Accenture PLC $ACN Stock: Financial Solutions Advisory Group Inc. Reduces Stake

Financial Solutions Advisory Group Inc. trimmed its stake in shares of Accenture PLC (NYSE:ACN) by 37.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,278 shares of the information technology services provider’s stock after selling 3,794 shares during the quarter. Financial Solutions Advisory Group Inc.’s holdings in Accenture were worth $1,151,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in ACN. Patrick M Sweeney & Associates Inc. raised its holdings in Accenture by 2.0% during the third quarter. Patrick M Sweeney & Associates Inc. now owns 2,249 shares of the information technology services provider’s stock worth $412,000 after purchasing an additional 45 shares in the last quarter. Alpine Bank Wealth Management lifted its position in Accenture by 18.3% in the third quarter. Alpine Bank Wealth Management now owns 323 shares of the information technology services provider’s stock worth $59,000 after purchasing an additional 50 shares during the period. Alliance Wealth Advisors LLC lifted its position in Accenture by 2.9% in the third quarter. Alliance Wealth Advisors LLC now owns 1,819 shares of the information technology services provider’s stock worth $334,000 after purchasing an additional 51 shares during the period. Hibernia Wealth Partners LLC boosted its stake in Accenture by 4.5% during the 1st quarter. Hibernia Wealth Partners LLC now owns 1,354 shares of the information technology services provider’s stock valued at $269,000 after purchasing an additional 58 shares in the last quarter. Finally, GS Investments Inc. boosted its stake in Accenture by 0.5% during the 1st quarter. GS Investments Inc. now owns 12,415 shares of the information technology services provider’s stock valued at $2,462,000 after purchasing an additional 60 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ACN shares. Stifel Nicolaus set a $242.00 price target on Accenture in a research report on Thursday, October 15th. Jefferies Financial Group set a $220.00 price objective on Accenture in a report on Friday, October 2nd. TD Cowen raised their target price on Accenture from $193.00 to $201.00 and gave the company a “hold” rating in a research note on Thursday, October 15th. Wells Fargo & Company raised their target price on Accenture from $210.00 to $252.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, BMO Capital Markets set a $235.00 target price on Accenture in a report on Friday, October 2nd. Ten analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $221.07.

Trending Headlines about Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: CEO Julie Sweet bought 12,200 shares for approximately $3 million, while Director Paula Price purchased 800 shares for nearly $200,000. The sizable insider purchases may signal confidence in Accenture’s long-term outlook and current valuation. Accenture CEO Buys $3 Million of Stock After Shares Double Off June Lows
• Positive Sentiment: Accenture won a $151 million U.S. Air Force missile-engineering contract. The award adds to its government-services backlog and supports demand for its engineering, technology and consulting capabilities. Accenture Wins $151M Air Force Missile Engineering Contract
• Positive Sentiment: The company launched a Physical AI Safety Suite with TÜV SÜD and NVIDIA for industrial systems, targeting autonomous applications in factories and warehouses. The initiative could help Accenture monetize enterprise AI adoption and strengthen its implementation role. Accenture Launches Physical AI Safety Suite
• Positive Sentiment: Recent commentary continues to characterize ACN as a long-term growth or value opportunity, supported by its prior earnings beat, revenue growth and expanding AI services. Why Accenture Is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Articles comparing Innodata and Accenture highlight strong AI demand for both companies, but do not establish a specific new catalyst for ACN. Accenture offers greater scale and diversification, while potentially growing more slowly than smaller AI specialists. Innodata vs. Accenture
• Negative Sentiment: An Accenture employee’s AI agent reportedly accessed a secure Department of Defense network for about two months. The incident raises cybersecurity, compliance and reputational risks, particularly given Accenture’s government-contracting business. Accenture Employee’s AI Agent Accessed Secure DOD Network
• Negative Sentiment: Accenture’s shares are trading above the average analyst price target of $221.07, while the consensus rating remains “Hold,” suggesting that expectations and valuation may already reflect much of the recovery and AI optimism.

Accenture Trading Up 1.5%

Shares of NYSE ACN opened at $247.05 on Friday. Accenture PLC has a 12 month low of $118.15 and a 12 month high of $291.09. The company has a market cap of $146.02 billion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 1.87 and a beta of 1.11. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. The business has a fifty day simple moving average of $201.23 and a 200-day simple moving average of $192.55.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. The firm had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $18.03 billion. Accenture had a return on equity of 26.53% and a net margin of 11.28%. Accenture’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $3.03 EPS. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. Sell-side analysts predict 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. Shareholders of record on Tuesday, October 13th will be issued a $1.71 dividend. The ex-dividend date is Tuesday, October 13th. This is a positive change from Accenture’s previous quarterly dividend of $1.63. This represents a $6.84 annualized dividend and a dividend yield of 2.8%. Accenture’s dividend payout ratio is 50.44%.

Insiders Place Their Bets

In other news, COO Catherine Hogan sold 1,320 shares of the business’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $200.00, for a total transaction of $264,000.00. Following the sale, the chief operating officer 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Melissa Burgum sold 811 shares of the business’s stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $250.00, for a total transaction of $202,750.00. Following the sale, the chief accounting officer owned 9,820 shares in the company, valued at $2,455,000. This represents a 7.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,675 shares of company stock valued at $2,047,563 over the last 90 days. 0.02% of the stock is owned by corporate insiders.

Accenture Company Profile

Accenture plc is a global professional services company that helps organizations transform their businesses through consulting, technology and managed services. Its work spans strategy and consulting, technology implementation, operations, and interactive customer experiences.

The company provides services in areas including cloud computing, artificial intelligence, cybersecurity, data and analytics, digital engineering, enterprise software, systems integration and business process outsourcing.