Neumann Capital Management LLC Purchases New Holdings in Accenture PLC $ACN

Neumann Capital Management LLC acquired a new position in Accenture PLC (NYSE:ACN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,912 shares of the information technology services provider’s stock, valued at approximately $1,267,000.

Several other large investors have also added to or reduced their stakes in the business. Dogwood Wealth Management LLC grew its position in Accenture by 147.1% in the second quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 128 shares in the last quarter. IMG Wealth Management Inc. increased its stake in Accenture by 134.8% in the 1st quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock valued at $31,000 after buying an additional 89 shares during the last quarter. Arlington Trust Co LLC lifted its position in Accenture by 110.4% during the 2nd quarter. Arlington Trust Co LLC now owns 284 shares of the information technology services provider’s stock worth $35,000 after buying an additional 149 shares in the last quarter. S&G Foundation bought a new stake in Accenture during the 2nd quarter worth about $37,000. Finally, Whipplewood Advisors LLC lifted its position in Accenture by 57.9% during the 1st quarter. Whipplewood Advisors LLC now owns 210 shares of the information technology services provider’s stock worth $42,000 after buying an additional 77 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Stock Performance

NYSE ACN opened at $224.84 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.34 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average price is $188.31 and its two-hundred day moving average price is $174.15. Accenture PLC has a 1 year low of $118.15 and a 1 year high of $291.09. The firm has a market capitalization of $150.15 billion, a P/E ratio of 16.58, a price-to-earnings-growth ratio of 1.77 and a beta of 1.11.

Accenture (NYSE:ACN) last announced its quarterly earnings results 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 net margin of 11.28% and a return on equity of 26.53%. The firm had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $18.03 billion. During the same quarter last year, the company posted $3.03 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. As a group, research analysts anticipate that Accenture PLC will post 14.68 EPS for the current year.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Tuesday, October 13th will be issued a $1.71 dividend. This represents a $6.84 dividend on an annualized basis and a dividend yield of 3.0%. 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 payout ratio is currently 50.44%.

Accenture declared that its board has authorized a share repurchase program on Tuesday, June 23rd that allows the company to buy back $2.00 billion in shares. This buyback authorization allows the information technology services provider to repurchase up to 2.4% of its stock through open market purchases. Share buyback programs are often a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

ACN has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on Accenture from $136.00 to $175.00 and gave the company a “hold” rating in a report on Friday, September 18th. TD Cowen upped their target price on Accenture from $193.00 to $201.00 and gave the stock a “hold” rating in a report on Thursday. DA Davidson dropped their target price on Accenture from $275.00 to $175.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Truist Financial increased their price target on Accenture from $150.00 to $220.00 and gave the company a “hold” rating in a research report on Friday, October 2nd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Accenture in a research note on Tuesday, October 6th. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $219.26.

Insider Activity

In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the transaction, the general counsel owned 17,735 shares of the company’s stock, valued at $2,890,450.30. The trade was a 37.18% decrease in their ownership of the stock. The sale was disclosed in a 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. Also, COO Catherine Hogan sold 700 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $214.24, for a total value of $149,968.00. Following the completion of the sale, the chief operating officer owned 11,856 shares in the company, valued at $2,540,029.44. This represents a 5.58% decrease in their position. 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 a total of 12,518 shares of company stock valued at $2,124,932 over the last quarter. 0.02% of the stock is currently owned by company insiders.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture outlined a three-year framework targeting at least mid-single-digit revenue growth, with potential acceleration through fiscal 2029. RBC said artificial intelligence is becoming a net demand driver, supporting expectations for stronger consulting and technology-services bookings. Accenture Sees AI as Net Demand Driver
• Positive Sentiment: Expanded alliances with Dell Technologies, Workday and Anthropic, along with the acquisition of Sagacity Solutions, reinforce Accenture’s strategy of helping enterprises deploy agentic AI, private AI infrastructure and AI-powered customer analytics. These initiatives could increase demand for consulting, implementation and managed services. Accenture AI Deals and Dividend Hike
• Positive Sentiment: Accenture raised its quarterly dividend to $1.71 per share from $1.63, equivalent to an annualized $6.84 payout and an approximately 3.2% yield. The company also has an authorized $2 billion share-repurchase program, improving shareholder returns and signaling confidence in the valuation.
• Positive Sentiment: The company’s latest quarterly results exceeded estimates, with earnings of $3.29 per share and revenue of $18.68 billion, up 6.2% year over year. Strong cash flow, bookings and a relatively modest valuation remain additional supports for the stock.
• Neutral Sentiment: Susquehanna raised its price target to $230 from $210 but kept a neutral rating. TD Cowen also lifted its target, to $201 from $193, while retaining a hold rating. The mixed recommendations suggest analysts see improved prospects but limited near-term upside after the rally. Accenture Trending Stock Analysis
• Negative Sentiment: Investors remain concerned that cautious client spending, pricing pressure, acquisition dependence and execution risk could limit growth. Some commentary also argues that the recent rally has outpaced Accenture’s underlying fundamentals.
• Negative Sentiment: COO Catherine Hogan sold 700 shares under a pre-arranged Rule 10b5-1 plan. The transaction was relatively small and planned in advance, but it may modestly weigh on sentiment. Accenture Insider Transaction

Accenture Profile

Accenture plc (NYSE: ACN) is a global professional services company that helps organizations improve performance, modernize operations and respond to technological and market changes. Its services span strategy and consulting, technology, operations, and managed services, with expertise across industries including communications, financial services, health care, public service, retail, manufacturing and resources.

The company provides digital transformation, cloud migration, data and artificial intelligence, cybersecurity, systems integration and technology implementation services.