued at $2,033,333.41. This trade represents a 27.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $253.40, for a total value of $2,280,600.00. Following the completion of the transaction, the chief executive officer owned 14,516 shares of the company’s stock, valued at $3,678,354.40. The trade was a 38.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 21,674 shares of company stock worth $5,661,414 in the last three months. Insiders own 0.02% of the company’s stock.

Institutional Investors Weigh In On Accenture

A number of institutional investors have recently made changes to their positions in ACN. Jaffetilchin Investment Partners LLC boosted its position in Accenture by 4.2% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 878 shares of the information technology services provider’s stock valued at $236,000 after buying an additional 35 shares during the period. Firethorn Wealth Partners LLC boosted its holdings in Accenture by 4.4% during the 2nd quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock valued at $255,000 after acquiring an additional 36 shares during the period. Wealthcare Advisory Partners LLC grew its position in Accenture by 0.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock worth $1,465,000 after acquiring an additional 38 shares during the last quarter. Clayton Financial Group LLC increased its stake in Accenture by 13.1% in the 4th quarter. Clayton Financial Group LLC now owns 329 shares of the information technology services provider’s stock worth $88,000 after purchasing an additional 38 shares during the period. Finally, Capital Advisors Ltd. LLC lifted its position in Accenture by 3.5% in the second quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock valued at $363,000 after purchasing an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Performance

Shares of ACN opened at $280.71 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a market capitalization of $172.81 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 2.63 and a beta of 1.25. Accenture has a 52-week low of $229.40 and a 52-week high of $398.35. The stock’s 50-day simple moving average is $266.31 and its 200 day simple moving average is $258.62.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the business posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Research analysts forecast that Accenture will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be given a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.3%. Accenture’s payout ratio is 53.88%.

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.