Brokerages Set Accenture PLC (NYSE:ACN) PT at $297.20

Accenture PLC (NYSE:ACN) has received an average rating of “Moderate Buy” from the twenty-nine research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and sixteen have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $297.8077.

Several research analysts recently weighed in on ACN shares. Rothschild & Co Redburn boosted their target price on shares of Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Susquehanna increased their target price on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, Truist Financial assumed coverage on shares of Accenture in a research report on Tuesday, January 6th. They set a “buy” rating and a $317.00 price target for the company.

Accenture Price Performance

Shares of ACN opened at $281.00 on Monday. The firm has a 50-day simple moving average of $267.78 and a 200-day simple moving average of $258.09. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market capitalization of $172.99 billion, a price-to-earnings ratio of 23.22, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. Accenture has a fifty-two week low of $229.40 and a fifty-two week high of $398.35.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter last year, the business earned $3.59 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities research analysts anticipate that Accenture will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio is 53.88%.

Insiders Place Their Bets

In other Accenture news, CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $280.00, for a total transaction of $140,000.00. Following the transaction, the chief executive officer owned 7,123 shares of the company’s stock, valued at $1,994,440. The trade was a 6.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Manish Sharma sold 2,731 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the transaction, the insider directly owned 7,057 shares in the company, valued at approximately $2,033,333.41. The trade was a 27.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,674 shares of company stock valued at $5,661,414 in the last 90 days. Insiders own 0.02% of the company’s stock.

Institutional Investors Weigh In On Accenture

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares during the last quarter. State Street Corp lifted its stake in shares of Accenture by 0.4% in the third quarter. State Street Corp now owns 28,135,065 shares of the information technology services provider’s stock valued at $6,938,156,000 after buying an additional 118,460 shares during the period. Capital International Investors grew its position in Accenture by 41.1% during the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock worth $4,223,839,000 after buying an additional 4,984,930 shares in the last quarter. Geode Capital Management LLC raised its holdings in Accenture by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after acquiring an additional 147,931 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Accenture by 5.4% during 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 purchasing an additional 546,198 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

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.