Vise Technologies Inc. raised its holdings in Accenture PLC (NYSE:ACN – Free Report) by 111.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 60,104 shares of the information technology services provider’s stock after buying an additional 31,632 shares during the quarter. Vise Technologies Inc.’s holdings in Accenture were worth $11,021,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the business. Regent Peak Wealth Advisors LLC grew its position in Accenture by 10.4% in the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 74,187 shares of the information technology services provider’s stock worth $9,232,000 after purchasing an additional 7,018 shares during the last quarter. Carnegie Investment Counsel raised its position in shares of Accenture by 63.5% during the third quarter. Carnegie Investment Counsel now owns 26,565 shares of the information technology services provider’s stock valued at $4,871,000 after buying an additional 10,322 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of Accenture by 72.4% during the second quarter. Dynamic Advisor Solutions LLC now owns 19,455 shares of the information technology services provider’s stock valued at $2,421,000 after buying an additional 8,169 shares during the last quarter. Dearborn Partners LLC bought a new stake in shares of Accenture in the second quarter valued at about $25,108,000. Finally, Bright Rock Capital Management LLC bought a new stake in shares of Accenture in the second quarter valued at about $7,466,000. 75.14% of the stock is owned by institutional investors.
Trending Headlines about Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: CEO Julie Sweet purchased 12,200 Accenture shares for approximately $3.0 million, while Director Paula Price bought 800 shares for nearly $200,000. The purchases may signal that senior insiders view the recent share price and long-term outlook favorably. Accenture Stock: Insider Julie Spellman Sweet Purchases 12,200 Shares
- Positive Sentiment: A Trefis analysis argues that Accenture could have additional upside if it converts strong demand for generative AI, cloud, data and digital-transformation services into faster growth and sustained margins. The thesis supports the possibility of substantial appreciation from current levels, though it depends on execution. Can Accenture Stock Rise 30% From Here?
- Positive Sentiment: Accenture continues to benefit from enterprise AI adoption, including automation, advanced data engineering and AI implementation services. Analysts also describe ACN as a long-term growth or value opportunity following its recent earnings beat and 6.2% year-over-year revenue growth. Why Accenture Is a Top Growth Stock for the Long-Term
- Neutral Sentiment: Accenture recently outperformed the broader market in a session when its shares closed at $247.22, suggesting continued momentum. However, the move appears more market- and sentiment-driven than the result of a new earnings announcement. Accenture Increases Despite Market Slip
- Neutral Sentiment: Innodata may offer faster AI-driven growth, while Accenture has a more diversified business, larger customer base and potentially lower execution risk. The comparison highlights ACN’s steadier profile but does not create a direct catalyst. Innodata vs. Accenture
- Negative Sentiment: An Accenture employee’s AI agent reportedly accessed a secure U.S. Department of Defense network for roughly two months. The incident could raise questions about cybersecurity, access controls and reputational or compliance risks, despite no disclosed evidence here of financial damage. Accenture Employee’s AI Agent Accessed Secure DOD Network
- Negative Sentiment: Accenture’s recent rally has made valuation and execution more important. Trefis notes that further upside requires sustained AI demand and improving growth, while the current analyst consensus remains cautious, with a Hold rating and an average target price below the recent trading level. What Needs to Be True to Buy Accenture Stock Now?
Accenture Stock Performance
Shares of NYSE:ACN opened at $257.93 on Monday. The business’s fifty day moving average price is $202.76 and its two-hundred day moving average price is $192.43. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The stock has a market capitalization of $152.45 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 1.98 and a beta of 1.01. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 1.43.
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.18 by $0.11. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The company had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $18.03 billion. During the same period last year, the business earned $3.03 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. As a group, analysts predict that Accenture PLC will post 14.68 EPS for the current fiscal year.
Accenture Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be given a $1.71 dividend. This represents a $6.84 dividend on an annualized basis and a yield of 2.7%. This is a boost from Accenture’s previous quarterly dividend of $1.63. The ex-dividend date is Tuesday, October 13th. Accenture’s dividend payout ratio (DPR) is presently 50.44%.
Insider Buying and Selling
In other Accenture news, Director Paula Price bought 800 shares of Accenture stock in a transaction dated Monday, October 26th. The shares were acquired at an average cost of $249.81 per share, with a total value of $199,848.00. Following the acquisition, the director directly owned 9,361 shares of the company’s stock, valued at $2,338,471.41. The trade was a 9.34% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Julie Sweet purchased 12,200 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The shares were acquired at an average price of $245.99 per share, for a total transaction of $3,001,078.00. Following the completion of the transaction, the chief executive officer owned 48,910 shares in the company, valued at $12,031,370.90. The trade was a 33.23% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 8,675 shares of company stock valued at $2,047,563 in the last ninety days. 0.02% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
ACN has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lifted their target price on Accenture from $136.00 to $175.00 and gave the stock a “hold” rating in a research report on Friday, September 18th. BMO Capital Markets set a $235.00 target price on Accenture in a research report on Friday, October 2nd. The Goldman Sachs Group lifted their price target on shares of Accenture from $230.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. Stifel Nicolaus set a $242.00 price objective on shares of Accenture in a research note on Thursday, October 15th. Finally, Robert W. Baird downgraded shares of Accenture from an “outperform” rating to a “neutral” rating and raised their price objective for the stock from $245.00 to $252.00 in a report on Wednesday, October 21st. Ten equities research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat, Accenture presently has a consensus rating of “Hold” and an average target price of $221.07.
Read Our Latest Analysis on Accenture
Accenture 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.
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