MV Capital Management Inc. purchased a new position in Accenture PLC (NYSE:ACN – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,912 shares of the information technology services provider’s stock, valued at approximately $2,659,000.
Several other institutional investors have also recently made changes to their positions in the stock. Sunbelt Securities Inc. boosted its position in shares of Accenture by 4.0% during the 4th quarter. Sunbelt Securities Inc. now owns 5,708 shares of the information technology services provider’s stock worth $1,531,000 after purchasing an additional 218 shares in the last quarter. Cambient Family Office LLC bought a new stake in Accenture in the 4th quarter valued at about $912,000. Vancity Investment Management Ltd bought a new stake in Accenture in the 4th quarter valued at about $239,000. Compound Planning Inc. raised its stake in Accenture by 76.9% during the 4th quarter. Compound Planning Inc. now owns 5,388 shares of the information technology services provider’s stock worth $1,446,000 after buying an additional 2,343 shares during the period. Finally, Invesco Ltd. boosted its holdings in Accenture by 32.3% in the fourth quarter. Invesco Ltd. now owns 3,702,869 shares of the information technology services provider’s stock worth $993,480,000 after acquiring an additional 904,842 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.
Insider Activity at Accenture
In related news, CEO Atsushi Egawa sold 4,872 shares of the firm’s stock in a transaction dated 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 directly owned 12,802 shares of the company’s stock, valued at $2,267,746.28. This trade represents a 27.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by corporate insiders.
Key Stories Impacting Accenture
- Positive Sentiment: Accenture beat Q3 EPS estimates, reporting $3.80 per share versus $3.70 expected, and revenue rose 5.6% year over year, showing the business is still growing. Accenture Reports Third-Quarter Fiscal 2026 Results
- Positive Sentiment: Managed services and cybersecurity remain bright spots, with the company also announcing cybersecurity-related deals and acquisitions that could support longer-term growth. Cybersecurity platform announcement
- Neutral Sentiment: Analysts and commentary continue to frame the weakness as partly tied to slower enterprise AI adoption, with some arguing Accenture could benefit later as an AI implementation partner rather than being structurally impaired.
- Negative Sentiment: The biggest pressure point is the reduced revenue outlook, which suggests customers are still cautious on discretionary IT spending and consulting projects. Top Midday Decliners
- Negative Sentiment: Several brokerages turned more cautious, including William Blair’s downgrade to “market perform” and BNP Paribas Exane’s lower price target, adding to the pressure on the stock. William Blair downgrade
- Negative Sentiment: Revenue missed consensus in the quarter, reinforcing concerns that growth is slowing even though profitability remains solid.
Accenture Stock Down 18.8%
ACN stock opened at $126.75 on Friday. The firm has a market capitalization of $84.34 billion, a PE ratio of 10.38, a P/E/G ratio of 1.48 and a beta of 1.08. 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 PLC has a twelve month low of $125.60 and a twelve month high of $307.77. The stock’s 50 day moving average is $178.10 and its 200-day moving average is $219.00.
Accenture (NYSE:ACN – Get Free Report) last announced its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.10. The business had revenue of $18.72 billion during the quarter, compared to the consensus estimate of $18.75 billion. Accenture had a return on equity of 26.33% and a net margin of 10.61%.Accenture’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Sell-side analysts expect that Accenture PLC will post 13.83 EPS for the current fiscal year.
Accenture Dividend Announcement
The company also recently announced 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 is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 5.1%. Accenture’s dividend payout ratio is presently 53.40%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on ACN shares. Guggenheim decreased their price objective on Accenture from $250.00 to $225.00 and set a “buy” rating for the company in a report on Thursday, June 11th. Susquehanna reduced their price target on shares of Accenture from $222.00 to $186.00 and set a “neutral” rating for the company in a research report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Accenture from $210.00 to $199.00 and set a “hold” rating for the company in a research note on Tuesday, June 2nd. Berenberg Bank set a $220.00 price objective on shares of Accenture in a report on Wednesday. Finally, Jefferies Financial Group dropped their price objective on shares of Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a research note on Monday. Sixteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, Accenture has an average rating of “Moderate Buy” and an average price target of $232.41.
Get Our Latest Analysis on ACN
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.
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