Capital International Sarl raised its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 100.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 38,425 shares of the information technology services provider’s stock after purchasing an additional 19,238 shares during the quarter. Capital International Sarl’s holdings in Accenture were worth $10,309,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Capital International Ltd. CA increased its holdings in shares of Accenture by 200.5% during the 4th quarter. Capital International Ltd. CA now owns 14,359 shares of the information technology services provider’s stock worth $3,853,000 after purchasing an additional 9,581 shares during the period. Capital International Inc. CA increased its holdings in shares of Accenture by 6.6% during the 4th quarter. Capital International Inc. CA now owns 194,467 shares of the information technology services provider’s stock worth $52,175,000 after purchasing an additional 12,013 shares during the period. Capital International Investors boosted 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 acquiring an additional 343,420 shares in the last quarter. Capital Group Private Client Services Inc. boosted its position in shares of Accenture by 5.4% during the 4th quarter. Capital Group Private Client Services Inc. now owns 36,799 shares of the information technology services provider’s stock valued at $9,873,000 after acquiring an additional 1,880 shares in the last quarter. Finally, Capital Group Investment Management PTE. LTD. boosted its position in shares of Accenture by 173.0% during the 4th quarter. Capital Group Investment Management PTE. LTD. now owns 3,009 shares of the information technology services provider’s stock valued at $807,000 after acquiring an additional 1,907 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.
Insider Activity
In other news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at approximately $2,267,746.28. This represents 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 accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.
Accenture News Roundup
- Positive Sentiment: Zacks highlighted Accenture’s strong earnings-surprise track record and said the company has the ingredients for another beat when it next reports results, which can lift sentiment ahead of earnings. Will Accenture (ACN) Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: Stifel Nicolaus reiterated its Buy rating on Accenture, reinforcing the view that the stock remains attractive at current levels. Stifel Nicolaus Sticks to Its Buy Rating for Accenture (ACN)
- Positive Sentiment: Accenture announced a strategic investment and partnership with AlphaSense to bring agentic AI workflows for market intelligence to enterprises, underscoring continued momentum in AI services and enterprise transformation. Accenture and AlphaSense Announce Strategic Investment and Partnership to Bring Agentic Workflows for Market Intelligence to Enterprises
- Positive Sentiment: TEPCO Solution Advance also said it is working with Accenture to reinvent operations with AI, adding another example of new client demand tied to Accenture’s AI consulting capabilities. TEPCO Solution Advance Teams with Accenture to Reinvent Operations with AI
- Neutral Sentiment: Several recent opinion pieces argued that Accenture looks undervalued on earnings and cash flow metrics, which may help investor confidence, but these were commentary rather than new fundamentals. Accenture: A 57% Drop Meets A 12.8 P/E – The Ultimate Margin Of Safety
- Neutral Sentiment: Other analysis said AI is accelerating demand rather than disrupting Accenture’s business model, supporting the long-term bull case but not changing near-term results on its own. Accenture: AI Is Accelerating Instead Of Disrupting The Consultancy
- Negative Sentiment: At least one recent valuation update trimmed Accenture’s fair value estimate and another note pointed to softer IT spending and AI competition, reflecting lingering caution around growth and margins. How The Investment Story For Accenture (ACN) Is Shifting With AI And Softer IT Spending
Wall Street Analyst Weigh In
ACN has been the topic of several recent research reports. Guggenheim decreased their target price on shares of Accenture from $275.00 to $250.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. The Goldman Sachs Group decreased their target price on shares of Accenture from $300.00 to $270.00 and set a “buy” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Accenture from $243.00 to $247.00 and gave the company an “overweight” rating in a research report on Friday, March 20th. TD Cowen decreased their target price on shares of Accenture from $282.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday, March 16th. Finally, Stifel Nicolaus decreased their target price on shares of Accenture from $315.00 to $270.00 and set a “buy” rating on the stock in a research report on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and an average price target of $265.54.
Get Our Latest Stock Report on ACN
Accenture Stock Performance
NYSE:ACN opened at $178.45 on Monday. Accenture PLC has a 1 year low of $155.82 and a 1 year high of $321.77. The firm has a 50 day moving average of $184.29 and a 200-day moving average of $224.23. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $118.75 billion, a P/E ratio of 14.62, a price-to-earnings-growth ratio of 1.69 and a beta of 1.09.
Accenture (NYSE:ACN – Get Free Report) last posted its earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.09. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The company had revenue of $18.04 billion during the quarter, compared to analysts’ expectations of $17.80 billion. During the same quarter in the previous year, the company posted $2.82 earnings per share. Accenture’s quarterly revenue was up 7.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Accenture PLC will post 13.88 EPS for the current fiscal year.
Accenture Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 9th were paid a $1.63 dividend. The ex-dividend date was Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.7%. Accenture’s payout ratio is 53.40%.
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.
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