Accenture (NYSE:ACN) Stock Price Target Raised at Susquehanna

Accenture (NYSE:ACN) had its price objective upped by Susquehanna from $140.00 to $153.00 in a research report report published on Monday morning, Marketbeat Ratings reports. Susquehanna currently has a neutral rating on the information technology services provider’s stock.

A number of other analysts also recently issued reports on the company. Jefferies Financial Group raised their target price on Accenture from $130.00 to $190.00 and gave the stock a “hold” rating in a research note on Tuesday, September 22nd. Oppenheimer set a $201.00 target price on shares of Accenture in a report on Monday, June 8th. DA Davidson decreased their price objective on Accenture from $275.00 to $175.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Royal Bank Of Canada set a $195.00 target price on Accenture in a research report on Tuesday, September 15th. Finally, William Blair downgraded Accenture from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 18th. Ten investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Accenture presently has an average rating of “Hold” and a consensus target price of $200.52.

Accenture Price Performance

ACN stock opened at $174.40 on Monday. Accenture has a 1 year low of $118.15 and a 1 year high of $291.09. 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 firm has a market capitalization of $116.47 billion, a PE ratio of 13.93, a price-to-earnings-growth ratio of 1.45 and a beta of 1.10. The business has a 50 day simple moving average of $176.81 and a 200-day simple moving average of $173.60.

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

Insider Transactions at Accenture

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

Institutional Trading of Accenture

Hedge funds have recently made changes to their positions in the business. Regent Peak Wealth Advisors LLC grew its holdings in shares of Accenture by 10.4% during the second quarter. Regent Peak Wealth Advisors LLC now owns 74,187 shares of the information technology services provider’s stock worth $9,232,000 after purchasing an additional 7,018 shares during the last quarter. Illinois Municipal Retirement Fund lifted its holdings in shares of Accenture by 6.7% in the 4th quarter. Illinois Municipal Retirement Fund now owns 74,054 shares of the information technology services provider’s stock valued at $19,869,000 after purchasing an additional 4,640 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Accenture by 72.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 19,455 shares of the information technology services provider’s stock valued at $2,421,000 after purchasing an additional 8,169 shares during the period. Bright Rock Capital Management LLC purchased a new position in Accenture during the 2nd quarter worth approximately $7,466,000. Finally, Dearborn Partners LLC acquired a new position in Accenture during the second quarter worth approximately $25,108,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Key Headlines Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture is reportedly gaining paid work related to AI safety evaluation for Anthropic. The engagement supports the view that AI may create new consulting, implementation, and governance demand rather than simply reduce clients’ need for consultants. The AI Fear That Crushed Accenture Just Created Its Biggest Opportunity
• Positive Sentiment: MotoGP Group selected Accenture to build a next-generation direct-to-fan streaming platform for the 2027 season. The project expands Accenture’s Media Engage business and adds a high-profile digital-platform win. Accenture’s Cash Machine Remains Strong. But Where Does Growth Come From?
• Positive Sentiment: Accenture is helping Combe unify global operations using Oracle Fusion Applications, while a separate engagement with DS Smith and osapiens will improve supply-chain transparency and regulatory compliance. These projects demonstrate continued demand for cloud, enterprise-software, and AI-ready transformation services. Accenture Edge Helps Combe Unify Its Global Operations Accenture and osapiens Make DS Smith’s Supply Chain More Transparent
• Positive Sentiment: JPMorgan reportedly raised its price target for ACN, and bullish commentary argues that new AI-related bookings could challenge the market’s bearish assumptions. Accenture Stock Gets Price Target Increase from JPMorgan What Are Accenture Stock Bears Missing?

About Accenture

Accenture plc (NYSE: ACN) is a global professional services company that helps organizations improve performance, modernize operations and respond to technological and market changes. Its services span strategy and consulting, technology, operations, and managed services, with expertise across industries including communications, financial services, health care, public service, retail, manufacturing and resources.

The company provides digital transformation, cloud migration, data and artificial intelligence, cybersecurity, systems integration and technology implementation services.