Keel Point LLC Trims Position in Accenture PLC $ACN

Keel Point LLC decreased its holdings in shares of Accenture PLC (NYSE:ACN) by 23.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 16,510 shares of the information technology services provider’s stock after selling 5,023 shares during the period. Keel Point LLC’s holdings in Accenture were worth $3,274,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Ipsen Advisor Group LLC increased its stake in Accenture by 12.9% in the first quarter. Ipsen Advisor Group LLC now owns 2,352 shares of the information technology services provider’s stock valued at $466,000 after purchasing an additional 269 shares during the last quarter. Asset Dedication LLC boosted its stake in Accenture by 139.8% in the 1st quarter. Asset Dedication LLC now owns 2,755 shares of the information technology services provider’s stock worth $546,000 after buying an additional 1,606 shares during the last quarter. Axiom Investment Management LLC acquired a new position in shares of Accenture during the 1st quarter valued at about $72,000. Segall Bryant & Hamill LLC acquired a new position in shares of Accenture during the 1st quarter valued at about $6,945,000. Finally, Compass Capital Management Inc. lifted its holdings in shares of Accenture by 2.7% during the 1st quarter. Compass Capital Management Inc. now owns 228,461 shares of the information technology services provider’s stock worth $45,302,000 after acquiring an additional 5,927 shares during the period. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture Stock Up 1.9%

ACN opened at $166.34 on Friday. Accenture PLC has a 1 year low of $118.15 and a 1 year high of $291.09. The firm has a 50 day moving average price of $152.56 and a 200 day moving average price of $191.12. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market cap of $111.08 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 1.72 and a beta of 1.13.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, beating 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 firm had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.78 billion. During the same period in the previous year, the company posted $3.49 earnings per share. Accenture’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. Sell-side analysts expect that Accenture PLC will post 13.85 earnings per share for the current year.

Accenture announced that its board has initiated a share repurchase plan on Tuesday, June 23rd that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the information technology services provider to buy up to 2.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Accenture Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 3.9%. Accenture’s payout ratio is presently 52.08%.

Insiders Place Their Bets

In related news, General Counsel Joel Unruch sold 10,498 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $162.98, for a total value of $1,710,964.04. Following the completion of the sale, the general counsel directly owned 17,735 shares in the company, valued at approximately $2,890,450.30. This represents a 37.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ACN shares. Argus lowered their target price on shares of Accenture from $335.00 to $220.00 and set a “buy” rating for the company in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $136.00 price target on shares of Accenture in a research note on Friday, July 10th. Jefferies Financial Group decreased their price target on shares of Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a report on Monday, June 15th. Susquehanna lowered their price objective on shares of Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a research note on Monday, June 22nd. Finally, Morgan Stanley cut their target price on Accenture from $177.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Monday, June 22nd. Twelve analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $192.96.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: UniCredit digital-transformation deal: Accenture and IBM are collaborating with UniCredit to build a next-generation European banking platform. The project reinforces Accenture’s position in large, strategic technology-transformation contracts and could support future bookings and revenue. UniCredit, Accenture and IBM Collaborate to Build Europe’s Next-Generation Banking Platform
• Positive Sentiment: AI strategy remains a potential catalyst: Coverage highlighted Accenture’s investments in artificial intelligence and its Edge business as opportunities to capture demand for AI implementation and enterprise modernization. Successful execution could improve growth prospects and sentiment toward the stock. Why Is Accenture Strengthening Its AI Strategy?
• Positive Sentiment: Deeply discounted valuation: Analysts noted that ACN trades at roughly 12 times fiscal 2026 earnings following a steep decline, with an approximately 4% dividend yield. The valuation has prompted cautious views that the market may be pricing in more permanent business damage than ultimately occurs. ACN Got Cheaper. The Business Did Not Get Worse
• Neutral Sentiment: Insider selling disclosed: General Counsel Joel Unruch sold 10,498 shares for about $1.7 million, reducing his holdings by 37.2%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it offers limited insight into current management expectations. Accenture Insider Trading Filing
• Negative Sentiment: Execution concerns remain: Accenture’s organic growth is weak and bookings have declined, while Capgemini’s stronger performance suggests that some of ACN’s pressure may reflect company-specific execution issues rather than industry conditions. AI initiatives are promising, but their ability to scale and expand margins remains unproven. Accenture: The Market Is Pricing In Too Much Permanent Damage

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.