New York State Teachers Retirement System Decreases Holdings in Accenture PLC $ACN

New York State Teachers Retirement System lowered its stake in Accenture PLC (NYSE:ACN) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 531,407 shares of the information technology services provider’s stock after selling 16,109 shares during the period. New York State Teachers Retirement System’s holdings in Accenture were worth $142,576,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in Accenture in the 3rd quarter valued at approximately $26,000. Board of the Pension Protection Fund purchased a new stake in Accenture in the 4th quarter valued at approximately $27,000. Laurel Wealth Advisors LLC purchased a new stake in Accenture in the 4th quarter valued at approximately $27,000. Davis Capital Management purchased a new stake in Accenture in the 3rd quarter valued at approximately $28,000. Finally, Private Wealth Management Group LLC lifted its stake in Accenture by 96.4% in the 4th quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ACN shares. Truist Financial reduced their target price on Accenture from $317.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. HSBC reduced their target price on Accenture from $220.00 to $210.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Robert W. Baird reduced their price target on Accenture from $330.00 to $265.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. TD Cowen reduced their price target on Accenture from $282.00 to $275.00 and set a “buy” rating on the stock in a research note on Monday, March 16th. Finally, BMO Capital Markets reduced their price target on Accenture from $300.00 to $230.00 and set a “market perform” rating on the stock in a research note on Friday, March 20th. Seventeen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $274.50.

Accenture Trading Down 0.7%

Shares of Accenture stock opened at $178.96 on Friday. Accenture PLC has a fifty-two week low of $173.65 and a fifty-two week high of $325.71. The firm has a market cap of $119.09 billion, a PE ratio of 14.66, a P/E/G ratio of 1.71 and a beta of 1.24. The business’s fifty day moving average is $196.46 and its two-hundred day moving average is $235.90. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.09. The company had revenue of $18.04 billion for the quarter, compared to analyst estimates of $17.80 billion. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.82 EPS. Analysts anticipate that Accenture PLC will post 13.87 earnings per share for the current year.

Accenture Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Thursday, April 9th. Accenture’s dividend payout ratio is presently 53.40%.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a strategic investment in Netomi to accelerate enterprise adoption of agentic AI for customer experience — a move that supports Accenture’s growth strategy in high‑value AI services and could bolster revenue and competitive positioning over time. Accenture Invests in Netomi
• Positive Sentiment: Analyst coverage highlights Accenture as a top‑ranked growth stock (Zacks), which can support investor interest and provide a counterweight to negative sentiment if analysts maintain favorable ratings. Accenture is a Top‑Ranked Growth Stock
• Neutral Sentiment: Market previews and commentary ahead of earnings keep expectations in focus but don’t provide new earnings data; these pieces maintain attention on upcoming results rather than changing fundamentals immediately. Earnings Preview
• Neutral Sentiment: Short‑term market moves have seen ACN bounce relative to broader weakness on some days, signaling that intraday/market flows—not new company fundamentals—are also affecting price action. Accenture Rises As Market Takes a Dip
• Negative Sentiment: CEO Atsushi Egawa sold 4,872 shares (~27.6% reduction in his reported holding) under a pre‑arranged Rule 10b5‑1 plan; while Rule 10b5‑1 execution lessens alarm, large insider reductions can weigh on sentiment and be interpreted negatively by some investors. SEC Filing: CEO Sale
• Negative Sentiment: A Yahoo/market note highlights a roughly 38% one‑year share price fall, reinforcing the narrative that Accenture’s stock faces valuation pressure and heightened investor caution which can depress buying interest until catalysts emerge. Is It Time To Reconsider Accenture?

Insiders Place Their Bets

In other news, CEO Julie Spellman Sweet sold 6,057 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the completion of the sale, the chief executive officer directly owned 15,255 shares in the company, valued at $3,679,963.65. This represents a 28.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction 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 sale, the chief executive officer 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 10,943 shares of company stock valued at $2,327,545. 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.