GAMMA Investing LLC Increases Holdings in Accenture PLC $ACN

GAMMA Investing LLC increased its holdings in shares of Accenture PLC (NYSE:ACN) by 34.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,860 shares of the information technology services provider’s stock after purchasing an additional 3,050 shares during the quarter. GAMMA Investing LLC’s holdings in Accenture were worth $3,182,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ACN. Investors Research Corp boosted its stake in Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares during the period. Harbor Capital Advisors Inc. raised its position in shares of Accenture by 132.6% during the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares during the last quarter. Triumph Capital Management purchased a new position in shares of Accenture in the third quarter worth $26,000. Davis Capital Management bought a new position in shares of Accenture during the third quarter worth $28,000. Finally, Elevation Wealth Partners LLC grew its stake 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 in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on ACN. Morgan Stanley reduced their price target on shares of Accenture from $320.00 to $240.00 and set an “overweight” rating on the stock in a report on Monday. Rothschild & Co Redburn raised their price objective on Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Wolfe Research lifted their target price on Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. Citigroup decreased their target price on Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $330.00 price target on shares of Accenture in a report on Thursday, December 18th. Eighteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and a consensus price target of $286.19.

Insider Transactions at Accenture

In other news, General Counsel Joel Unruch sold 1,332 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the transaction, the general counsel owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. The trade was a 4.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Manish Sharma sold 2,731 shares of the firm’s stock in a transaction on 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 sale, the insider 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 SEC filing for this sale provides additional information. In the last quarter, insiders have sold 22,088 shares of company stock worth $5,970,434. 0.02% of the stock is currently owned by corporate insiders.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Q2 beat on EPS and revenue; bookings strength — Accenture reported $2.93 EPS and $18.04B revenue, both above consensus, and cited record bookings and rising AI adoption that support near-term demand. BusinessWire: Q2 Results
• Positive Sentiment: Strategic AI/cloud partnerships bolster positioning — Recent collaborations with Microsoft, Databricks and cloud partners deepen Accenture’s go-to-market for enterprise AI, supporting revenue mix and long-term growth opportunities. Seeking Alpha: Microsoft Partnership
• Positive Sentiment: Services resilience, cash returns and yield appeal — Commentary and analysis highlight resilient margins, strong managed-services performance, record bookings and ongoing capital returns (dividend/buybacks) that support shareholder value. Seeking Alpha: Strength Despite Sell-Off
• Neutral Sentiment: Management commentary on AI workforce impacts — CEO remarks suggesting entry-level roles may not be the most affected by AI add nuance to the narrative about disruption and rehiring/reshaping labor, but are not immediate revenue drivers. Investopedia: CEO Comments
• Neutral Sentiment: Smaller partnership news and institutional buying — Deals such as the RELEX/Lowe’s collaboration mention Accenture involvement and filings show some funds adding positions; helpful background but limited immediate impact. PR Newswire: RELEX/Lowe’s
• Negative Sentiment: Revenue/outlook disappointed some investors — Management forecasted upcoming quarterly revenue below Street estimates and gave a cautious tone on large IT transformation spend, which pressured sentiment after the beat. Reuters: Revenue Forecast
• Negative Sentiment: Analyst cuts and macro concerns — Firms including TD Cowen and others trimmed price targets or lowered expectations; broader economic and AI-disruption worries have driven a deep YTD share decline that raises valuation concerns. MSN/TD Cowen: PT Cut
• Negative Sentiment: Sentiment drag from wider sell-off and AI fear narrative — Coverage notes ACN has fallen sharply this year amid fears of AI disruption, which amplifies reactions to any cautious guidance. Barron’s: Context on Decline

Accenture Stock Performance

Shares of NYSE:ACN opened at $203.16 on Friday. The firm has a fifty day simple moving average of $235.99 and a two-hundred day simple moving average of $247.16. Accenture PLC has a 52 week low of $187.00 and a 52 week high of $325.71. 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 capitalization of $125.07 billion, a P/E ratio of 16.79, a PEG ratio of 1.85 and a beta of 1.27.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, March 19th. 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. The firm had revenue of $18.04 billion for the quarter, compared to analysts’ expectations of $17.80 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.82 EPS. On average, analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, April 9th. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

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.