Accenture (NYSE:ACN) Price Target Lowered to $235.00 at Deutsche Bank Aktiengesellschaft

Accenture (NYSE:ACN) had its price objective trimmed by Deutsche Bank Aktiengesellschaft from $260.00 to $235.00 in a research note released on Friday,MarketScreener reports. The brokerage currently has a hold rating on the information technology services provider’s stock.

Several other research firms also recently commented on ACN. Evercore ISI set a $280.00 target price on shares of Accenture in a research report on Thursday. Benchmark reiterated a “mixed” rating on shares of Accenture in a report on Friday, June 20th. JPMorgan Chase & Co. reduced their price target on Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday. Wolfe Research cut their price objective on Accenture from $290.00 to $285.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Morgan Stanley lowered their price target on Accenture from $325.00 to $271.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $301.91.

Accenture Stock Performance

Shares of NYSE ACN opened at $239.43 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46. Accenture has a one year low of $229.40 and a one year high of $398.35. The business’s 50-day moving average price is $253.43 and its two-hundred day moving average price is $286.28. The company has a market capitalization of $149.96 billion, a P/E ratio of 19.71, a price-to-earnings-growth ratio of 1.99 and a beta of 1.29.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts anticipate that Accenture will post 12.73 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 14th. Stockholders of record on Friday, October 10th will be given a $1.63 dividend. This is a positive change from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th. Accenture’s dividend payout ratio (DPR) is currently 47.13%.

Insider Buying and Selling

In related news, CEO Julie Spellman Sweet sold 2,251 shares of the business’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer owned 8,109 shares of the company’s stock, valued at approximately $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Angela Beatty sold 203 shares of the business’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the transaction, the insider owned 5,249 shares in the company, valued at approximately $1,482,002.66. The trade was a 3.72% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,954 shares of company stock valued at $834,280. 0.02% of the stock is owned by company insiders.

Institutional Trading of Accenture

A number of institutional investors and hedge funds have recently modified their holdings of ACN. Sanders Capital LLC acquired a new stake in Accenture during the second quarter worth $2,637,640,000. Norges Bank bought a new position in shares of Accenture during the 2nd quarter worth about $2,216,850,000. Price T Rowe Associates Inc. MD boosted its position in shares of Accenture by 63.9% during the 1st 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 acquiring an additional 3,490,569 shares in the last quarter. Vanguard Group Inc. increased its stake in Accenture by 5.7% in the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after acquiring an additional 3,419,577 shares during the period. Finally, GAMMA Investing LLC raised its position in Accenture by 30,256.8% in the first quarter. GAMMA Investing LLC now owns 3,421,519 shares of the information technology services provider’s stock worth $1,067,651,000 after purchasing an additional 3,410,248 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

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.