Accenture PLC $ACN Stock Position Lowered by Curated Wealth Partners LLC

Curated Wealth Partners LLC cut its stake in shares of Accenture PLC (NYSE:ACN) by 90.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,335 shares of the information technology services provider’s stock after selling 51,674 shares during the quarter. Curated Wealth Partners LLC’s holdings in Accenture were worth $978,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WealthPlan Investment Management LLC purchased a new position in Accenture during the third quarter worth about $227,000. Howard Financial Services LTD. acquired a new stake in Accenture in the third quarter valued at about $442,000. Mather Group LLC. lifted its position in Accenture by 8.0% in the third quarter. Mather Group LLC. now owns 16,833 shares of the information technology services provider’s stock valued at $3,087,000 after purchasing an additional 1,250 shares during the period. First Pacific Financial boosted its holdings in Accenture by 2.4% in the 3rd quarter. First Pacific Financial now owns 3,357 shares of the information technology services provider’s stock valued at $616,000 after purchasing an additional 80 shares in the last quarter. Finally, Fortitude Family Office LLC boosted its holdings in Accenture by 320.0% in the 3rd quarter. Fortitude Family Office LLC now owns 231 shares of the information technology services provider’s stock valued at $42,000 after purchasing an additional 176 shares in the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Stock Up 4.6%

Shares of NYSE ACN opened at $224.84 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. Accenture PLC has a 52 week low of $118.15 and a 52 week high of $291.09. The firm has a 50-day moving average price of $188.31 and a 200 day moving average price of $174.15. The stock has a market capitalization of $150.15 billion, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 1.77 and a beta of 1.11.

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, topping 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 for the quarter, compared to the consensus estimate of $18.03 billion. During the same quarter in the previous year, the firm earned $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 anticipate that Accenture PLC will post 14.68 EPS for the current fiscal year.

Accenture Increases Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Tuesday, October 13th. This is a positive change from Accenture’s previous quarterly dividend of $1.63. Accenture’s payout ratio is 50.44%.

Accenture announced that its board has authorized a stock buyback plan on Tuesday, June 23rd that permits the company to buy back $2.00 billion in outstanding shares. This repurchase authorization permits the information technology services provider to repurchase up to 2.4% of its shares through open market purchases. Share repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Guggenheim reiterated a “neutral” rating on shares of Accenture in a research report on Friday, October 2nd. Jefferies Financial Group set a $220.00 price target on Accenture in a report on Friday, October 2nd. Dbs Bank downgraded Accenture from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. upped their price objective on Accenture from $179.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, September 25th. Finally, BNP Paribas Exane cut their price objective on Accenture from $180.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, June 26th. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Accenture has a consensus rating of “Hold” and an average target price of $219.26.

Insider Activity at Accenture

In other 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 sale, 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 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. Also, COO Catherine Hogan sold 700 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The stock was 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 approximately $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 have sold a total of 12,518 shares of company stock worth $2,124,932 in the last three months. Corporate insiders own 0.02% of the company’s stock.

Key Accenture News

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.