Accenture (NYSE:ACN) Price Target Lowered to $253.00 at Royal Bank Of Canada

Accenture (NYSE:ACN) had its target price lowered by stock analysts at Royal Bank Of Canada from $295.00 to $253.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the information technology services provider’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 25.52% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. UBS Group restated a “buy” rating on shares of Accenture in a research report on Tuesday. TD Cowen decreased their target price on Accenture from $282.00 to $275.00 and set a “buy” rating on the stock in a research note on Monday. Robert W. Baird dropped their price target on Accenture from $330.00 to $265.00 and set an “outperform” rating for the company in a research note on Friday. Morgan Stanley reduced their price objective on shares of Accenture from $320.00 to $240.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, Rothschild & Co Redburn upped their target price on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Eighteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $280.35.

Accenture Stock Down 1.0%

Accenture stock traded down $1.99 during mid-day trading on Friday, hitting $201.56. The company had a trading volume of 1,671,570 shares, compared to its average volume of 6,153,782. Accenture has a 12 month low of $187.00 and a 12 month high of $325.71. The company has a market capitalization of $124.08 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 1.85 and a beta of 1.27. The stock’s 50 day moving average price is $235.99 and its two-hundred day moving average price is $247.16. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.09. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.04 billion during the quarter, compared to analyst estimates of $17.80 billion. During the same period in the previous year, the business earned $2.82 EPS. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Accenture will post 12.73 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Accenture news, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. The trade was a 12.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Joel Unruch sold 1,026 shares of the company’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $281.70, for a total transaction of $289,024.20. Following the completion of the transaction, the general counsel owned 27,181 shares in the company, valued at $7,656,887.70. This represents a 3.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 22,088 shares of company stock valued at $5,970,434. Insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Accenture

A number of large investors have recently bought and sold shares of ACN. Board of the Pension Protection Fund purchased a new position in shares of Accenture in the fourth quarter worth $27,000. Laurel Wealth Advisors LLC purchased a new position in Accenture in the 4th quarter worth $27,000. McMillan Office Inc. acquired a new stake in Accenture during the 4th quarter worth about $27,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Accenture during the 4th quarter valued at about $27,000. Finally, Investors Research Corp increased its holdings in shares of Accenture by 73.8% in the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares during the period. Institutional investors own 75.14% of the company’s stock.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Q2 results beat and record AI-driven bookings — Accenture reported fiscal Q2 results above expectations (EPS $2.93 vs. ~$2.84 consensus) and reported record bookings and accelerating AI/cloud demand, supporting revenue growth and proof of durable demand. Article Title
• Positive Sentiment: Strategic AI & cloud partnerships bolster growth runway — New/expanded collaborations with Microsoft, Databricks and other partners (including MxDR cyber capabilities with Microsoft) position Accenture to capture enterprise AI transformation spending. Article Title Article Title
• Positive Sentiment: Dividend declared — Accenture declared a quarterly dividend of $1.63 per share (ex-dividend April 9, payable May 15), supporting income-oriented investors and signaling cash-return discipline.
• Neutral Sentiment: Analyst price-target resets — Robert W. Baird cut its target to $265 (still an Outperform) and TD Cowen trimmed its target, reflecting lower near-term multiples but continued conviction in medium-term fundamentals. Article Title Article Title
• Negative Sentiment: Revenue guidance/near-term outlook disappointed — Management forecasted quarterly revenue below some analyst estimates and issued a cautious near‑term outlook as clients show caution on large IT transformation projects, which triggered the sell-off despite the beat. Article Title
• Negative Sentiment: Market reaction and AI-risk sentiment — Despite strong bookings and partnerships, investors remain wary after a large YTD share decline tied to AI disruption fears; several headlines note the stock fell on the mixed print and guidance miss, amplifying downside pressure. Article Title Article Title

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.