Northeast Investment Management Sells 23,038 Shares of Accenture PLC $ACN

Northeast Investment Management lowered its position in Accenture PLC (NYSE:ACN) by 86.6% in the first quarter, HoldingsChannel.com reports. The fund owned 3,570 shares of the information technology services provider’s stock after selling 23,038 shares during the quarter. Northeast Investment Management’s holdings in Accenture were worth $708,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ACN. Triumph Capital Management acquired a new position in Accenture in the third quarter worth $26,000. Board of the Pension Protection Fund acquired a new stake in shares of Accenture in the fourth quarter valued at $27,000. Laurel Wealth Advisors LLC bought a new position in shares of Accenture in the fourth quarter valued at about $27,000. McMillan Office Inc. acquired a new position in Accenture during the 4th quarter worth about $27,000. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in Accenture during the 4th quarter worth about $27,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Accenture

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ACN shares. Oppenheimer set a $201.00 target price on shares of Accenture in a research report on Monday, June 8th. BNP Paribas Exane reduced their price objective on Accenture from $210.00 to $180.00 and set a “neutral” rating on the stock in a report on Thursday, June 18th. Wells Fargo & Company reissued an “overweight” rating and issued a $200.00 target price on shares of Accenture in a research note on Monday. Jefferies Financial Group cut their price target on Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a research note on Monday, June 15th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Accenture in a report on Tuesday, June 9th. Twelve analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $196.85.

Accenture Stock Performance

ACN stock opened at $125.99 on Friday. Accenture PLC has a twelve month low of $118.15 and a twelve month high of $307.77. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. The company has a market cap of $83.84 billion, a P/E ratio of 10.06, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08. The business’s fifty day moving average is $171.93 and its 200-day moving average is $214.10.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The business had revenue of $18.72 billion during the quarter, compared to the consensus estimate of $18.78 billion. During the same quarter in the prior year, the company posted $3.49 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities research analysts forecast that Accenture PLC will post 13.84 EPS for the current year.

Accenture declared that its Board of Directors has authorized a share repurchase program on Tuesday, June 23rd that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to repurchase up to 2.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.2%. Accenture’s dividend payout ratio is 52.08%.

Key Headlines Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture’s board approved a $2.0 billion share repurchase plan, a signal management may view the stock as undervalued and a potential support for shareholder returns.
• Positive Sentiment: Several articles highlighted Accenture as a buying opportunity or an attractive financial-stability name, citing hedge-fund interest and valuation arguments that could help long-term sentiment.
• Positive Sentiment: Accenture announced a new engineering agreement with Coretura to help develop software-defined commercial vehicles, reinforcing growth opportunities in its consulting and technology services business. Article Title
• Neutral Sentiment: Accenture remains one of the most watched stocks on Zacks, but those pieces were mostly screeners and commentary rather than new fundamental developments. Article Title
• Neutral Sentiment: Investors are also watching Accenture’s international revenue trends and valuation models, which suggest the market is still debating how quickly growth can reaccelerate. Article Title
• Negative Sentiment: Mizuho cut its price target after Accenture’s weaker-than-expected FY2026 guidance, adding to concerns that near-term growth could be slower than hoped.
• Negative Sentiment: DBS Bank downgraded Accenture from “moderate buy” to “hold,” reinforcing the cautious tone around the stock.
• Negative Sentiment: A new investor alert from Kirby McInerney LLP announced a potential securities-fraud investigation, which can create headline risk and weigh on sentiment. Article Title

Accenture 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.