Accenture PLC $ACN Stake Trimmed by Ameriprise Financial Inc.

Ameriprise Financial Inc. cut its position in shares of Accenture PLC (NYSE:ACN) by 42.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,912,319 shares of the information technology services provider’s stock after selling 2,158,227 shares during the quarter. Ameriprise Financial Inc. owned 0.44% of Accenture worth $717,927,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Investors Research Corp boosted its stake in Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares during the period. Harbor Capital Advisors Inc. raised its stake in Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 61 shares during the period. Davis Capital Management purchased a new stake in shares of Accenture in the third quarter valued at $28,000. Elevation Wealth Partners LLC boosted its position in shares of Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after buying an additional 73 shares during the period. Finally, Heartwood Wealth Advisors LLC purchased a new position in shares of Accenture during the third quarter valued at $32,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Udacity (part of Accenture) launched an accredited MBA program aimed at training AI product leaders — a revenue/brand-positive move that strengthens Accenture’s talent pipeline and positioning in AI services. Udacity, Part of Accenture, Launches Accredited MBA to Train the Next Generation of AI Product Leaders
• Positive Sentiment: Investor research argues Accenture is well-placed to benefit from AI implementation contracts, highlighting upside from rising enterprise AI spend — a bullish narrative for medium-term revenue growth. Accenture (ACN) is Poised to Benefit from AI Implementation Contracts
• Positive Sentiment: Accenture expanded its Google Cloud partnership to help clients strengthen cloud security — a direct revenue-opportunity in managed security and cloud transformation services. Accenture Helps Organizations Strengthen Cloud Security with Google Cloud
• Positive Sentiment: A Seeking Alpha piece argues Accenture may be undervalued after prior overvaluation, presenting a valuation-based bullish case for long-term investors. Accenture: Undervalued After Years Of Overvaluation
• Neutral Sentiment: Zacks previews Accenture’s upcoming earnings and suggests the company may not have the setup for an earnings beat, signaling investor caution into the report. Accenture (ACN) Earnings Expected to Grow: Should You Buy?
• Neutral Sentiment: Reminder: Accenture is projected to post quarterly earnings this week, a scheduled catalyst that could swing the stock depending on guidance and margins. Accenture (ACN) Projected to Post Earnings on Thursday
• Negative Sentiment: Truist cut its price target on ACN to $260 (from $317) and warned of pressure on long-term estimates after its enterprise-AI checks — the downgrade dampens sentiment despite a maintained Buy rating. Truist Financial Cuts Accenture (NYSE:ACN) Price Target to $260.00 Truist Lowers Accenture (ACN) Target to $260, Warns of Pressure on Long-Term Estimates
• Negative Sentiment: Guggenheim lowered its price target on Accenture to $275, adding to analyst-driven downward pressure on the stock in the run-up to earnings. Guggenheim Lowers Accenture (NYSE:ACN) Price Target to $275.00

Insider Buying and Selling at Accenture

In other news, General Counsel Joel Unruch sold 1,332 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the completion of the sale, the general counsel directly owned 28,207 shares in the company, valued at approximately $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,088 shares of company stock worth $5,970,434 in the last 90 days. Company insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ACN. Guggenheim reduced their price objective on Accenture from $305.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, March 11th. BMO Capital Markets reissued a “market perform” rating and issued a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price target on shares of Accenture in a report on Thursday, December 18th. Royal Bank Of Canada set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Finally, Piper Sandler set a $282.00 target price on shares of Accenture in a research report on Thursday, March 5th. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $288.35.

Accenture Stock Performance

ACN stock opened at $196.41 on Monday. The firm has a 50 day moving average of $241.97 and a two-hundred day moving average of $248.67. Accenture PLC has a 12 month low of $188.73 and a 12 month high of $326.73. The company has a market capitalization of $120.91 billion, a price-to-earnings ratio of 16.23, a P/E/G ratio of 1.87 and a beta of 1.28. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. Accenture’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio is 53.88%.

Accenture Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.