Deutsche Bank Aktiengesellschaft Lowers Accenture (NYSE:ACN) Price Target to $235.00

Accenture (NYSE:ACN) had its price objective decreased by equities research analysts at Deutsche Bank Aktiengesellschaft from $260.00 to $235.00 in a research report issued on Friday,MarketScreener reports. The firm presently has a “hold” rating on the information technology services provider’s stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential downside of 1.85% from the stock’s current price.

A number of other equities research analysts also recently commented on ACN. HSBC reduced their target price on Accenture from $240.00 to $215.00 in a research report on Friday. Rothschild Redb cut shares of Accenture from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. dropped their price target on shares of Accenture from $302.00 to $290.00 and set an “overweight” rating for the company in a research report on Friday. Stifel Nicolaus decreased their price objective on shares of Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a report on Tuesday, September 16th. Finally, BMO Capital Markets dropped their target price on shares of Accenture from $325.00 to $270.00 and set a “market perform” rating for the company in a report on Friday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $301.91.

Accenture Trading Up 3.0%

Shares of ACN stock opened at $239.43 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. Accenture has a twelve month low of $229.40 and a twelve month high of $398.35. The company’s 50-day moving average price is $253.43 and its 200-day moving average price is $286.02. The stock has a market cap of $149.96 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 2.05 and a beta of 1.29.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. The company had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. Accenture’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities analysts predict that Accenture will post 12.73 earnings per share for the current year.

Insider Activity at Accenture

In related news, insider Angela Beatty sold 203 shares of the business’s stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the completion of the transaction, the insider directly owned 5,249 shares of the company’s stock, valued at $1,482,002.66. The trade was a 3.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Julie Spellman Sweet sold 2,251 shares of Accenture stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the transaction, the chief executive officer owned 8,109 shares of the company’s stock, valued at $2,290,387.05. The trade was a 21.73% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,954 shares of company stock worth $834,280. Company insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Accenture

A number of institutional investors and hedge funds have recently modified their holdings of the company. Caldwell Trust Co acquired a new stake in Accenture in the second quarter valued at $2,952,000. Valeo Financial Advisors LLC increased its holdings in shares of Accenture by 5.8% in the 2nd quarter. Valeo Financial Advisors LLC now owns 8,665 shares of the information technology services provider’s stock valued at $2,590,000 after acquiring an additional 474 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Accenture by 41.7% during the 2nd quarter. Osaic Holdings Inc. now owns 101,585 shares of the information technology services provider’s stock worth $30,650,000 after acquiring an additional 29,914 shares in the last quarter. Total Investment Management Inc. purchased a new stake in Accenture during the second quarter worth approximately $50,000. Finally, MASTERINVEST Kapitalanlage GmbH purchased a new position in Accenture in the second quarter valued at approximately $1,244,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.