Elevated Capital Advisors LLC Sells 2,183 Shares of Accenture PLC $ACN

Elevated Capital Advisors LLC cut its holdings in shares of Accenture PLC (NYSE:ACN) by 48.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,280 shares of the information technology services provider’s stock after selling 2,183 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Accenture were worth $418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of Accenture by 2.2% during the 1st quarter. Bank of America Corp DE now owns 6,531,231 shares of the information technology services provider’s stock worth $1,295,078,000 after acquiring an additional 143,483 shares during the period. Pzena Investment Management LLC boosted its position in shares of Accenture by 17.7% in the third quarter. Pzena Investment Management LLC now owns 6,054,682 shares of the information technology services provider’s stock worth $1,110,247,000 after acquiring an additional 912,506 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Accenture by 120.0% in the first quarter. First Trust Advisors LP now owns 3,482,150 shares of the information technology services provider’s stock worth $690,475,000 after acquiring an additional 1,899,305 shares during the last quarter. Flossbach Von Storch SE purchased a new stake in Accenture in the second quarter valued at approximately $309,873,000. Finally, The Manufacturers Life Insurance Company grew its holdings in Accenture by 24.3% in the first quarter. The Manufacturers Life Insurance Company now owns 2,384,954 shares of the information technology services provider’s stock valued at $472,913,000 after purchasing an additional 466,452 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Accenture news, Director Paula A. Price bought 800 shares of Accenture stock in a transaction that occurred on Monday, October 26th. The shares were acquired at an average price of $249.81 per share, for a total transaction of $199,848.00. Following the acquisition, the director owned 9,361 shares of the company’s stock, valued at $2,338,471.41. The trade was a 9.34% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Atsushi Egawa sold 10,000 shares of the company’s stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $270.00, for a total transaction of $2,700,000.00. Following the sale, the chief executive officer directly owned 5,996 shares of the company’s stock, valued at approximately $1,618,920. This trade represents a 62.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 18,675 shares of company stock valued at $4,747,563. 0.02% of the stock is owned by corporate insiders.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture is working with Qantas to modernize its operations, providing evidence of continued demand for its transformation services. Qantas said the program will involve cutting 850 jobs over the coming years; the reductions are at Qantas, not Accenture. Reuters: Australia’s Qantas to axe 850 jobs in offshoring deal with Accenture
• Positive Sentiment: A WSIB digital modernization project involving Accenture reduced employer registration from eight to ten business days to under ten minutes. The result offers a concrete example of Accenture’s ability to deliver cloud-based transformation and could help support future client sales. Ontario WSIB project announcement
• Positive Sentiment: U.S. management and technical consulting employment rose by 17,300 in October, its biggest monthly increase since December 2024. The gain may indicate improving demand for consulting services, although it does not guarantee higher spending at Accenture. The Overlooked AI Trade Hiding in a Beaten-Down Corner of the Market
• Neutral Sentiment: Recent comparisons describe Accenture as a large, profitable company with strong cash generation, but note that its revenue has fluctuated while some software peers have shown steadier growth. These comparisons highlight competitive strengths and trade-offs rather than a new change in the company’s outlook. Accenture vs. Adobe comparison
• Neutral Sentiment: The Qantas job cuts may draw scrutiny because the modernization arrangement includes offshoring, though the reporting does not indicate a direct financial or operational cost to Accenture. Qantas to Cut 850 Jobs After Tech Deal With Accenture

Accenture Stock Performance

NYSE ACN opened at $258.82 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 1.43. Accenture PLC has a 1-year low of $118.15 and a 1-year high of $291.09. The firm has a market capitalization of $152.97 billion, a P/E ratio of 19.09, a P/E/G ratio of 1.95 and a beta of 1.01. The business’s 50-day simple moving average is $213.02 and its 200-day simple moving average is $191.64.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. Accenture had a net margin of 11.28% and a return on equity of 26.53%. The firm had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $18.03 billion. During the same quarter in the prior year, the company earned $3.03 EPS. The company’s revenue was up 6.2% on a year-over-year basis. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. Equities analysts predict that Accenture PLC will post 14.68 EPS for the current year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be paid a dividend of $1.71 per share. This is an increase from Accenture’s previous quarterly dividend of $1.63. This represents a $6.84 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, October 13th. Accenture’s payout ratio is presently 50.44%.

Wall Street Analyst Weigh In

ACN has been the subject of several research analyst reports. Truist Financial upped their price target on shares of Accenture from $150.00 to $220.00 and gave the stock a “hold” rating in a research report on Friday, October 2nd. TD Cowen lifted their price target on shares of Accenture from $193.00 to $201.00 and gave the company a “hold” rating in a report on Thursday, October 15th. JPMorgan Chase & Co. lifted their price target on shares of Accenture from $179.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, September 25th. Jefferies Financial Group set a $220.00 price objective on shares of Accenture in a research note on Friday, October 2nd. Finally, Argus upped their price objective on Accenture from $220.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, October 2nd. Ten research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $221.07.

Accenture Profile

Accenture plc is a global professional services company that helps businesses, governments and other organizations solve operational and technology challenges. Its work includes strategy and management consulting, digital transformation, systems integration and the design, implementation and management of technology solutions. The company serves clients across a broad range of industries and geographies. Its services span cloud computing, data and artificial intelligence, cybersecurity, software and platforms, business process operations, and digital marketing and customer experience.