Private Wealth Partners LLC Buys 3,963 Shares of Accenture PLC $ACN

Private Wealth Partners LLC increased its stake in shares of Accenture PLC (NYSE:ACN) by 99.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,957 shares of the information technology services provider’s stock after purchasing an additional 3,963 shares during the quarter. Private Wealth Partners LLC’s holdings in Accenture were worth $1,459,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Dogwood Wealth Management LLC raised its position in Accenture by 147.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 128 shares during the last quarter. IMG Wealth Management Inc. lifted its holdings in Accenture by 134.8% during the 1st quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock worth $31,000 after buying an additional 89 shares in the last quarter. Arlington Trust Co LLC boosted its position in Accenture by 110.4% in the 2nd quarter. Arlington Trust Co LLC now owns 284 shares of the information technology services provider’s stock valued at $35,000 after buying an additional 149 shares during the last quarter. S&G Foundation bought a new position in Accenture in the 2nd quarter valued at $37,000. Finally, Whipplewood Advisors LLC increased its stake in shares of Accenture by 57.9% in the 1st quarter. Whipplewood Advisors LLC now owns 210 shares of the information technology services provider’s stock valued at $42,000 after buying an additional 77 shares during the period. Institutional investors and hedge funds own 75.14% of the company’s stock.

Key Headlines Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture’s consensus price target reportedly increased 12.22% to $238.14, while a bullish analysis projects an additional 23% total return through December 2027. These updates suggest some analysts continue to see upside from the company’s AI and digital-transformation growth. Accenture consensus price target increased Accenture total return analysis
• Positive Sentiment: Accenture Federal Services is working with Google Public Sector on Gemini launchpads for U.S. federal agencies. The initiative could expand Accenture’s government AI pipeline and reinforce its position as a generative-AI implementation partner. Accenture federal AI push
• Positive Sentiment: The company’s latest quarterly results surpassed expectations, with earnings of $3.29 per share versus $3.18 expected and revenue of $18.68 billion versus $18.03 billion expected. Revenue grew 6.2% year over year, and Accenture also raised its quarterly dividend to $1.71 per share from $1.63.
• Neutral Sentiment: Accenture is reviewing options for its Greater China business, potentially including a divestiture. A sale could reduce geopolitical exposure and simplify operations, but the review introduces uncertainty about the region’s future contribution.
• Negative Sentiment: Robert W. Baird downgraded Accenture from Outperform to Neutral, citing the stock’s sharp rebound and concern that the valuation already reflects much of the expected growth. Baird maintained a $252 price target, offering limited upside relative to recent trading levels. Baird downgrade
• Negative Sentiment: CEO Ryoji Sekido sold approximately $1.43 million of stock, reducing his direct holdings by 83%, while Chief Accounting Officer Melissa Burgum sold $202,750 under a pre-arranged Rule 10b5-1 plan. Planned sales do not necessarily signal weaker fundamentals, but the transactions may weigh on sentiment.

Analyst Upgrades and Downgrades

ACN has been the subject of a number of recent research reports. Stifel Nicolaus set a $242.00 target price on Accenture in a research report on Thursday, October 15th. Argus raised their price target on Accenture from $220.00 to $260.00 and gave the company a “buy” rating in a report on Friday, October 2nd. Truist Financial raised their price target on Accenture from $150.00 to $220.00 and gave the company a “hold” rating in a report on Friday, October 2nd. JPMorgan Chase & Co. lifted their price objective on Accenture from $179.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, September 25th. Finally, Guggenheim reissued a “neutral” rating on shares of Accenture in a report on Friday, October 2nd. Ten investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Accenture has a consensus rating of “Hold” and a consensus price target of $219.52.

Insider Buying and Selling

In other news, CAO Melissa Burgum sold 811 shares of the company’s stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of $250.00, for a total value of $202,750.00. Following the completion of the sale, the chief accounting officer directly owned 9,820 shares of the company’s stock, valued at $2,455,000. This represents a 7.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Joel Unruch sold 10,498 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $162.98, for a total value of $1,710,964.04. Following the completion of the sale, the general counsel directly owned 17,735 shares of the company’s stock, valued at approximately $2,890,450.30. This trade represents a 37.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 19,173 shares of company stock valued at $3,758,527 over the last 90 days. 0.02% of the stock is owned by corporate insiders.

Accenture Trading Down 3.6%

Shares of Accenture stock traded down $9.32 on Friday, hitting $249.42. 6,845,748 shares of the company’s stock traded hands, compared to its average volume of 8,265,866. The firm’s 50-day moving average price is $196.03 and its two-hundred day moving average price is $176.15. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 1.34. The stock has a market capitalization of $147.42 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 1.99 and a beta of 1.11. Accenture PLC has a one year low of $118.15 and a one year high of $291.09.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. The business had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $18.03 billion. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.03 earnings per share. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, research analysts expect that Accenture PLC will post 14.68 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be issued a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a yield of 2.7%. This is an increase from Accenture’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, October 13th. Accenture’s dividend payout ratio (DPR) is 50.44%.

Accenture Company Profile

Accenture plc is a global professional services company that helps organizations transform their businesses through consulting, technology and managed services. Its work spans strategy and consulting, technology implementation, operations, and interactive customer experiences.

The company provides services in areas including cloud computing, artificial intelligence, cybersecurity, data and analytics, digital engineering, enterprise software, systems integration and business process outsourcing.