Alecta Tjanstepension Omsesidigt Grows Position in Accenture PLC $ACN

Alecta Tjanstepension Omsesidigt raised its position in Accenture PLC (NYSE:ACN) by 13.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 630,000 shares of the information technology services provider’s stock after buying an additional 74,000 shares during the quarter. Alecta Tjanstepension Omsesidigt owned approximately 0.10% of Accenture worth $155,371,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Investors Research Corp grew its position in Accenture by 73.8% during 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 last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of Accenture during the third quarter worth about $26,000. Davis Capital Management purchased a new position in shares of Accenture during the third quarter worth about $28,000. Finally, Elevation Wealth Partners LLC grew its holdings in shares of 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 buying an additional 73 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture’s history of topping estimates and the view that it has the key drivers to beat again supports upside expectations into earnings. Will Accenture (ACN) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Strategic AI partnerships (Databricks; a forward‑deployed engineering strategy with Microsoft) bolster Accenture’s revenue pipeline in high‑growth GenAI services and validate long‑term demand for its enterprise AI work. Accenture, Databricks Enable Enterprise Adoption of AI Apps and Agents Accenture and Microsoft form forward deployed engineering strategy to deliver enterprise AI
• Positive Sentiment: Accenture is part of an expanded RELEX / Lowe’s supply‑chain modernization engagement, reinforcing its role on large retail transformation projects. RELEX Solutions Announces Expanded Partnership with Lowe’s to Strengthen Their Supply Chain Agility
• Positive Sentiment: A modest institutional buy (Achmea increased its position) is a small vote of confidence from a long‑term investor. Achmea Investment Management B.V. Increases Stock Position in Accenture PLC $ACN
• Neutral Sentiment: Pre‑earnings previews and coverage highlight what to watch (bookings, margins, guidance) but add information rather than a clear directional catalyst. Accenture (ACN) Q1 Earnings Report Preview: What To Look For
• Neutral Sentiment: Analysis noting Accenture’s cheaper valuation versus historical highs but flagging talent‑cost pressure and weak recent price performance creates mixed buy/sell signals. Is Accenture’s Cheap Valuation Reason Enough to Invest in the Stock?
• Negative Sentiment: TD Cowen trimmed its price target (to $275), signaling less upside from current levels and pressuring near‑term sentiment. TD Cowen Cuts PT on Accenture plc (ACN) to $275 From $282 – Here’s Why
• Negative Sentiment: Morgan Stanley lowered its price target substantially (to $240) and highlighted weakening bookings and a talent mix shift — comments that weigh on expectations ahead of the print. Morgan Stanley Updates Accenture (ACN) View on Weak Bookings and Talent Shift
• Negative Sentiment: Market commentary warns traders expect a large post‑earnings move — some expect downside risk that could push the stock toward multi‑year lows if results disappoint. Here’s How Much Accenture Stock Is Expected to Move After Earnings

Analyst Ratings Changes

Several analysts have commented on ACN shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Accenture from $280.00 to $230.00 and set a “hold” rating for the company in a research note on Friday, March 6th. Citigroup dropped their target price on Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Truist Financial cut their price target on Accenture from $317.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Guggenheim lowered their price objective on shares of Accenture from $305.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, March 11th. Finally, Evercore reissued an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Eighteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $286.19.

Insider Activity

In other news, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the completion of the transaction, the general counsel owned 28,207 shares in the company, valued at $7,756,925. This trade represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Melissa A. Burgum sold 3,588 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the sale, the chief accounting officer owned 8,179 shares in the company, valued at $2,298,380.79. This represents a 30.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 22,088 shares of company stock valued at $5,970,434 in the last 90 days. Insiders own 0.02% of the company’s stock.

Accenture Trading Down 2.0%

Shares of ACN opened at $194.77 on Thursday. Accenture PLC has a twelve month low of $188.73 and a twelve month high of $326.73. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $119.90 billion, a P/E ratio of 16.10, a PEG ratio of 1.88 and a beta of 1.27. The firm’s 50-day moving average is $237.56 and its two-hundred day moving average is $247.47.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The company had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $3.59 EPS. On average, research analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

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.