125,400 Shares in Accenture PLC $ACN Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC bought a new stake in shares of Accenture PLC (NYSE:ACN) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 125,400 shares of the information technology services provider’s stock, valued at approximately $24,866,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in ACN. Vanguard Group Inc. increased its stake in Accenture by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider’s stock valued at $17,726,831,000 after acquiring an additional 854,361 shares during the last quarter. State Street Corp boosted its holdings in shares of Accenture by 0.5% in the 4th quarter. State Street Corp now owns 28,264,675 shares of the information technology services provider’s stock worth $7,583,462,000 after purchasing an additional 129,610 shares in the last quarter. Capital International Investors increased its position in shares of Accenture by 2.0% during the 4th quarter. Capital International Investors now owns 17,471,554 shares of the information technology services provider’s stock valued at $4,687,867,000 after purchasing an additional 343,420 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Accenture by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 14,656,436 shares of the information technology services provider’s stock valued at $3,922,212,000 after buying an additional 218,719 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Accenture by 5.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,693,994 shares of the information technology services provider’s stock worth $2,869,199,000 after buying an additional 546,198 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. The Goldman Sachs Group reduced their price target on shares of Accenture from $270.00 to $230.00 and set a “neutral” rating on the stock in a research report on Thursday, June 18th. Evercore set a $180.00 price objective on shares of Accenture in a research note on Thursday, June 18th. William Blair lowered shares of Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday, June 18th. Stifel Nicolaus lowered their price target on shares of Accenture from $315.00 to $270.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Finally, TD Cowen lowered shares of Accenture from a “buy” rating to a “hold” rating and cut their price target for the company from $258.00 to $150.00 in a research report on Monday, June 22nd. Twelve equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $192.96.

Accenture Price Performance

Shares of Accenture stock opened at $173.23 on Thursday. The firm has a market cap of $115.68 billion, a PE ratio of 13.84, a price-to-earnings-growth ratio of 1.70 and a beta of 1.13. Accenture PLC has a 12-month low of $118.15 and a 12-month high of $291.09. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. The company’s fifty day simple moving average is $153.10 and its two-hundred day simple moving average is $192.11.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. The business 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%.Accenture’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, equities analysts expect that Accenture PLC will post 13.85 EPS for the current year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 9th will be paid a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, July 9th. Accenture’s dividend payout ratio is presently 52.08%.

Accenture declared that its board has approved a share buyback plan on Tuesday, June 23rd that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the information technology services provider to buy up to 2.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a $2 billion share-repurchase program and a new quarterly dividend, providing a direct boost to shareholder returns. The move followed fiscal third-quarter results that included adjusted earnings of $3.80 per share, above the $3.70 consensus estimate, while revenue rose 5.6% year over year to $18.72 billion. Why Are Accenture Shares Soaring Today
• Positive Sentiment: Accenture and Radisson Hotel Group launched an AI-powered hotel-discovery application within ChatGPT. The tool allows travelers to search more than 1,000 properties in over 100 countries using natural language and then complete bookings through Radisson’s website. The project strengthens Accenture’s position in “agentic commerce” and could lead to further travel-industry transformation work. Radisson Hotel Group and Accenture Redefine Travel Discovery on ChatGPT
• Neutral Sentiment: Accenture’s earnings preview and recent investor commentary highlight a mixed backdrop: the company benefits from strong demand for AI-related services, but growth has lagged some higher-momentum AI companies. Management’s fiscal 2026 earnings guidance of approximately $13.78–$13.90 per share remains an important measure for investors. Accenture Earnings Preview
• Negative Sentiment: A comparison with Palantir argues that Palantir currently has stronger U.S. commercial growth, larger AI contracts, and better estimates. The comparison reinforces concerns that Accenture could face slower growth or disruption as clients adopt AI tools and as competition intensifies. PLTR vs. ACN

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.