Accenture (NYSE:ACN – Free Report) had its price target raised by Morgan Stanley from $130.00 to $175.00 in a research report released on Monday, Marketbeat.com reports. They currently have an equal weight rating on the information technology services provider’s stock.
Other equities analysts have also recently issued reports about the stock. Mizuho lowered their price target on shares of Accenture from $280.00 to $226.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 23rd. Royal Bank Of Canada reduced their price objective on shares of Accenture from $253.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, June 22nd. Oppenheimer set a $201.00 target price on shares of Accenture in a research report on Monday, June 8th. Dbs Bank cut shares of Accenture from a “moderate buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, The Goldman Sachs Group reduced their price target on shares of Accenture from $270.00 to $230.00 and set a “neutral” rating for the company in a research report on Thursday, June 18th. Eleven analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $196.59.
Accenture Stock Down 1.9%
Accenture (NYSE:ACN – Get Free Report) last announced its quarterly earnings data on Friday, June 19th. 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 return on equity of 26.47% and a net margin of 10.66%.The firm 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 company posted $3.49 earnings per share. Accenture’s quarterly revenue was up 5.6% on a year-over-year basis. On average, equities analysts anticipate that Accenture will post 13.86 earnings per share for the current fiscal year.
Accenture announced that its Board of Directors has approved a share buyback plan 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 repurchase up to 2.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its shares are undervalued.
Insiders Place Their Bets
In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of Accenture stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the completion of the transaction, the general counsel owned 17,735 shares in the company, valued at approximately $2,890,450.30. The trade was a 37.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of ACN. Lloyd Advisory Services LLC. purchased a new position in Accenture during the fourth quarter worth $35,000. IMG Wealth Management Inc. boosted its stake in shares of Accenture by 134.8% during the first quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock valued at $31,000 after acquiring an additional 89 shares during the last quarter. Modus Advisors LLC acquired a new stake in shares of Accenture during the fourth quarter valued at $45,000. Strategic Investment Solutions Inc. IL purchased a new stake in Accenture during the 4th quarter worth about $54,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Accenture in the 4th quarter valued at about $56,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture continues to return substantial capital to shareholders through dividends and repurchases. While these distributions support shareholder value, investors remain focused on whether future returns can offset slower growth and valuation pressure. ACN Stock Returned $39 Billion to Shareholders—Why Did It Underperform?
- Neutral Sentiment: Accenture scheduled its fourth-quarter and full fiscal-year 2026 results for October 1. The upcoming report and management’s outlook should provide important updates on demand, artificial-intelligence bookings, margins, and growth. Accenture to Announce Fourth-Quarter and Full-Year Fiscal 2026 Results
- Neutral Sentiment: Recent filings indicate purchases of Accenture shares by U.S. politicians. The activity may attract attention but is not a fundamental indicator of Accenture’s earnings or business outlook. US Politicians Are Buying These Two Stocks
- Negative Sentiment: Investor concerns that AI could disintermediate or reduce demand for conventional consulting work are weighing on the shares. Although Accenture is investing heavily in generative AI services, investors remain uncertain about how quickly those offerings will translate into durable revenue growth. Investor Fears of AI Disintermediation Weigh on Accenture Stock
- Negative Sentiment: Morgan Stanley downgraded Accenture to Hold, signaling limited near-term upside after a recent rebound. A separate report on investor Broyhill’s bearish exit reinforces concerns about valuation, growth prospects, and the company’s ability to outperform peers. Morgan Stanley downgrades Accenture to a Hold
- Negative Sentiment: Accenture agreed to pay $25 million to settle U.S. Department of Justice allegations involving race- and sex-based considerations in hiring and promotion. The financial cost is manageable, but the settlement creates reputational and compliance overhang. Accenture to pay $25 million to settle US government allegations over DEI
Accenture Company Profile
Accenture plc is a global professional services company that helps organizations improve business performance through consulting, technology, and managed services. Its offerings include strategy and consulting, technology implementation, operations support, and business process services.
The company provides digital transformation services involving cloud computing, artificial intelligence, data and analytics, cybersecurity, systems integration, and enterprise software. Through its Song and Industry X businesses, Accenture also supports customer experience, marketing, product engineering, and smart manufacturing initiatives.
Accenture serves clients across a broad range of industries, including financial services, health care, public service, communications, media and technology, consumer goods, retail, resources, and industrial markets.
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