Accenture (NYSE:ACN) Price Target Raised to $280.00 at Deutsche Bank Aktiengesellschaft

Accenture (NYSE:ACN) had its target price boosted by Deutsche Bank Aktiengesellschaft from $265.00 to $280.00 in a research note released on Monday morning,MarketScreener reports. The brokerage currently has a hold rating on the information technology services provider’s stock.

Other research analysts also recently issued reports about the company. Mizuho decreased their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. Jefferies Financial Group increased their price objective on Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, January 8th. UBS Group downgraded shares of Accenture from a “buy” rating to a “hold” rating in a report on Thursday. Berenberg Bank started coverage on shares of Accenture in a research report on Thursday. They set a “buy” rating and a $313.00 price target on the stock. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 price objective on shares of Accenture in a research report on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $298.38.

Accenture Stock Performance

Shares of ACN stock opened at $281.01 on Monday. Accenture has a 12 month low of $229.40 and a 12 month high of $398.35. The company’s fifty day simple moving average is $268.58 and its 200-day simple moving average is $258.04. The firm has a market cap of $172.99 billion, a PE ratio of 23.22, a P/E/G ratio of 2.71 and a beta of 1.25. 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 issued its quarterly earnings results 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. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same period in the previous year, the business earned $3.59 EPS. The company’s revenue was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities research analysts expect that Accenture will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Insider Activity at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $253.40, for a total value of $2,280,600.00. Following the transaction, the chief executive officer directly owned 14,516 shares of the company’s stock, valued at $3,678,354.40. This represents a 38.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the sale, the general counsel owned 28,207 shares of the company’s stock, valued at $7,756,925. This trade represents a 4.51% 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 22,700 shares of company stock worth $5,950,438 in the last quarter. Corporate insiders own 0.02% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Board of the Pension Protection Fund bought a new position in Accenture during the fourth quarter worth about $27,000. Investors Research Corp grew its position in shares of 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 in the last quarter. Harbor Capital Advisors Inc. increased its holdings in shares of Accenture by 132.6% during the third 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 acquired a new stake in shares of Accenture in the third quarter valued at approximately $26,000. Finally, Private Wealth Management Group LLC boosted its stake in shares of Accenture by 96.4% in the fourth quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 53 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

About Accenture

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.