Accenture (NYSE:ACN) Downgraded to Hold Rating by Dbs Bank

Accenture (NYSE:ACN) was downgraded by investment analysts at Dbs Bank from a “moderate buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

ACN has been the topic of a number of other research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Accenture in a report on Tuesday, June 9th. JPMorgan Chase & Co. cut their target price on Accenture from $247.00 to $201.00 and set an “overweight” rating on the stock in a research report on Monday, June 8th. Royal Bank Of Canada reduced their target price on Accenture from $253.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday. UBS Group restated a “buy” rating on shares of Accenture in a research note on Tuesday, June 16th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $150.00 price objective on shares of Accenture in a report on Friday, June 19th. Thirteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to data from MarketBeat, Accenture presently has an average rating of “Hold” and a consensus target price of $196.85.

Accenture Stock Up 1.6%

Shares of NYSE:ACN opened at $129.10 on Tuesday. Accenture has a 12-month low of $118.15 and a 12-month high of $307.77. The stock’s 50-day moving average price is $173.22 and its two-hundred day moving average price is $215.09. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. The firm has a market cap of $85.91 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 1.26 and a beta of 1.08.

Accenture (NYSE:ACN) last released its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.10. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The business had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.78 billion. During the same period last year, the company earned $3.49 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, research analysts forecast that Accenture will post 13.84 EPS for the current year.

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

Insider Buying and Selling at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of 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 can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Accenture

A number of institutional investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its stake in shares of Accenture by 27.7% during the first quarter. Pacer Advisors Inc. now owns 1,794,695 shares of the information technology services provider’s stock valued at $355,870,000 after acquiring an additional 389,483 shares in the last quarter. Lombard Odier Asset Management Europe Ltd lifted its stake in shares of Accenture by 27.2% in the first quarter. Lombard Odier Asset Management Europe Ltd now owns 20,673 shares of the information technology services provider’s stock worth $4,099,000 after acquiring an additional 4,423 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in Accenture by 0.7% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 15,516 shares of the information technology services provider’s stock valued at $3,077,000 after purchasing an additional 102 shares during the last quarter. Farmers National Bank grew its stake in Accenture by 6.0% during the 1st quarter. Farmers National Bank now owns 22,580 shares of the information technology services provider’s stock valued at $4,477,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Financial Solutions Advisory Group Inc. purchased a new stake in Accenture during the 1st quarter worth approximately $939,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a $2.0 billion share repurchase expansion, a signal management sees the stock as undervalued and a support for shareholder returns.
• Positive Sentiment: New business wins and strategic AI-related partnerships, including a software-defined commercial vehicle agreement with Coretura and AI collaborations with Adobe, show Accenture remains active in high-growth transformation projects.
• Positive Sentiment: Several articles argued the recent drop may be creating a long-term buying opportunity, with valuation-focused coverage pointing to potential upside and a DCF-based fair value estimate well above the current price.
• Neutral Sentiment: Recent analysis highlighted Accenture’s international revenue trends as an important factor for Wall Street analysts, suggesting the global mix of business could help or hurt future estimates depending on regional demand.
• Neutral Sentiment: Analyst updates were mixed: DA Davidson and Mizuho both cut price targets, but each kept constructive ratings on the stock, indicating lowered expectations rather than a fully bearish stance.
• Negative Sentiment: Coverage continues to emphasize AI-related disruption concerns and weaker bookings, which are the main reasons investors are reassessing Accenture’s near-term revenue growth and valuation.

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.