180 Wealth Advisors LLC Raises Stake in Accenture PLC $ACN

180 Wealth Advisors LLC boosted its stake in shares of Accenture PLC (NYSE:ACN) by 343.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,471 shares of the information technology services provider’s stock after acquiring an additional 3,463 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Accenture were worth $1,200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Running Oak Capital LLC increased its holdings in Accenture by 14.3% in the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock valued at $14,190,000 after buying an additional 7,190 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Accenture during the 2nd quarter worth approximately $2,658,000. Weitz Investment Management Inc. grew its holdings in shares of Accenture by 28.8% in the 3rd quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock worth $39,592,000 after acquiring an additional 35,900 shares during the period. Norges Bank purchased a new position in Accenture in the 2nd quarter valued at approximately $2,216,850,000. Finally, D.A. Davidson & CO. raised its holdings in Accenture by 17.4% during the third quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after purchasing an additional 38,325 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: HSBC upgraded Accenture, which can help investor sentiment and support the stock. Article Title
• Positive Sentiment: Accenture announced an investment in DaVinci Commerce to advance agentic AI-powered shopping — a strategic move that reinforces Accenture’s push into AI-driven commerce and could boost long‑term revenue opportunities in digital/AI services. Article Title
• Positive Sentiment: An unspecified analyst/firm raised a price target to $247, providing some upward support amid other cuts. Article Title
• Neutral Sentiment: Mizuho cut its price target from $309 to $280 but maintained an “outperform” rating — a mixed signal: the lower target trims upside expectations, but the continued outperform rating is supportive. Article Title
• Negative Sentiment: Guggenheim reduced its price target to $250, which contributes to downward pressure on the stock. Article Title
• Negative Sentiment: RBC trimmed its price target to $253, another analyst cut weighing on sentiment. Article Title
• Negative Sentiment: BMO Capital Markets lowered its price target to $230, adding further downward pressure. Article Title
• Negative Sentiment: Robert W. Baird cut its price target to $265, another incremental hit to analyst consensus targets. Article Title

Insider Activity at Accenture

In other Accenture news, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $281.01, for a total value of $1,008,263.88. Following the sale, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at approximately $2,298,380.79. This trade represents a 30.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Julie Spellman Sweet sold 6,057 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the transaction, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at approximately $3,679,963.65. This represents a 28.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 22,088 shares of company stock worth $5,970,434. Company insiders own 0.02% of the company’s stock.

Accenture Trading Down 0.0%

Shares of ACN stock opened at $199.95 on Tuesday. The company has a market capitalization of $123.09 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 1.90 and a beta of 1.28. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $232.76 and a 200 day moving average price of $246.26. Accenture PLC has a twelve month low of $187.00 and a twelve month high of $325.71.

Accenture (NYSE:ACN) last released its quarterly 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 for the quarter, compared to analysts’ expectations of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $2.82 EPS. Research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, April 9th. Accenture’s payout ratio is presently 53.40%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ACN. Argus lowered their target price on Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, December 29th. TD Cowen decreased their price objective on shares of Accenture from $282.00 to $275.00 and set a “buy” rating on the stock in a research report on Monday, March 16th. BMO Capital Markets dropped their target price on shares of Accenture from $300.00 to $230.00 and set a “market perform” rating for the company in a report on Friday. Morgan Stanley cut their target price on shares of Accenture from $320.00 to $240.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Finally, UBS Group reiterated a “buy” rating on shares of Accenture in a research report on Tuesday, March 17th. Eighteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and a consensus price target of $274.88.

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.