Certuity LLC lifted its holdings in Accenture PLC (NYSE:ACN – Free Report) by 307.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,124 shares of the information technology services provider’s stock after purchasing an additional 4,622 shares during the quarter. Certuity LLC’s holdings in Accenture were worth $1,510,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in ACN. Investors Research Corp raised its position in shares of Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Davis Capital Management acquired a new position in Accenture during the 3rd quarter valued at approximately $28,000. Elevation Wealth Partners LLC raised its holdings in shares of Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after buying an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of Accenture during the third quarter worth $32,000. 75.14% of the stock is owned by institutional investors and hedge funds.
Accenture Stock Performance
Shares of ACN stock opened at $195.93 on Friday. Accenture PLC has a 52-week low of $188.73 and a 52-week high of $326.73. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock has a market cap of $120.61 billion, a PE ratio of 16.19, a price-to-earnings-growth ratio of 1.91 and a beta of 1.27. The business has a 50-day simple moving average of $243.23 and a 200-day simple moving average of $249.20.
Accenture Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, January 13th. Accenture’s payout ratio is currently 53.88%.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Piper Sandler set a $282.00 target price on Accenture in a research report on Thursday, March 5th. Royal Bank Of Canada set a $300.00 price target on Accenture in a research note on Thursday, December 18th. Wells Fargo & Company raised their price objective on Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. Guggenheim decreased their target price on Accenture from $305.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Wolfe Research increased their price target on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $288.35.
Check Out Our Latest Report on ACN
Accenture News Summary
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Udacity (part of Accenture) launched an accredited MBA focused on AI product leadership — strengthens Accenture’s talent pipeline and positioning as a provider of AI skills and services, which supports long‑term demand for consulting and implementation work. Udacity, Part of Accenture, Launches Accredited MBA to Train the Next Generation of AI Product Leaders
- Positive Sentiment: Analysts and investors highlight Accenture’s exposure to AI implementation contracts as a key growth driver — supports revenue upside if enterprise AI spending accelerates. Accenture (ACN) is Poised to Benefit from AI Implementation Contracts
- Positive Sentiment: Accenture expanded a Google Cloud security partnership to help customers strengthen cloud security — reinforces pipeline for cloud/security services and cross‑sell into large enterprise accounts. Accenture Helps Organizations Strengthen Cloud Security with Google Cloud
- Neutral Sentiment: Seeking Alpha published a bullish valuation take that argues Accenture may now be undervalued after years of premium multiples — supportive long‑term view but not an immediate catalyst. Accenture: Undervalued After Years Of Overvaluation
- Neutral Sentiment: Coverage and investor‑attention pieces (Zacks, Yahoo summaries) are highlighting Accenture ahead of earnings — increases visibility but not a directional catalyst by itself. Accenture PLC (ACN) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Guggenheim trimmed its price target (still a Buy) — a modest signal that some analysts are moderating upside expectations while remaining positive on the name. Benzinga
- Negative Sentiment: Truist cut its price target from $317 to $260 and warned of pressure on long‑term estimates tied to enterprise AI adoption checks — contributes to downward pressure on the stock and investor caution. Truist Lowers Accenture (ACN) Target to $260, Warns of Pressure on Long-Term Estimates
- Negative Sentiment: Deutsche Bank lowered its target to $230 and maintained a Hold — another sign of tempered analyst expectations ahead of results. Deutsche Bank Lowers Accenture (ACN) Target as it Maintains Hold View
- Negative Sentiment: A Zacks preview flagged that Accenture may lack the ideal setup for an earnings beat in the upcoming report — could increase downside volatility if results or guidance disappoint. Accenture (ACN) Earnings Expected to Grow: Should You Buy?
Insider Transactions at Accenture
In related news, insider Manish Sharma sold 2,731 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the sale, the insider directly owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. This represents a 27.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of Accenture stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the transaction, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. The trade was a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 22,088 shares of company stock worth $5,970,434. Insiders own 0.02% of the company’s stock.
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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