Lombard Odier Asset Management Europe Ltd grew its stake in Accenture PLC (NYSE:ACN – Free Report) by 27.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 20,673 shares of the information technology services provider’s stock after purchasing an additional 4,423 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Accenture were worth $4,099,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Pine Valley Investments Ltd Liability Co increased its holdings in Accenture by 0.7% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 15,516 shares of the information technology services provider’s stock worth $3,077,000 after acquiring an additional 102 shares in the last quarter. Farmers National Bank raised its position in shares of Accenture by 6.0% during the 1st quarter. Farmers National Bank now owns 22,580 shares of the information technology services provider’s stock worth $4,477,000 after purchasing an additional 1,270 shares during the last quarter. Financial Solutions Advisory Group Inc. purchased a new position in Accenture in the 1st quarter valued at about $939,000. Ipsen Advisor Group LLC boosted its holdings in Accenture by 12.9% in the 1st quarter. Ipsen Advisor Group LLC now owns 2,352 shares of the information technology services provider’s stock worth $466,000 after buying an additional 269 shares during the last quarter. Finally, Asset Dedication LLC increased its stake in Accenture by 139.8% during the 1st quarter. Asset Dedication LLC now owns 2,755 shares of the information technology services provider’s stock worth $546,000 after buying an additional 1,606 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.
Accenture Trading Up 0.3%
Shares of ACN stock opened at $166.34 on Monday. The stock has a market cap of $111.08 billion, a P/E ratio of 13.29, a P/E/G ratio of 1.72 and a beta of 1.13. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The business has a fifty day simple moving average of $152.56 and a 200-day simple moving average of $190.48.
Accenture announced that its Board of Directors has initiated a stock buyback plan on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to purchase up to 2.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.
Accenture Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 9th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Thursday, July 9th. Accenture’s dividend payout ratio (DPR) is currently 52.08%.
Insider Activity at Accenture
In other news, General Counsel Joel Unruch sold 10,498 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the sale, the general counsel directly owned 17,735 shares of the company’s stock, valued at $2,890,450.30. The trade was a 37.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by insiders.
Key Headlines Impacting Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: UniCredit digital-transformation deal: Accenture and IBM are collaborating with UniCredit to build a next-generation European banking platform. The project reinforces Accenture’s position in large, strategic technology-transformation contracts and could support future bookings and revenue. UniCredit, Accenture and IBM Collaborate to Build Europe’s Next-Generation Banking Platform
- Positive Sentiment: AI strategy remains a potential catalyst: Coverage highlighted Accenture’s investments in artificial intelligence and its Edge business as opportunities to capture demand for AI implementation and enterprise modernization. Successful execution could improve growth prospects and sentiment toward the stock. Why Is Accenture Strengthening Its AI Strategy?
- Positive Sentiment: Deeply discounted valuation: Analysts noted that ACN trades at roughly 12 times fiscal 2026 earnings following a steep decline, with an approximately 4% dividend yield. The valuation has prompted cautious views that the market may be pricing in more permanent business damage than ultimately occurs. ACN Got Cheaper. The Business Did Not Get Worse
- Neutral Sentiment: Insider selling disclosed: General Counsel Joel Unruch sold 10,498 shares for about $1.7 million, reducing his holdings by 37.2%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it offers limited insight into current management expectations. Accenture Insider Trading Filing
- Negative Sentiment: Execution concerns remain: Accenture’s organic growth is weak and bookings have declined, while Capgemini’s stronger performance suggests that some of ACN’s pressure may reflect company-specific execution issues rather than industry conditions. AI initiatives are promising, but their ability to scale and expand margins remains unproven. Accenture: The Market Is Pricing In Too Much Permanent Damage
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. HSBC dropped their price objective on shares of Accenture from $220.00 to $210.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Wolfe Research restated an “outperform” rating and issued a $200.00 price target on shares of Accenture in a research report on Tuesday, June 16th. Dbs Bank lowered shares of Accenture from a “moderate buy” rating to a “hold” rating in a report on Tuesday, June 23rd. BNP Paribas Exane reduced their price objective on shares of Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, June 26th. Finally, Citigroup dropped their price objective on Accenture from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, June 1st. Twelve investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Accenture currently has a consensus rating of “Hold” and a consensus price target of $192.96.
Get Our Latest Stock Analysis on ACN
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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