Accenture (NYSE:ACN) Price Target Raised to $210.00 at Rothschild & Co Redburn

Accenture (NYSE:ACN) had its price target lifted by research analysts at Rothschild & Co Redburn from $205.00 to $210.00 in a report issued on Monday,MarketScreener reports. The brokerage presently has a “neutral” rating on the information technology services provider’s stock. Rothschild & Co Redburn’s price target would suggest a potential downside of 19.16% from the stock’s current price.

A number of other research analysts also recently issued reports on ACN. Jefferies Financial Group boosted their price objective on shares of Accenture from $250.00 to $270.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. Susquehanna increased their price objective on shares of 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 raised their price target on shares of Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price target on shares of Accenture in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and an average target price of $294.96.

Accenture Stock Performance

NYSE:ACN opened at $259.78 on Monday. 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 has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a market cap of $159.92 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 2.51 and a beta of 1.25. The business has a 50 day moving average price of $257.83 and a 200-day moving average price of $260.09.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same period in the prior year, the business posted $3.59 EPS. The firm’s revenue was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities research analysts predict that Accenture will post 12.73 earnings per share for the current year.

Insider Activity at Accenture

In related news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the transaction, the insider directly owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ryoji Sekido sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at $346,763.30. This represents a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On Accenture

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Accenture by 2.1% during the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after buying an additional 1,315,548 shares in the last quarter. State Street Corp boosted its stake in shares of Accenture by 0.4% during the 3rd quarter. State Street Corp now owns 28,135,065 shares of the information technology services provider’s stock worth $6,938,156,000 after acquiring an additional 118,460 shares in the last quarter. Capital International Investors grew its position in shares of Accenture by 41.1% during the 3rd quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after acquiring an additional 4,984,930 shares during the period. Geode Capital Management LLC raised its holdings in Accenture by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock worth $4,182,331,000 after purchasing an additional 147,931 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in Accenture by 12.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after purchasing an additional 1,148,970 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

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.