Accenture PLC $ACN Stock Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC lessened its stake in Accenture PLC (NYSE:ACN) by 48.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,280 shares of the information technology services provider’s stock after selling 2,183 shares during the period. Elevated Capital Advisors LLC’s holdings in Accenture were worth $418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in ACN. Csenge Advisory Group purchased a new stake in shares of Accenture during the 3rd quarter worth $260,000. D Orazio & Associates Inc. acquired a new position in shares of Accenture during the 3rd quarter worth $492,000. 71 West Capital Partners lifted its stake in shares of Accenture by 49.7% in the third quarter. 71 West Capital Partners now owns 3,819 shares of the information technology services provider’s stock valued at $700,000 after purchasing an additional 1,268 shares during the period. Texas Bank & Trust Co boosted its holdings in Accenture by 0.7% during the third quarter. Texas Bank & Trust Co now owns 11,791 shares of the information technology services provider’s stock worth $2,162,000 after buying an additional 85 shares in the last quarter. Finally, Gryphon Financial Partners LLC acquired a new stake in shares of Accenture during the 3rd quarter valued at approximately $268,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

ACN has been the subject of several research analyst reports. Truist Financial raised their price objective on Accenture from $150.00 to $220.00 and gave the company a “hold” rating in a research note on Friday, October 2nd. Robert W. Baird lowered shares of Accenture from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from $245.00 to $252.00 in a research report on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Accenture from $136.00 to $175.00 and gave the company a “hold” rating in a research note on Friday, September 18th. Stifel Nicolaus set a $242.00 target price on shares of Accenture in a report on Thursday, October 15th. Finally, Susquehanna lifted their target price on shares of Accenture from $210.00 to $230.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. Ten analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $221.07.

Accenture Stock Performance

Accenture stock opened at $258.82 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a fifty day moving average of $213.02 and a two-hundred day moving average of $191.64. The company has a market capitalization of $152.97 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 1.95 and a beta of 1.01. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 was up 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $3.03 earnings per share. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, analysts anticipate that Accenture PLC will post 14.68 EPS for the current fiscal year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, October 13th will be paid a $1.71 dividend. This represents a $6.84 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a positive change from Accenture’s previous quarterly dividend of $1.63. Accenture’s dividend payout ratio is presently 50.44%.

Insider Buying and Selling

In other news, COO Catherine Hogan sold 1,320 shares of Accenture stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $200.00, for a total transaction of $264,000.00. Following the completion of the sale, the chief operating officer directly owned 12,556 shares in the company, valued at $2,511,200. The trade was a 9.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Atsushi Egawa sold 10,000 shares of Accenture stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $270.00, for a total transaction of $2,700,000.00. Following the sale, the chief executive officer owned 5,996 shares of the company’s stock, valued at approximately $1,618,920. This trade represents a 62.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,675 shares of company stock worth $4,747,563 in the last 90 days. 0.02% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Accenture

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

Accenture 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.