Cim Investment Management Inc. cut its position in shares of Accenture PLC (NYSE:ACN – Free Report) by 39.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,541 shares of the information technology services provider’s stock after selling 2,932 shares during the period. Cim Investment Management Inc.’s holdings in Accenture were worth $1,120,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Investors Research Corp raised its stake in shares of Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of 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 acquiring an additional 61 shares in the last quarter. Triumph Capital Management bought a new stake in Accenture in the third quarter valued at about $26,000. Davis Capital Management acquired a new position in Accenture in the third quarter worth about $28,000. Finally, Elevation Wealth Partners LLC lifted its stake in Accenture by 146.0% during the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares during the period. 75.14% of the stock is owned by institutional investors.
Accenture Stock Down 0.3%
Shares of ACN opened at $198.73 on Wednesday. The firm has a market cap of $122.34 billion, a P/E ratio of 16.42, a price-to-earnings-growth ratio of 1.89 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $326.73. The firm’s 50-day simple moving average is $239.14 and its 200 day simple moving average is $247.84.
Accenture Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th were paid a $1.63 dividend. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 3.3%. Accenture’s dividend payout ratio (DPR) is presently 53.88%.
Insider Buying and Selling at Accenture
In other news, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the sale, the chief executive officer directly owned 27,221 shares in the company, valued at approximately $7,523,339.98. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Catherine Kiernan Hogan sold 660 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $280.93, for a total transaction of $185,413.80. Following the completion of the sale, the chief operating officer owned 12,688 shares in the company, valued at $3,564,439.84. This represents a 4.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 22,088 shares of company stock worth $5,970,434 over the last quarter. 0.02% of the stock is currently owned by company insiders.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture and Databricks announced a partnership to accelerate enterprise adoption of AI applications and agents at scale — a strategic tie-up that can drive higher‑margin AI services and platform initiatives. Accenture and Databricks Accelerate Enterprise Adoption of AI Applications and Agents at Scale
- Positive Sentiment: Accenture completed the acquisition of UK AI firm Faculty and named its CEO Dr. Marc Warner as Accenture CTO — a capability‑building move that strengthens the company’s AI bench and go‑to‑market for advanced AI services. Accenture Completes Acquisition of Faculty
- Positive Sentiment: Accenture inked a six‑year partnership as Official Business & Technology Consulting Partner of The R&A (golf), which supports brand, commercial and industry visibility — a modest but positive commercial win. Accenture Named Official Partner of Leading Golf Governing Body, The R&A
- Neutral Sentiment: Wall Street previews and earnings previews point to continued revenue and EPS growth in fiscal Q2 (y/y revenue seen rising ~6–7%), making the upcoming results a key near‑term catalyst. Accenture Set to Report Q2 Earnings: Here’s What You Should Know
- Neutral Sentiment: Analyst models and metric previews (Zacks/Yahoo) provide detail on bookings, margins and headcount trends investors will focus on in Q2 — these data points will drive sentiment more than headlines. Insights Into Accenture (ACN) Q2: Wall Street Projections for Key Metrics
- Neutral Sentiment: Morgan Stanley flagged that Accenture might raise the low end of its 2026 revenue outlook despite mixed demand — a signal that management could tweak guidance, which would influence near‑term expectations. Accenture May Raise Low End of 2026 Revenue Outlook Despite Weak Demand, Morgan Stanley Says
- Negative Sentiment: Morgan Stanley cut its price target on ACN from $320 to $240 while keeping an Overweight rating, citing weaker bookings and a talent shift — the PT cut reduces upside expectations and likely pressured the stock. Morgan Stanley Updates Accenture (ACN) View on Weak Bookings and Talent Shift
- Negative Sentiment: Analyst commentary and a Zacks piece note that while ACN looks cheaper on valuation and is doubling down on GenAI, weak recent price performance and rising talent costs create investor uncertainty about near‑term returns. Is Accenture’s Cheap Valuation Reason Enough to Invest in the Stock?
Wall Street Analyst Weigh In
ACN has been the topic of several analyst reports. Royal Bank Of Canada set a $300.00 price objective on Accenture in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft decreased their price target on Accenture from $280.00 to $230.00 and set a “hold” rating on the stock in a research note on Friday, March 6th. Evercore reiterated an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. TD Cowen cut their price objective on Accenture from $282.00 to $275.00 and set a “buy” rating for the company in a report on Monday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Accenture in a report on Thursday, December 18th. Eighteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $286.19.
Get Our Latest Report on Accenture
Accenture Company 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.
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