2,367 Shares of Accenture PLC $ACN Purchased by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC acquired a new stake in Accenture PLC (NYSE:ACN) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,367 shares of the information technology services provider’s stock, valued at approximately $434,000.

A number of other hedge funds have also modified their holdings of the stock. Hibernia Wealth Partners LLC boosted its stake in Accenture by 4.5% in the 1st quarter. Hibernia Wealth Partners LLC now owns 1,354 shares of the information technology services provider’s stock valued at $269,000 after buying an additional 58 shares in the last quarter. Kennebec Savings Bank raised its stake in Accenture by 38.0% during the first quarter. Kennebec Savings Bank now owns 218 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 60 shares in the last quarter. GS Investments Inc. raised its stake in Accenture by 0.5% during the first quarter. GS Investments Inc. now owns 12,415 shares of the information technology services provider’s stock worth $2,462,000 after acquiring an additional 60 shares in the last quarter. Camelot Portfolios LLC lifted its holdings in shares of Accenture by 1.4% during the second quarter. Camelot Portfolios LLC now owns 4,526 shares of the information technology services provider’s stock valued at $563,000 after acquiring an additional 62 shares during the period. Finally, Excelsior Advisor Network LLC lifted its holdings in shares of Accenture by 2.0% during the first quarter. Excelsior Advisor Network LLC now owns 3,323 shares of the information technology services provider’s stock valued at $659,000 after acquiring an additional 66 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture outlined a three-year plan targeting at least mid-single-digit revenue growth, with AI expected to become a net demand driver as clients move from pilot projects to broader implementation. The company highlighted AI-related work with UMass Memorial Health and expanded partnerships with Dell, Microsoft and Workday. Accenture Sees AI as Net Demand Driver
• Positive Sentiment: Accenture plans approximately $8 billion in fiscal 2027 acquisitions to expand cybersecurity capabilities, industry expertise and other growth areas. Investors may view the spending as a catalyst for revenue growth and deeper AI offerings, although successful integration will be important. Accenture’s $8B Acquisition Push
• Positive Sentiment: Several analysts raised their price targets after the investor day, citing Accenture’s AI opportunity and multi-year growth framework. Susquehanna increased its target to $230, while TD Cowen raised its target to $201, though both maintained non-bullish ratings. Analysts Raise Price Targets
• Neutral Sentiment: Wells Fargo maintained a Hold rating, reflecting investor debate over whether AI-driven growth can offset slower consulting demand and execution risks. BNP Paribas similarly said Accenture’s positive tailwinds have not yet fully overcome existing headwinds. Accenture Tailwinds and Headwinds
• Negative Sentiment: Accenture reportedly capped employees’ monthly Claude spending at $29 after some users spent as much as $1,000. The move may signal tighter control of internal AI costs and raises questions about how aggressively the company is using AI internally, despite marketing AI transformation to clients. Accenture Caps Claude Spending

Insider Activity

In other news, COO Catherine Hogan sold 700 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $214.24, for a total transaction of $149,968.00. Following the transaction, the chief operating officer directly owned 11,856 shares in the company, valued at approximately $2,540,029.44. This represents a 5.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Joel Unruch sold 10,498 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at $2,890,450.30. The trade was a 37.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,518 shares of company stock valued at $2,124,932 in the last 90 days. Corporate insiders own 0.02% of the company’s stock.

Accenture Price Performance

ACN stock traded up $4.71 during midday trading on Friday, reaching $229.63. 7,485,602 shares of the company’s stock traded hands, compared to its average volume of 8,063,213. The company has a 50-day simple moving average of $189.39 and a two-hundred day simple moving average of $174.54. The company has a quick ratio of 1.34, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. Accenture PLC has a 1-year low of $118.15 and a 1-year high of $291.09. The company has a market cap of $153.35 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 1.85 and a beta of 1.11.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The company had revenue of $18.68 billion for the quarter, compared to analyst estimates of $18.03 billion. During the same quarter in the previous year, the firm earned $3.03 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, analysts anticipate that Accenture PLC will post 14.68 earnings per share for the current year.

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

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be issued a dividend of $1.71 per share. The ex-dividend date of this dividend is Tuesday, October 13th. This represents a $6.84 dividend on an annualized basis and a yield of 3.0%. This is an increase from Accenture’s previous quarterly dividend of $1.63. Accenture’s payout ratio is currently 50.44%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Stifel Nicolaus set a $242.00 target price on shares of Accenture in a research note on Thursday. Citigroup increased their target price on shares of Accenture from $135.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, August 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Accenture in a report on Tuesday, October 6th. Dbs Bank downgraded shares of Accenture from a “moderate buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, Wells Fargo & Company restated a “reduce” rating on shares of Accenture in a research report on Friday, October 2nd. Eleven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $219.26.

Accenture Profile

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.