11,873 Accenture PLC $ACN Shares Acquired by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC grew its position in shares of Accenture PLC (NYSE:ACN) by 11.2% in the 3rd quarter, Holdings Channel reports. The firm owned 117,589 shares of the information technology services provider’s stock after acquiring an additional 11,873 shares during the quarter. Accenture accounts for about 1.5% of Euro Pacific Asset Management LLC’s portfolio, making the stock its 20th largest holding. Euro Pacific Asset Management LLC’s holdings in Accenture were worth $21,562,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Regent Peak Wealth Advisors LLC boosted its position in shares of Accenture by 10.4% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 74,187 shares of the information technology services provider’s stock valued at $9,232,000 after purchasing an additional 7,018 shares in the last quarter. Carnegie Investment Counsel increased its holdings in Accenture by 63.5% in the third quarter. Carnegie Investment Counsel now owns 26,565 shares of the information technology services provider’s stock worth $4,871,000 after purchasing an additional 10,322 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in Accenture by 72.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 19,455 shares of the information technology services provider’s stock worth $2,421,000 after purchasing an additional 8,169 shares in the last quarter. Dearborn Partners LLC acquired a new position in Accenture in the second quarter valued at approximately $25,108,000. Finally, Bright Rock Capital Management LLC acquired a new position in Accenture in the second quarter valued at approximately $7,466,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Down 0.1%

NYSE ACN opened at $260.36 on Monday. The company has a quick ratio of 1.43, 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 business has a 50 day moving average price of $210.35 and a 200-day moving average price of $191.91. The company has a market cap of $153.89 billion, a price-to-earnings ratio of 19.20, a P/E/G ratio of 2.00 and a beta of 1.01.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The company had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $18.03 billion. During the same period last year, the business earned $3.03 EPS. Accenture’s quarterly revenue 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, equities analysts expect that Accenture PLC will post 14.68 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be issued a dividend of $1.71 per share. 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 yield of 2.6%. Accenture’s dividend payout ratio is currently 50.44%.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture and Mondel?z International are applying agentic AI to redesign Mondel?z’s global order-to-cash operations, including ordering, invoicing and collections. The project showcases demand for Accenture’s AI services, though no contract value or expected revenue was disclosed. Accenture expands AI work with a major consumer goods customer
• Positive Sentiment: A valuation analysis says ACN trades at about 18 times forward earnings, below its 10-year average of 24 times, even after a strong recent rally. That could appeal to investors who see room for the valuation to recover. Accenture’s valuation analysis
• Neutral Sentiment: CEO Atsushi Egawa sold 10,000 shares for $2.7 million, reducing his direct holdings by about 62.5%. The sale was made under a pre-arranged Rule 10b5-1 plan, so it is not necessarily a signal about his outlook for the company. Accenture CEO share sale
• Negative Sentiment: Accenture fell even as the market rose, indicating relative weakness in the session. The report describes the decline but does not point to a specific company catalyst. Accenture stock underperforms as the market gains

Analysts Set New Price Targets

A number of research firms have issued reports on ACN. Mizuho increased their price target on Accenture from $226.00 to $241.00 and gave the stock an “outperform” rating in a report on Tuesday, October 6th. BMO Capital Markets set a $235.00 price objective on shares of Accenture in a research note on Friday, October 2nd. JPMorgan Chase & Co. boosted their target price on shares of Accenture from $179.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, September 25th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Accenture from $136.00 to $175.00 and gave the stock a “hold” rating in a research note on Friday, September 18th. Finally, TD Cowen raised their price target on shares of Accenture from $193.00 to $201.00 and gave the stock a “hold” rating in a report on Thursday, October 15th. Ten investment analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Accenture has a consensus rating of “Hold” and a consensus price target of $221.07.

Insider Transactions at Accenture

In other news, CAO Melissa A. Burgum sold 811 shares of the business’s stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $250.00, for a total transaction of $202,750.00. Following the completion of the sale, the chief accounting officer directly owned 9,820 shares of the company’s stock, valued at $2,455,000. The trade was a 7.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Julie Sweet bought 12,200 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was acquired at an average price of $245.99 per share, for a total transaction of $3,001,078.00. Following the acquisition, the chief executive officer directly owned 48,910 shares in the company, valued at $12,031,370.90. The trade was a 33.23% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders sold 18,675 shares of company stock valued at $4,747,563. Corporate insiders own 0.02% of the company’s stock.

Accenture Company 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.

Accenture traces its roots to the consulting business of accounting firm Arthur Andersen.