Truist Financial assumed coverage on shares of Accenture (NYSE:ACN – Free Report) in a research note issued to investors on Tuesday morning, Marketbeat reports. The firm issued a buy rating and a $317.00 price objective on the information technology services provider’s stock.
ACN has been the topic of several other reports. Rothschild & Co Redburn boosted their target price on shares of Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a report on Monday. Argus reduced their price target on shares of Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Citigroup upgraded Accenture to a “hold” rating in a research report on Thursday, October 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. cut their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.84.
Get Our Latest Stock Report on ACN
Accenture Stock Performance
Accenture (NYSE:ACN – Get Free Report) last issued its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the company earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts predict that Accenture will post 12.73 EPS for the current year.
Accenture Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.4%. Accenture’s dividend payout ratio is 53.88%.
Insider Buying and Selling at Accenture
In other Accenture news, insider Manish Sharma sold 6,902 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the transaction, the insider owned 1,860 shares in the company, valued at $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the completion of the sale, the general counsel owned 28,207 shares in the company, valued at approximately $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 34,651 shares of company stock worth $8,701,525. 0.02% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Accenture
A number of institutional investors and hedge funds have recently made changes to their positions in ACN. Ransom Advisory Ltd purchased a new position in Accenture in the fourth quarter worth approximately $32,000. Avior Wealth Management LLC lifted its position in shares of Accenture by 2.6% during the 4th quarter. Avior Wealth Management LLC now owns 13,106 shares of the information technology services provider’s stock worth $3,516,000 after purchasing an additional 331 shares during the last quarter. Asset Management Advisors LLC grew its stake in shares of Accenture by 3.6% during the fourth quarter. Asset Management Advisors LLC now owns 17,460 shares of the information technology services provider’s stock worth $4,685,000 after purchasing an additional 600 shares in the last quarter. Board of the Pension Protection Fund purchased a new position in Accenture in the fourth quarter valued at $27,000. Finally, Investors Research Corp raised its stake in Accenture by 926.4% in the fourth quarter. Investors Research Corp now owns 1,088 shares of the information technology services provider’s stock valued at $292,000 after buying an additional 982 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Truist initiated coverage with a “buy” rating and $317 price target, giving investors a bullish independent view and potential buying pressure. Read More.
- Positive Sentiment: Accenture agreed to acquire Faculty, an AI-native services/products firm, to scale its generative AI capabilities and accelerate client implementations — a strategic tuck‑in that supports revenue mix and higher‑margin AI services. Read More.
- Positive Sentiment: Partnership with NTT DOCOMO GLOBAL to build a Universal Wallet Infrastructure showcases expansion into large digital identity/data-led projects, supporting long‑term digital services growth. Read More.
- Neutral Sentiment: Rothschild & Co Redburn nudged its target to $210 but kept a “neutral” rating — an analyst update without a positive catalyst for the stock given the target remains well below current levels. Read More.
- Negative Sentiment: Coverage highlighting softer public‑sector demand raises near-term revenue resilience concerns in Accenture’s consulting business, which could pressure short-term organic growth. Read More.
- Negative Sentiment: Insider sale: General Counsel Joel Unruch sold 1,332 shares (~$275 avg), trimming his stake ~4.5% — a small negative signal but not large relative to his remaining holdings. Read More.
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.
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