Accenture (NYSE:ACN) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Accenture (NYSE:ACN) had its price objective boosted by Deutsche Bank Aktiengesellschaft from $265.00 to $280.00 in a report issued on Monday,MarketScreener reports. The brokerage presently has a “hold” rating on the information technology services provider’s stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential downside of 0.05% from the company’s previous close.

A number of other brokerages also recently weighed in on ACN. BMO Capital Markets reiterated a “market perform” rating and issued a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. Truist Financial began coverage on Accenture in a report on Tuesday, January 6th. They set a “buy” rating and a $317.00 price objective for the company. Wells Fargo & Company boosted their price target on shares of Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 14th. Susquehanna lifted their price objective on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Finally, Wolfe Research lifted their price target on Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, December 11th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Accenture currently has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

Accenture Stock Down 1.7%

ACN opened at $280.13 on Monday. The stock has a fifty day moving average of $267.78 and a 200-day moving average of $258.09. The company has a market capitalization of $172.45 billion, a P/E ratio of 23.33, a P/E/G ratio of 2.71 and a beta of 1.25. Accenture has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. 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 (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.73 by $0.21. The firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities analysts expect that Accenture will post 12.73 EPS for the current year.

Insider Activity at Accenture

In other Accenture news, CEO Mauro Macchi sold 500 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $280.00, for a total transaction of $140,000.00. Following the sale, the chief executive officer owned 7,123 shares of the company’s stock, valued at $1,994,440. The trade was a 6.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Manish Sharma sold 2,731 shares of the firm’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the transaction, the insider directly owned 7,057 shares of the company’s stock, valued at $2,033,333.41. The trade was a 27.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 21,674 shares of company stock valued at $5,661,414 in the last three months. Insiders own 0.02% of the company’s stock.

Institutional Investors Weigh In On Accenture

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of Accenture by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after acquiring an additional 1,315,548 shares during the last quarter. State Street Corp lifted its position in Accenture by 0.4% in 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 buying an additional 118,460 shares during the last quarter. Capital International Investors grew its position in 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 worth $4,223,839,000 after acquiring an additional 4,984,930 shares during the last quarter. Geode Capital Management LLC lifted its position in Accenture by 1.1% in the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Accenture by 5.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 10,693,994 shares of the information technology services provider’s stock worth $2,869,199,000 after buying an additional 546,198 shares during the period. Institutional investors own 75.14% of the company’s stock.

About Accenture

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.