Allworth Financial LP Has $5.86 Million Stock Holdings in Accenture PLC $ACN

Allworth Financial LP boosted its stake in Accenture PLC (NYSE:ACNFree Report) by 12.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,767 shares of the information technology services provider’s stock after purchasing an additional 2,625 shares during the period. Allworth Financial LP’s holdings in Accenture were worth $5,861,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Investors Research Corp lifted its holdings 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 buying an additional 45 shares during the period. Harbor Capital Advisors Inc. lifted its position in shares of Accenture by 132.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 61 shares during the period. Triumph Capital Management bought a new stake in shares of Accenture in the 3rd quarter valued at $26,000. Davis Capital Management acquired a new stake in shares of Accenture during the third quarter worth $28,000. Finally, Elevation Wealth Partners LLC raised 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 buying an additional 73 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on ACN shares. Wells Fargo & Company upped their price target on shares of Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Evercore reissued an “outperform” rating and issued a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Rothschild & Co Redburn raised their target price on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Susquehanna lifted their target price on Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, JPMorgan Chase & Co. increased their price target on Accenture from $243.00 to $247.00 and gave the stock an “overweight” rating in a report on Friday. Eighteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and an average target price of $276.00.

Check Out Our Latest Stock Report on ACN

Insider Activity at Accenture

In related news, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total value of $786,883.03. Following the completion of the sale, the insider owned 7,057 shares in the company, valued at $2,033,333.41. The trade was a 27.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO John F. Walsh sold 3,986 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. The trade was a 12.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,088 shares of company stock worth $5,970,434 in the last quarter. 0.02% of the stock is owned by company insiders.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

  • Positive Sentiment: Q2 beat and record bookings — Accenture reported EPS and revenue above expectations and said bookings remain strong, driven by AI and cloud demand; that underpins longer-term growth potential. BusinessWire: Q2 Results
  • Positive Sentiment: Strategic partnerships and product wins — New collaborations (notably with Microsoft on agentic security) and ongoing AI initiatives support deal pipeline and cross-sell opportunities. BusinessWire: Microsoft Collaboration
  • Positive Sentiment: Shareholder returns — Board announced a quarterly dividend (ex-dividend April 9) reinforcing cash return policy and yielding ~3.2%, which can support investor demand for the stock.
  • Neutral Sentiment: Selective analyst upgrades — HSBC moved to “hold” with a $220 target and a few firms maintain outperform/buy ratings even as they trim targets; sentiment among sell‑side analysts is mixed. Finviz: HSBC Upgrade
  • Negative Sentiment: Multiple price-target cuts — Several brokers trimmed targets (BMO to $230, RBC to $253, Guggenheim to $250, Robert W. Baird to $265) after the quarter, increasing near‑term downside perception despite differing ratings. Benzinga: Analyst Moves TickerReport
  • Negative Sentiment: Cautious revenue outlook — Management’s near-term revenue guidance came in below some Street expectations and the company warned of client caution on large IT transformation spending, which is the key driver of today’s weakness. Reuters: Revenue Forecast
  • Negative Sentiment: Analyst downward revisions and stock reaction — Several analysts cut earnings/forecasts after the print and the stock is declining on higher-than-normal volume, reflecting profit‑taking and concern about near‑term execution and AI disruption risks. Benzinga: Forecast Cuts

Accenture Price Performance

Shares of NYSE:ACN opened at $200.41 on Friday. The company’s fifty day moving average price is $234.38 and its 200-day moving average price is $246.75. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.41. The firm has a market capitalization of $123.38 billion, a price-to-earnings ratio of 16.41, a PEG ratio of 1.93 and a beta of 1.27. Accenture PLC has a one year low of $187.00 and a one year high of $325.71.

Accenture (NYSE:ACNGet Free Report) last announced its earnings results on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.09. The company had revenue of $18.04 billion during the quarter, compared to analyst estimates of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.82 earnings per share. On average, equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be given a dividend of $1.63 per share. The ex-dividend date is Thursday, April 9th. This represents a $6.52 annualized dividend and a dividend yield of 3.3%. Accenture’s dividend payout ratio is 53.88%.

Accenture Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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