Accenture (NYSE:ACN) Price Target Cut to $280.00 by Analysts at Mizuho

Accenture (NYSE:ACN) had its target price trimmed by Mizuho from $309.00 to $280.00 in a research note released on Monday,Benzinga reports. The brokerage currently has an outperform rating on the information technology services provider’s stock.

A number of other research firms have also recently weighed in on ACN. TD Cowen decreased their price target on Accenture from $282.00 to $275.00 and set a “buy” rating for the company in a report on Monday, March 16th. Wells Fargo & Company boosted their target price on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group restated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research note on Thursday, December 18th. Truist Financial dropped their price target on shares of Accenture from $317.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Finally, Piper Sandler set a $282.00 price objective on shares of Accenture in a report on Thursday, March 5th. Eighteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $274.88.

Accenture Trading Down 0.0%

NYSE:ACN opened at $199.95 on Monday. The business’s 50-day moving average is $232.76 and its two-hundred day moving average is $246.26. The firm has a market capitalization of $123.09 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 1.90 and a beta of 1.28. Accenture has a 12 month low of $187.00 and a 12 month high of $325.71. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.34.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.09. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The company had revenue of $18.04 billion during the quarter, compared to the consensus estimate of $17.80 billion. During the same quarter in the prior year, the business earned $2.82 earnings per share. The company’s revenue was up 7.8% compared to the same quarter last year. Research analysts predict that Accenture will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

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

Insider Activity

In other Accenture news, CEO Julie Spellman Sweet sold 6,057 shares of the stock in a transaction on 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 in the company, valued at $3,679,963.65. This represents a 28.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the completion of the sale, the insider directly owned 7,057 shares of the company’s stock, valued at $2,033,333.41. The trade was a 27.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 22,088 shares of company stock worth $5,970,434 over the last ninety days. Insiders own 0.02% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Norges Bank bought a new position in Accenture during the fourth quarter worth $2,146,995,000. Capital International Investors increased its stake in Accenture by 41.1% during the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after purchasing an additional 4,984,930 shares during the last quarter. Voloridge Investment Management LLC acquired a new stake in shares of Accenture during the third quarter worth $311,694,000. Massachusetts Financial Services Co. MA lifted its position in shares of Accenture by 12.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after buying an additional 1,148,970 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Accenture by 15.9% in the 4th quarter. Franklin Resources Inc. now owns 8,173,338 shares of the information technology services provider’s stock valued at $2,192,907,000 after buying an additional 1,122,855 shares during the period. Institutional investors own 75.14% of the company’s stock.

Accenture News Roundup

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

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.