Accenture (NYSE:ACN) Downgraded by Dbs Bank to “Hold”

Dbs Bank cut shares of Accenture (NYSE:ACN) from a moderate buy rating to a hold rating in a research note released on Tuesday,Zacks.com reports.

Several other analysts also recently commented on ACN. Citigroup lowered their price objective on Accenture from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, June 1st. Guggenheim cut their target price on Accenture from $225.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday. Susquehanna lowered their price target on Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a research report on Monday. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research note on Tuesday, June 9th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $200.00 price objective on shares of Accenture in a report on Tuesday, June 16th. Thirteen research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, Accenture presently has a consensus rating of “Hold” and an average target price of $196.85.

Accenture Stock Up 1.6%

Shares of NYSE ACN opened at $129.10 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.34. The company has a 50-day moving average price of $173.22 and a 200-day moving average price of $215.09. The stock has a market capitalization of $85.91 billion, a P/E ratio of 10.31, a P/E/G ratio of 1.26 and a beta of 1.08. Accenture has a 1 year low of $118.15 and a 1 year high of $307.77.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The company had revenue of $18.72 billion for the quarter, compared to analyst estimates of $18.78 billion. During the same quarter in the prior year, the business posted $3.49 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, equities research analysts forecast that Accenture will post 13.84 EPS for the current fiscal year.

Accenture declared that its board has authorized a stock buyback program on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to buy up to 2.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Accenture Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 9th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Thursday, July 9th. Accenture’s dividend payout ratio (DPR) is 52.08%.

Insider Transactions at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by company insiders.

Hedge Funds Weigh In On Accenture

Institutional investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas raised its stake in Accenture by 27.7% in the 4th quarter. Teacher Retirement System of Texas now owns 282,340 shares of the information technology services provider’s stock valued at $75,752,000 after acquiring an additional 61,314 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Accenture by 197.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 141,484 shares of the information technology services provider’s stock valued at $37,960,000 after purchasing an additional 93,880 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Accenture by 36.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 557,516 shares of the information technology services provider’s stock valued at $149,582,000 after buying an additional 149,357 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Accenture by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider’s stock worth $17,726,831,000 after buying an additional 854,361 shares during the period. Finally, Swiss Life Asset Management Ltd grew its stake in Accenture by 12.0% in the 4th quarter. Swiss Life Asset Management Ltd now owns 335,314 shares of the information technology services provider’s stock valued at $89,965,000 after buying an additional 36,037 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a $2.0 billion share repurchase expansion, a signal management sees the stock as undervalued and a support for shareholder returns.
• Positive Sentiment: New business wins and strategic AI-related partnerships, including a software-defined commercial vehicle agreement with Coretura and AI collaborations with Adobe, show Accenture remains active in high-growth transformation projects.
• Positive Sentiment: Several articles argued the recent drop may be creating a long-term buying opportunity, with valuation-focused coverage pointing to potential upside and a DCF-based fair value estimate well above the current price.
• Neutral Sentiment: Recent analysis highlighted Accenture’s international revenue trends as an important factor for Wall Street analysts, suggesting the global mix of business could help or hurt future estimates depending on regional demand.
• Neutral Sentiment: Analyst updates were mixed: DA Davidson and Mizuho both cut price targets, but each kept constructive ratings on the stock, indicating lowered expectations rather than a fully bearish stance.
• Negative Sentiment: Coverage continues to emphasize AI-related disruption concerns and weaker bookings, which are the main reasons investors are reassessing Accenture’s near-term revenue growth and valuation.

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.