Deprince Race & Zollo Inc. increased its position in Accenture PLC (NYSE:ACN – Free Report) by 19.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,508 shares of the information technology services provider’s stock after acquiring an additional 20,228 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Accenture were worth $24,490,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of ACN. Board of the Pension Protection Fund bought a new position in Accenture in the 4th quarter worth about $27,000. Laurel Wealth Advisors LLC bought a new position in shares of Accenture during the 4th quarter valued at about $27,000. McMillan Office Inc. purchased a new position in shares of Accenture during the 4th quarter valued at about $27,000. University of Texas Texas AM Investment Management Co. bought a new stake in Accenture in the 4th quarter worth approximately $27,000. Finally, Triumph Capital Management bought a new position in Accenture during the third quarter valued at approximately $26,000. Institutional investors own 75.14% of the company’s stock.
Accenture Trading Up 5.2%
NYSE:ACN opened at $130.96 on Thursday. The company has a 50-day moving average price of $166.50 and a 200-day moving average price of $210.09. Accenture PLC has a 12 month low of $118.15 and a 12 month high of $307.77. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. The stock has a market cap of $87.46 billion, a price-to-earnings ratio of 10.46, a P/E/G ratio of 1.23 and a beta of 1.14.
Accenture declared that its board has initiated a stock buyback plan on Tuesday, June 23rd that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the information technology services provider to purchase up to 2.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board believes its shares are undervalued.
Accenture Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be given a $1.63 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.0%. Accenture’s dividend payout ratio is currently 52.08%.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture was named an inaugural AI Specialization partner by NiCE, reinforcing its push to move from AI hype to real enterprise deployments and strengthening its positioning in AI services. Accenture (ACN) Lands NiCE AI Partner Recognition As Its Enterprise Push Expands
- Positive Sentiment: Several recent articles highlighted Accenture’s compressed valuation, strong cash generation, dividend profile, and buyback support, which may be encouraging investors looking for a cheaper entry point in a high-quality services name. Top 25 High-Growth Dividend Stocks For July 2026
- Positive Sentiment: TD Cowen raised its price target on Accenture to $151 from $150 while keeping a Hold rating, signaling slightly improved expectations tied to a higher share-repurchase outlook. Is Accenture (ACN) One of the Most Promising Future Stocks to Buy Right Now?
- Neutral Sentiment: Investors are also focused on the Q3 2026 earnings call transcript, which could provide more color on demand trends, AI-related bookings, and management’s outlook. Accenture Q3 2026 Earnings Call: Complete Transcript
- Negative Sentiment: Despite the recent rebound in interest, some commentary still frames Accenture as a deep drawdown story facing AI-driven disruption concerns, which keeps sentiment cautious and may limit upside until growth reaccelerates. Accenture: One Of The Most Attractive Valuations I Have Ever Seen
Insider Activity
In related news, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at $2,267,746.28. This trade represents a 27.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on ACN. Stifel Nicolaus cut their price objective on shares of Accenture from $315.00 to $270.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. BNP Paribas Exane reduced their price objective on Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, June 26th. Berenberg Bank lowered their target price on Accenture from $273.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday, June 17th. Jefferies Financial Group reduced their price target on Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a research report on Monday, June 15th. Finally, Royal Bank Of Canada lowered their price objective on Accenture from $253.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, June 22nd. Twelve analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $195.00.
Get Our Latest Stock Report on Accenture
Accenture Company Profile
Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.
The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.
Recommended Stories
- Five stocks we like better than Accenture
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Accenture PLC (NYSE:ACN – Free Report).
Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.
