1,933 Accenture PLC $ACN Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC raised its position in Accenture PLC (NYSE:ACN) by 2.1% during the third quarter, Holdings Channel reports. The institutional investor owned 95,794 shares of the information technology services provider’s stock after buying an additional 1,933 shares during the quarter. Calamos Advisors LLC’s holdings in Accenture were worth $17,566,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Patrick M Sweeney & Associates Inc. raised its position in shares of Accenture by 2.0% during the third quarter. Patrick M Sweeney & Associates Inc. now owns 2,249 shares of the information technology services provider’s stock worth $412,000 after acquiring an additional 45 shares during the last quarter. Alpine Bank Wealth Management lifted its stake in shares of Accenture by 18.3% during the third quarter. Alpine Bank Wealth Management now owns 323 shares of the information technology services provider’s stock valued at $59,000 after acquiring an additional 50 shares during the period. Alliance Wealth Advisors LLC boosted its holdings in Accenture by 2.9% in the third quarter. Alliance Wealth Advisors LLC now owns 1,819 shares of the information technology services provider’s stock valued at $334,000 after acquiring an additional 51 shares during the last quarter. Hibernia Wealth Partners LLC boosted its holdings in Accenture by 4.5% in the first quarter. Hibernia Wealth Partners LLC now owns 1,354 shares of the information technology services provider’s stock valued at $269,000 after acquiring an additional 58 shares during the last quarter. Finally, Signature Equity Partners LLC increased its position in Accenture by 50.9% in the third quarter. Signature Equity Partners LLC now owns 172 shares of the information technology services provider’s stock worth $32,000 after purchasing an additional 58 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ACN. Jefferies Financial Group set a $220.00 price objective on Accenture in a report on Friday, October 2nd. BMO Capital Markets set a $235.00 target price on shares of Accenture in a research note on Friday, October 2nd. Weiss Ratings raised shares of Accenture from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 21st. Royal Bank Of Canada lifted their price target on shares of Accenture from $175.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, October 2nd. Finally, Wolfe Research boosted their price target on shares of Accenture from $165.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Ten investment analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Accenture presently has a consensus rating of “Hold” and an average price target of $221.07.

Accenture Stock Down 1.8%

NYSE:ACN opened at $260.36 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. Accenture PLC has a 12-month low of $118.15 and a 12-month high of $291.09. The stock’s fifty day simple moving average is $210.35 and its 200-day simple moving average is $191.91. The firm has a market capitalization of $153.89 billion, a P/E ratio of 19.20, a P/E/G ratio of 2.00 and a beta of 1.01.

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. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The business had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $18.03 billion. During the same quarter in the prior year, the company posted $3.03 earnings per share. The firm’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. Equities research analysts expect that Accenture PLC will post 14.68 earnings per share for the current year.

Accenture Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, October 13th will be given a dividend of $1.71 per share. This represents a $6.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, October 13th. This is an increase from Accenture’s previous quarterly dividend of $1.63. Accenture’s dividend payout ratio is presently 50.44%.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture and Mondel?z International are applying agentic AI to redesign Mondel?z’s global order-to-cash operations, including ordering, invoicing and collections. The project showcases demand for Accenture’s AI services, though no contract value or expected revenue was disclosed. Accenture expands AI work with a major consumer goods customer
• Positive Sentiment: A valuation analysis says ACN trades at about 18 times forward earnings, below its 10-year average of 24 times, even after a strong recent rally. That could appeal to investors who see room for the valuation to recover. Accenture’s valuation analysis
• Neutral Sentiment: CEO Atsushi Egawa sold 10,000 shares for $2.7 million, reducing his direct holdings by about 62.5%. The sale was made under a pre-arranged Rule 10b5-1 plan, so it is not necessarily a signal about his outlook for the company. Accenture CEO share sale
• Negative Sentiment: Accenture fell even as the market rose, indicating relative weakness in the session. The report describes the decline but does not point to a specific company catalyst. Accenture stock underperforms as the market gains

Insider Buying and Selling

In related news, CEO Ryoji Sekido sold 5,844 shares of the stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $244.84, for a total value of $1,430,844.96. Following the sale, the chief executive officer directly owned 1,194 shares in the company, valued at $292,338.96. This trade represents a 83.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Julie Sweet acquired 12,200 shares of Accenture stock in a transaction that occurred on Monday, October 26th. The shares were purchased at an average cost of $245.99 per share, for a total transaction of $3,001,078.00. Following the purchase, the chief executive officer directly owned 48,910 shares in the company, valued at $12,031,370.90. The trade was a 33.23% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 18,675 shares of company stock worth $4,747,563 over the last quarter. Insiders own 0.02% of the company’s stock.

Accenture Company Profile

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.

Accenture traces its roots to the consulting business of accounting firm Arthur Andersen.