Elevation Point Wealth Partners LLC Sells 9,231 Shares of Accenture PLC $ACN

Elevation Point Wealth Partners LLC decreased its position in shares of Accenture PLC (NYSE:ACN) by 59.7% during the third quarter, HoldingsChannel reports. The firm owned 6,244 shares of the information technology services provider’s stock after selling 9,231 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Accenture were worth $1,540,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Investors Research Corp raised its holdings in shares of Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. boosted its stake in Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Davis Capital Management purchased a new stake in Accenture in the third quarter worth approximately $28,000. Elevation Wealth Partners LLC grew its position in Accenture by 146.0% during the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after acquiring an additional 73 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new position in shares of Accenture during the third quarter worth approximately $32,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ACN. Susquehanna upped their price objective on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Jefferies Financial Group boosted their price target on shares of Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, January 8th. Evercore restated an “outperform” rating and set a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. Piper Sandler set a $282.00 price objective on Accenture in a research note on Thursday, March 5th. Finally, Wells Fargo & Company boosted their target price on Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and a consensus price target of $288.35.

Accenture Stock Up 0.2%

Shares of NYSE:ACN opened at $196.41 on Monday. The stock’s 50-day moving average is $241.97 and its 200 day moving average is $248.67. The company has a market cap of $120.91 billion, a PE ratio of 16.23, a P/E/G ratio of 1.87 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. Accenture PLC has a 1 year low of $188.73 and a 1 year high of $326.73.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business 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 posted $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. Sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were issued a $1.63 dividend. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 3.3%. Accenture’s payout ratio is 53.88%.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Udacity (part of Accenture) launched an accredited MBA program aimed at training AI product leaders — a revenue/brand-positive move that strengthens Accenture’s talent pipeline and positioning in AI services. Udacity, Part of Accenture, Launches Accredited MBA to Train the Next Generation of AI Product Leaders
• Positive Sentiment: Investor research argues Accenture is well-placed to benefit from AI implementation contracts, highlighting upside from rising enterprise AI spend — a bullish narrative for medium-term revenue growth. Accenture (ACN) is Poised to Benefit from AI Implementation Contracts
• Positive Sentiment: Accenture expanded its Google Cloud partnership to help clients strengthen cloud security — a direct revenue-opportunity in managed security and cloud transformation services. Accenture Helps Organizations Strengthen Cloud Security with Google Cloud
• Positive Sentiment: A Seeking Alpha piece argues Accenture may be undervalued after prior overvaluation, presenting a valuation-based bullish case for long-term investors. Accenture: Undervalued After Years Of Overvaluation
• Neutral Sentiment: Zacks previews Accenture’s upcoming earnings and suggests the company may not have the setup for an earnings beat, signaling investor caution into the report. Accenture (ACN) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: Reminder: Accenture is projected to post quarterly earnings this week, a scheduled catalyst that could swing the stock depending on guidance and margins. Accenture (ACN) Projected to Post Earnings on Thursday
• Negative Sentiment: Truist cut its price target on ACN to $260 (from $317) and warned of pressure on long-term estimates after its enterprise-AI checks — the downgrade dampens sentiment despite a maintained Buy rating. Truist Financial Cuts Accenture (NYSE:ACN) Price Target to $260.00 Truist Lowers Accenture (ACN) Target to $260, Warns of Pressure on Long-Term Estimates
• Negative Sentiment: Guggenheim lowered its price target on Accenture to $275, adding to analyst-driven downward pressure on the stock in the run-up to earnings. Guggenheim Lowers Accenture (NYSE:ACN) Price Target to $275.00

Insider Buying and Selling at Accenture

In related news, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the transaction, the insider owned 7,057 shares in the company, valued at $2,033,333.41. The trade was a 27.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the stock in a transaction dated Tuesday, January 27th. The stock was 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 approximately $7,523,339.98. The trade was a 12.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 22,088 shares of company stock worth $5,970,434. 0.02% of the stock is owned by corporate insiders.

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.