Legacy Capital Group California Inc. Purchases 7,188 Shares of Accenture PLC $ACN

Legacy Capital Group California Inc. raised its holdings in shares of Accenture PLC (NYSE:ACN) by 562.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 8,466 shares of the information technology services provider’s stock after purchasing an additional 7,188 shares during the period. Legacy Capital Group California Inc.’s holdings in Accenture were worth $2,088,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of ACN. Sanders Capital LLC purchased a new position in Accenture during the second quarter valued at approximately $2,637,640,000. Norges Bank bought a new stake in Accenture during the 2nd quarter valued at $2,216,850,000. Vanguard Group Inc. boosted its position in 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 in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Accenture by 12.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock valued at $2,502,446,000 after acquiring an additional 1,148,970 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Accenture by 40.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,090,962 shares of the information technology services provider’s stock worth $762,243,000 after acquiring an additional 893,784 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture agreed to acquire Ookla (maker of Speedtest, Downdetector, RootMetrics) to bolster network intelligence and connectivity analytics — expands data assets for telco and enterprise network services. Accenture (ACN) To Accquire OoKla, the Company Behind Popular Speedtest Tool
• Positive Sentiment: Accenture bought advanced AI technology from Avanseus to improve predictive models, anomaly detection and automation for network operations — a capability play that supports higher-margin managed services. Accenture (ACN) Acquires Advanced AI Technology Solution From Avanseus
• Positive Sentiment: New collaboration with Mistral AI aims to accelerate enterprise-grade AI deployments — reinforces Accenture’s positioning as a systems integrator for generative/enterprise AI. Accenture Bets On Ookla And Mistral AI To Reinforce Client Demand
• Positive Sentiment: Jim Cramer publicly said Accenture “shouldn’t be that low,” providing a sentiment boost and drawing retail attention to recent strategic buys. Jim Cramer on Accenture: “It shouldn’t be that low”
• Positive Sentiment: UBS called the Ookla deal a timely bet on AI-driven network intelligence, signaling positive institutional take on strategic fit. UBS sees Accenture’s Ookla deal as timely bet on AI-driven network intelligence
• Neutral Sentiment: Several outlets include ACN among top IT services or growth picks for 2026 (Zacks, Yahoo lists) — positive framing but less immediate impact than deal/earnings news. Buy 5 Computers IT Services Stocks to Boost Your Portfolio in 2026
• Negative Sentiment: Deutsche Bank cut its price target to $230 from $280 and kept a “hold” rating, signaling lower near-term upside from that broker — pressure on sentiment despite strategic moves. Deutsche Bank Cuts Price Target On Accenture To $230 From $280, Keeps “Hold” Rating
• Negative Sentiment: Jensen Quality Growth Equity disclosed it sold Accenture in Q4 — a notable institutional reduction that may signal rotation away from ACN among some active managers. Jensen Quality Growth Equity Decided to Sell Accenture (ACN)
• Negative Sentiment: A Seeking Alpha note argues Accenture’s AI narrative hasn’t yet translated into stronger growth expectations (FY26 guide implies modest revenue growth), keeping investor caution. Accenture: AI Story Isn’t Enough To Excite Investors Just Yet

Accenture Stock Performance

Shares of Accenture stock opened at $217.12 on Friday. The company has a 50 day moving average price of $248.64 and a 200 day moving average price of $250.70. The firm has a market capitalization of $133.66 billion, a P/E ratio of 17.94, a PEG ratio of 2.06 and a beta of 1.27. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $342.89.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate 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 net margin of 10.76% and a return on equity of 26.65%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were issued a dividend of $1.63 per share. The ex-dividend date of this dividend was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.0%. Accenture’s payout ratio is 53.88%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ACN shares. Susquehanna raised their price objective on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Citigroup decreased their price target on shares of Accenture from $266.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Wolfe Research raised their price target on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Accenture from $280.00 to $230.00 and set a “hold” rating on the stock in a research report on Friday. Finally, Royal Bank Of Canada set a $300.00 target price on shares of Accenture in a research report on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $291.69.

Insider Transactions at Accenture

In other Accenture news, General Counsel Joel Unruch sold 1,026 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $281.70, for a total transaction of $289,024.20. Following the completion of the transaction, the general counsel directly owned 27,181 shares of the company’s stock, valued at approximately $7,656,887.70. This trade represents a 3.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction on Monday, January 26th. The stock was sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the sale, the chief accounting officer owned 8,179 shares in the company, valued at $2,298,380.79. The trade was a 30.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,088 shares of company stock valued at $5,970,434 over the last quarter. Company insiders own 0.02% of the company’s stock.

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.