Investment Management Corp of Ontario Acquires 17,030 Shares of Accenture PLC $ACN

Investment Management Corp of Ontario lifted its position in shares of Accenture PLC (NYSE:ACN) by 48.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,244 shares of the information technology services provider’s stock after purchasing an additional 17,030 shares during the period. Investment Management Corp of Ontario’s holdings in Accenture were worth $14,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Gotham Asset Management LLC grew its holdings in shares of Accenture by 8.5% during the fourth quarter. Gotham Asset Management LLC now owns 93,999 shares of the information technology services provider’s stock worth $25,220,000 after purchasing an additional 7,393 shares during the last quarter. Evolve Private Wealth LLC acquired a new position in shares of Accenture in the fourth quarter worth approximately $1,816,000. East Coast Asset Management LLC. acquired a new position in shares of Accenture in the fourth quarter worth approximately $297,000. Capitolis Liquid Global Markets LLC acquired a new position in shares of Accenture in the fourth quarter worth approximately $4,716,000. Finally, Claro Advisors Inc. lifted its stake in shares of Accenture by 2.5% in the fourth quarter. Claro Advisors Inc. now owns 9,612 shares of the information technology services provider’s stock worth $2,579,000 after acquiring an additional 231 shares during the period. 75.14% of the stock is currently owned by institutional investors.

Insider Transactions at Accenture

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total value of $863,026.08. Following the transaction, the chief executive officer directly owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

Accenture Price Performance

Shares of ACN opened at $156.21 on Thursday. Accenture PLC has a 52-week low of $155.82 and a 52-week high of $314.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.34. The business’s 50 day moving average price is $179.51 and its two-hundred day moving average price is $219.86. The firm has a market cap of $103.95 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.08.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.09. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The firm had revenue of $18.04 billion for the quarter, compared to analyst estimates of $17.80 billion. During the same period in the previous year, the firm earned $2.82 earnings per share. The company’s revenue was up 7.8% compared to the same quarter last year. On average, equities analysts anticipate that Accenture PLC will post 13.83 EPS for the current year.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a multi-year collaboration with Unilever to expand AI-enabled digital twins across global manufacturing, which could strengthen its AI and digital transformation pipeline. Unilever Scales Digital Twins Across Global Manufacturing Network with Accenture
• Positive Sentiment: The company also agreed to acquire Alfahealth and Industries eXcellence Group, expanding its healthcare, industrial software, and automation capabilities in Europe. Accenture to Acquire Alfahealth
• Positive Sentiment: Investors are watching for earnings to show stronger AI-related gains and bookings, which could reassure the market if management delivers a solid outlook. Accenture preview: investors look for AI gains, bookings strength
• Neutral Sentiment: Accenture is set to report fiscal Q3 earnings before the bell Thursday, and traders expect a potentially significant post-earnings move. Here’s How Much Accenture Stock Is Expected to Move After Earnings
• Neutral Sentiment: Jefferies assigned a Hold rating, while Susquehanna cut its price target, signaling a more cautious view ahead of results. Accenture (ACN) Receives a Hold from Jefferies
• Negative Sentiment: Analyst commentary from Susquehanna and JPMorgan reflects slower growth expectations, with one report noting 2026 is “close to plan” but not a clear upside surprise. Accenture in focus as Susquehanna lowers price target
• Negative Sentiment: Jim Cramer said Accenture is being outcompeted by AI leaders such as OpenAI and Anthropic, reinforcing investor concern that the company may be lagging in the AI race. Jim Cramer Agrees That Accenture Is “Being Outcompeted By OpenAI and Anthropic”

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ACN shares. Stifel Nicolaus cut their price objective on Accenture from $315.00 to $270.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and issued a $200.00 price objective on shares of Accenture in a research note on Tuesday. Susquehanna cut their price objective on Accenture from $222.00 to $186.00 and set a “neutral” rating on the stock in a research note on Tuesday. Citigroup cut their price objective on Accenture from $215.00 to $195.00 and set a “neutral” rating on the stock in a research note on Monday, June 1st. Finally, Berenberg Bank set a $220.00 price objective on Accenture in a research report on Wednesday. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $242.41.

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.