CIBC Bancorp USA Inc. Takes $21.80 Million Position in Accenture PLC $ACN

CIBC Bancorp USA Inc. acquired a new position in Accenture PLC (NYSE:ACN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 88,406 shares of the information technology services provider’s stock, valued at approximately $21,801,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ACN. Investors Research Corp grew its position 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 acquiring an additional 45 shares during the period. Harbor Capital Advisors Inc. raised its holdings in Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 61 shares during the period. Triumph Capital Management purchased a new position in Accenture during the third quarter valued at $26,000. Davis Capital Management bought a new stake in Accenture during the third quarter valued at about $28,000. Finally, Elevation Wealth Partners LLC increased its position in Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after buying an additional 73 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Trading Down 2.0%

Shares of Accenture stock opened at $194.77 on Thursday. Accenture PLC has a twelve month low of $188.73 and a twelve month high of $326.73. 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 business has a 50-day moving average price of $237.56 and a 200-day moving average price of $247.47. The firm has a market cap of $119.90 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 1.88 and a beta of 1.27.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. During the same period in the previous year, the business earned $3.59 earnings per share. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. Equities research analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This represents a 12.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 6,057 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the transaction, the chief executive officer owned 15,255 shares of the company’s stock, valued at $3,679,963.65. This represents a 28.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 22,088 shares of company stock worth $5,970,434. Insiders own 0.02% of the company’s stock.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture’s history of topping estimates and the view that it has the key drivers to beat again supports upside expectations into earnings. Will Accenture (ACN) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Strategic AI partnerships (Databricks; a forward‑deployed engineering strategy with Microsoft) bolster Accenture’s revenue pipeline in high‑growth GenAI services and validate long‑term demand for its enterprise AI work. Accenture, Databricks Enable Enterprise Adoption of AI Apps and Agents Accenture and Microsoft form forward deployed engineering strategy to deliver enterprise AI
• Positive Sentiment: Accenture is part of an expanded RELEX / Lowe’s supply‑chain modernization engagement, reinforcing its role on large retail transformation projects. RELEX Solutions Announces Expanded Partnership with Lowe’s to Strengthen Their Supply Chain Agility
• Positive Sentiment: A modest institutional buy (Achmea increased its position) is a small vote of confidence from a long‑term investor. Achmea Investment Management B.V. Increases Stock Position in Accenture PLC $ACN
• Neutral Sentiment: Pre‑earnings previews and coverage highlight what to watch (bookings, margins, guidance) but add information rather than a clear directional catalyst. Accenture (ACN) Q1 Earnings Report Preview: What To Look For
• Neutral Sentiment: Analysis noting Accenture’s cheaper valuation versus historical highs but flagging talent‑cost pressure and weak recent price performance creates mixed buy/sell signals. Is Accenture’s Cheap Valuation Reason Enough to Invest in the Stock?
• Negative Sentiment: TD Cowen trimmed its price target (to $275), signaling less upside from current levels and pressuring near‑term sentiment. TD Cowen Cuts PT on Accenture plc (ACN) to $275 From $282 – Here’s Why
• Negative Sentiment: Morgan Stanley lowered its price target substantially (to $240) and highlighted weakening bookings and a talent mix shift — comments that weigh on expectations ahead of the print. Morgan Stanley Updates Accenture (ACN) View on Weak Bookings and Talent Shift
• Negative Sentiment: Market commentary warns traders expect a large post‑earnings move — some expect downside risk that could push the stock toward multi‑year lows if results disappoint. Here’s How Much Accenture Stock Is Expected to Move After Earnings

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Susquehanna lifted their price objective on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Accenture from $280.00 to $230.00 and set a “hold” rating on the stock in a research note on Friday, March 6th. UBS Group reaffirmed a “buy” rating on shares of Accenture in a report on Tuesday. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Finally, Wolfe Research raised their price objective on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Eighteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $286.19.

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.