Entropy Technologies LP bought a new position in shares of Accenture PLC (NYSE:ACN – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 36,626 shares of the information technology services provider’s stock, valued at approximately $9,032,000. Accenture makes up approximately 0.7% of Entropy Technologies LP’s investment portfolio, making the stock its 21st largest position.
Several other institutional investors also recently bought and sold shares of ACN. Brighton Jones LLC lifted its position in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after acquiring an additional 4,905 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Accenture by 46.9% during the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after purchasing an additional 660 shares in the last quarter. United Bank raised its stake in Accenture by 49.8% in the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock valued at $1,088,000 after purchasing an additional 1,209 shares during the last quarter. Verus Capital Partners LLC boosted its stake in Accenture by 16.5% during the 2nd quarter. Verus Capital Partners LLC now owns 820 shares of the information technology services provider’s stock worth $245,000 after purchasing an additional 116 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its holdings in shares of Accenture by 4.0% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 95,051 shares of the information technology services provider’s stock worth $28,410,000 after buying an additional 3,659 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.
Accenture Stock Down 2.8%
ACN stock opened at $195.93 on Friday. Accenture PLC has a one year low of $188.73 and a one year high of $326.73. The firm has a market cap of $120.61 billion, a PE ratio of 16.19, a PEG ratio of 1.91 and a beta of 1.27. The firm’s 50 day moving average price is $243.23 and its 200-day moving average price is $249.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41.
Accenture Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 3.3%. The ex-dividend date was Tuesday, January 13th. Accenture’s payout ratio is 53.88%.
Analyst Ratings Changes
Several equities analysts have recently weighed in on ACN shares. Royal Bank Of Canada set a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Citigroup cut their price objective on shares of Accenture from $266.00 to $215.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. TD Cowen restated a “buy” rating on shares of Accenture in a report on Thursday, March 5th. Berenberg Bank started coverage on Accenture in a report on Thursday, January 22nd. They issued a “buy” rating and a $313.00 price target for the company. Finally, Piper Sandler set a $282.00 price objective on Accenture in a research report on Thursday, March 5th. Sixteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $288.35.
Read Our Latest Stock Report on ACN
Insider Buying and Selling
In other news, CAO Melissa A. Burgum sold 3,588 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the transaction, the chief accounting officer directly owned 8,179 shares in the company, valued at approximately $2,298,380.79. This represents a 30.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Manish Sharma sold 2,731 shares of Accenture stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $288.13, for a total transaction of $786,883.03. Following the completion of the sale, the insider owned 7,057 shares of the company’s stock, valued at $2,033,333.41. This trade represents a 27.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,088 shares of company stock valued at $5,970,434 over the last three months. Company insiders own 0.02% of the company’s stock.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Udacity (part of Accenture) launched an accredited MBA focused on AI product leadership — strengthens Accenture’s talent pipeline and positioning as a provider of AI skills and services, which supports long‑term demand for consulting and implementation work. Udacity, Part of Accenture, Launches Accredited MBA to Train the Next Generation of AI Product Leaders
- Positive Sentiment: Analysts and investors highlight Accenture’s exposure to AI implementation contracts as a key growth driver — supports revenue upside if enterprise AI spending accelerates. Accenture (ACN) is Poised to Benefit from AI Implementation Contracts
- Positive Sentiment: Accenture expanded a Google Cloud security partnership to help customers strengthen cloud security — reinforces pipeline for cloud/security services and cross‑sell into large enterprise accounts. Accenture Helps Organizations Strengthen Cloud Security with Google Cloud
- Neutral Sentiment: Seeking Alpha published a bullish valuation take that argues Accenture may now be undervalued after years of premium multiples — supportive long‑term view but not an immediate catalyst. Accenture: Undervalued After Years Of Overvaluation
- Neutral Sentiment: Coverage and investor‑attention pieces (Zacks, Yahoo summaries) are highlighting Accenture ahead of earnings — increases visibility but not a directional catalyst by itself. Accenture PLC (ACN) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Guggenheim trimmed its price target (still a Buy) — a modest signal that some analysts are moderating upside expectations while remaining positive on the name. Benzinga
- Negative Sentiment: Truist cut its price target from $317 to $260 and warned of pressure on long‑term estimates tied to enterprise AI adoption checks — contributes to downward pressure on the stock and investor caution. Truist Lowers Accenture (ACN) Target to $260, Warns of Pressure on Long-Term Estimates
- Negative Sentiment: Deutsche Bank lowered its target to $230 and maintained a Hold — another sign of tempered analyst expectations ahead of results. Deutsche Bank Lowers Accenture (ACN) Target as it Maintains Hold View
- Negative Sentiment: A Zacks preview flagged that Accenture may lack the ideal setup for an earnings beat in the upcoming report — could increase downside volatility if results or guidance disappoint. Accenture (ACN) Earnings Expected to Grow: Should You Buy?
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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