Cantor Fitzgerald Investment Advisors L.P. Purchases 2,851 Shares of Accenture PLC $ACN

Cantor Fitzgerald Investment Advisors L.P. boosted its stake in shares of Accenture PLC (NYSE:ACN) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,411 shares of the information technology services provider’s stock after buying an additional 2,851 shares during the period. Accenture accounts for about 1.1% of Cantor Fitzgerald Investment Advisors L.P.’s investment portfolio, making the stock its 20th biggest holding. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Accenture were worth $20,796,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dogwood Wealth Management LLC raised its stake in Accenture by 147.1% in the second quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 128 shares during the last quarter. IMG Wealth Management Inc. lifted its position in 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 purchasing an additional 89 shares during the period. Arlington Trust Co LLC grew its position in Accenture by 110.4% during the 2nd quarter. Arlington Trust Co LLC now owns 284 shares of the information technology services provider’s stock worth $35,000 after purchasing an additional 149 shares during the period. S&G Foundation acquired a new position in shares of Accenture in the 2nd quarter valued at about $37,000. Finally, Whipplewood Advisors LLC increased its holdings in shares of Accenture by 57.9% during the 1st quarter. Whipplewood Advisors LLC now owns 210 shares of the information technology services provider’s stock valued at $42,000 after purchasing an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analysts Set New Price Targets

ACN has been the topic of several research analyst reports. BNP Paribas Exane dropped their target price on shares of Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday, June 26th. Mizuho increased their price objective on Accenture from $226.00 to $241.00 and gave the company an “outperform” rating in a research note on Tuesday, October 6th. DA Davidson dropped their target price on shares of Accenture from $275.00 to $175.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Robert W. Baird set a $245.00 price objective on shares of Accenture in a research note on Thursday, October 1st. Finally, William Blair lowered Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday, June 18th. Eleven analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $219.26.

Accenture Trading Up 4.6%

Shares of NYSE:ACN opened at $224.84 on Friday. Accenture PLC has a 52 week low of $118.15 and a 52 week high of $291.09. The company’s 50 day moving average is $188.31 and its two-hundred day moving average is $174.15. The company has a market cap of $150.15 billion, a PE ratio of 16.58, a P/E/G ratio of 1.77 and a beta of 1.11. The company has a current ratio of 1.43, a quick ratio of 1.34 and a debt-to-equity ratio of 0.31.

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

Accenture Increases Dividend

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

Accenture announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, June 23rd that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the information technology services provider to buy up to 2.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Activity

In related news, General Counsel Joel Unruch sold 10,498 shares of the company’s stock in a transaction that occurred on 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 transaction, the general counsel owned 17,735 shares of the company’s stock, valued at approximately $2,890,450.30. This represents a 37.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Catherine Hogan sold 1,320 shares of the firm’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $200.00, for a total value of $264,000.00. Following the completion of the sale, the chief operating officer directly owned 12,556 shares in the company, valued at approximately $2,511,200. The trade was a 9.51% 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 have sold 12,518 shares of company stock worth $2,124,932 over the last 90 days. 0.02% of the stock is currently owned by company insiders.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture outlined a three-year framework targeting at least mid-single-digit revenue growth, with potential acceleration through fiscal 2029. RBC said artificial intelligence is becoming a net demand driver, supporting expectations for stronger consulting and technology-services bookings. Accenture Sees AI as Net Demand Driver
• Positive Sentiment: Expanded alliances with Dell Technologies, Workday and Anthropic, along with the acquisition of Sagacity Solutions, reinforce Accenture’s strategy of helping enterprises deploy agentic AI, private AI infrastructure and AI-powered customer analytics. These initiatives could increase demand for consulting, implementation and managed services. Accenture AI Deals and Dividend Hike
• Positive Sentiment: Accenture raised its quarterly dividend to $1.71 per share from $1.63, equivalent to an annualized $6.84 payout and an approximately 3.2% yield. The company also has an authorized $2 billion share-repurchase program, improving shareholder returns and signaling confidence in the valuation.
• Positive Sentiment: The company’s latest quarterly results exceeded estimates, with earnings of $3.29 per share and revenue of $18.68 billion, up 6.2% year over year. Strong cash flow, bookings and a relatively modest valuation remain additional supports for the stock.
• Neutral Sentiment: Susquehanna raised its price target to $230 from $210 but kept a neutral rating. TD Cowen also lifted its target, to $201 from $193, while retaining a hold rating. The mixed recommendations suggest analysts see improved prospects but limited near-term upside after the rally. Accenture Trending Stock Analysis
• Negative Sentiment: Investors remain concerned that cautious client spending, pricing pressure, acquisition dependence and execution risk could limit growth. Some commentary also argues that the recent rally has outpaced Accenture’s underlying fundamentals.
• Negative Sentiment: COO Catherine Hogan sold 700 shares under a pre-arranged Rule 10b5-1 plan. The transaction was relatively small and planned in advance, but it may modestly weigh on sentiment. Accenture Insider Transaction

Accenture Company 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.