D Orazio & Associates Inc. Acquires 2,682 Shares of Accenture PLC $ACN

D Orazio & Associates Inc. acquired a new position in Accenture PLC (NYSE:ACN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,682 shares of the information technology services provider’s stock, valued at approximately $492,000.

Other hedge funds have also recently bought and sold shares of the company. Dogwood Wealth Management LLC boosted its stake in shares of Accenture by 147.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 128 shares in the last quarter. IMG Wealth Management Inc. increased its holdings in shares of Accenture by 134.8% during the 1st 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. Foresight Capital Management Advisors Inc. acquired a new position in shares of Accenture during the 3rd quarter valued at about $31,000. Signature Equity Partners LLC raised its stake in shares of Accenture by 50.9% in the 3rd quarter. Signature Equity Partners LLC now owns 172 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 58 shares in the last quarter. Finally, Arlington Trust Co LLC raised its stake in shares of Accenture by 110.4% in the 2nd quarter. Arlington Trust Co LLC now owns 284 shares of the information technology services provider’s stock valued at $35,000 after acquiring an additional 149 shares in the last quarter. 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 is working with Qantas to modernize its operations, providing evidence of continued demand for its transformation services. Qantas said the program will involve cutting 850 jobs over the coming years; the reductions are at Qantas, not Accenture. Reuters: Australia’s Qantas to axe 850 jobs in offshoring deal with Accenture
• Positive Sentiment: A WSIB digital modernization project involving Accenture reduced employer registration from eight to ten business days to under ten minutes. The result offers a concrete example of Accenture’s ability to deliver cloud-based transformation and could help support future client sales. Ontario WSIB project announcement
• Positive Sentiment: U.S. management and technical consulting employment rose by 17,300 in October, its biggest monthly increase since December 2024. The gain may indicate improving demand for consulting services, although it does not guarantee higher spending at Accenture. The Overlooked AI Trade Hiding in a Beaten-Down Corner of the Market
• Neutral Sentiment: Recent comparisons describe Accenture as a large, profitable company with strong cash generation, but note that its revenue has fluctuated while some software peers have shown steadier growth. These comparisons highlight competitive strengths and trade-offs rather than a new change in the company’s outlook. Accenture vs. Adobe comparison
• Neutral Sentiment: The Qantas job cuts may draw scrutiny because the modernization arrangement includes offshoring, though the reporting does not indicate a direct financial or operational cost to Accenture. Qantas to Cut 850 Jobs After Tech Deal With Accenture

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Evercore set a $250.00 target price on Accenture and gave the stock an “outperform” rating in a research report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft increased their price target on Accenture from $136.00 to $175.00 and gave the company a “hold” rating in a report on Friday, September 18th. The Goldman Sachs Group lifted their price target on shares of Accenture from $230.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, October 1st. Citigroup boosted their price objective on shares of Accenture from $135.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Finally, Weiss Ratings raised shares of Accenture from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. Ten investment analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $221.07.

Accenture Price Performance

NYSE ACN opened at $258.82 on Wednesday. The stock has a 50-day simple moving average of $213.02 and a 200 day simple moving average of $191.64. Accenture PLC has a twelve month low of $118.15 and a twelve month high of $291.09. The stock has a market capitalization of $152.97 billion, a PE ratio of 19.09, a P/E/G ratio of 1.95 and a beta of 1.01. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.43.

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

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, October 13th will be given a $1.71 dividend. This is a positive change from Accenture’s previous quarterly dividend of $1.63. This represents a $6.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, October 13th. Accenture’s dividend payout ratio (DPR) is currently 50.44%.

Insider Buying and Selling

In related news, CAO Melissa A. Burgum sold 811 shares of the business’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $250.00, for a total transaction of $202,750.00. Following the transaction, the chief accounting officer owned 9,820 shares of the company’s stock, valued at approximately $2,455,000. The trade was a 7.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryoji Sekido sold 5,844 shares of the company’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $244.84, for a total transaction of $1,430,844.96. Following the transaction, the chief executive officer owned 1,194 shares of the company’s stock, valued at approximately $292,338.96. The trade was a 83.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,675 shares of company stock valued at $4,747,563 in the last ninety days. Company insiders own 0.02% of the company’s stock.

About Accenture

Accenture plc is a global professional services company that helps businesses, governments and other organizations solve operational and technology challenges. Its work includes strategy and management consulting, digital transformation, systems integration and the design, implementation and management of technology solutions. The company serves clients across a broad range of industries and geographies. Its services span cloud computing, data and artificial intelligence, cybersecurity, software and platforms, business process operations, and digital marketing and customer experience.