Accenture’s (ACN) Hold (C-) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their hold (c-) rating on shares of Accenture (NYSE:ACN) in a research note published on Wednesday,Weiss Ratings reports.

Several other brokerages have also recently weighed in on ACN. Rothschild Redb cut Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. The Goldman Sachs Group lowered their target price on Accenture from $370.00 to $330.00 and set a “buy” rating for the company in a report on Friday, September 26th. Benchmark reiterated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. Guggenheim lowered their target price on Accenture from $305.00 to $285.00 and set a “buy” rating for the company in a report on Friday, September 26th. Finally, Rothschild & Co Redburn upped their target price on Accenture from $250.00 to $255.00 in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Price Performance

ACN opened at $241.11 on Wednesday. The business has a fifty day moving average of $247.45 and a 200 day moving average of $281.57. Accenture has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a quick ratio of 1.46, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market cap of $151.01 billion, a P/E ratio of 19.84, a PEG ratio of 2.19 and a beta of 1.28.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. During the same quarter in the previous year, the business earned $2.66 EPS. Accenture’s revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts anticipate that Accenture will post 12.73 EPS for the current year.

Accenture Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be issued a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio is currently 48.72%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Accenture by 2.1% in the second 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 purchasing an additional 1,315,548 shares during the period. State Street Corp increased its holdings in shares of Accenture by 1.2% in the second quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider’s stock valued at $8,373,925,000 after purchasing an additional 326,979 shares during the period. Geode Capital Management LLC increased its holdings in shares of 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 period. Massachusetts Financial Services Co. MA increased its holdings in shares of Accenture by 0.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider’s stock valued at $2,689,659,000 after purchasing an additional 56,108 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Accenture by 63.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after purchasing an additional 3,490,569 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.