Guggenheim Cuts Accenture (NYSE:ACN) Price Target to $250.00

Accenture (NYSE:ACNGet Free Report) had its price objective reduced by stock analysts at Guggenheim from $275.00 to $250.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the information technology services provider’s stock. Guggenheim’s price objective points to a potential upside of 23.06% from the stock’s previous close.

ACN has been the topic of several other research reports. Rothschild & Co Redburn upped their target price on Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, January 5th. HSBC lifted their target price on shares of Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. Citigroup cut their price objective on Accenture from $266.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Berenberg Bank assumed coverage on Accenture in a report on Thursday, January 22nd. They set a “buy” rating and a $313.00 target price on the stock. Finally, Piper Sandler set a $282.00 price objective on Accenture in a research report on Thursday, March 5th. Eighteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $282.73.

Get Our Latest Analysis on ACN

Accenture Stock Up 4.1%

Shares of NYSE ACN opened at $203.16 on Friday. The stock has a market capitalization of $125.07 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 1.85 and a beta of 1.27. Accenture has a 52 week low of $187.00 and a 52 week high of $325.71. The firm has a 50-day moving average price of $235.99 and a 200 day moving average price of $247.16. 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:ACNGet Free Report) 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. The company had revenue of $18.04 billion for the quarter, compared to analyst estimates of $17.80 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.82 earnings per share. Equities research analysts anticipate that Accenture will post 12.73 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the transaction, the chief executive officer owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This represents a 12.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Joel Unruch sold 1,026 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $281.70, for a total transaction of $289,024.20. Following the completion of the sale, the general counsel directly owned 27,181 shares in the company, valued at $7,656,887.70. This represents a 3.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 22,088 shares of company stock worth $5,970,434 over the last ninety days. Insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Accenture

Several hedge funds and other institutional investors have recently modified their holdings of ACN. Vanguard Group Inc. raised its holdings in Accenture by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider’s stock valued at $17,726,831,000 after buying an additional 854,361 shares during the period. State Street Corp raised its stake in shares of Accenture by 0.5% in the 4th quarter. State Street Corp now owns 28,264,675 shares of the information technology services provider’s stock valued at $7,583,462,000 after acquiring an additional 129,610 shares during the period. Capital International Investors lifted its holdings in shares of Accenture by 2.0% during the 4th quarter. Capital International Investors now owns 17,471,554 shares of the information technology services provider’s stock valued at $4,687,867,000 after acquiring an additional 343,420 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Accenture by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 14,656,436 shares of the information technology services provider’s stock valued at $3,922,212,000 after acquiring an additional 218,719 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in Accenture by 5.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,693,994 shares of the information technology services provider’s stock worth $2,869,199,000 after purchasing an additional 546,198 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

Key Accenture News

Here are the key news stories impacting Accenture this week:

  • Positive Sentiment: Q2 beat on EPS and revenue — Accenture reported $2.93 EPS (above consensus) and $18.04B in revenue, driven by AI and cloud demand, signaling continued top-line growth and margin resilience. Press Release
  • Positive Sentiment: Record bookings and AI momentum — Management highlighted record bookings (~$22.1B) and accelerating demand for AI-led transformation, supporting future revenue visibility. Earnings Highlights
  • Positive Sentiment: Strategic partnerships expand AI/cyber/security capabilities — New collaborations and product launches (Microsoft agentic security, Databricks, Google Cloud tie-ups) strengthen Accenture’s positioning to capture enterprise AI spend. Microsoft Collaboration
  • Positive Sentiment: Dividend and shareholder returns — Board declared a quarterly dividend of $1.63/share (3.2% yield), reinforcing cash-return commitment and supporting income-oriented investors.
  • Neutral Sentiment: Analyst price-target moves and attention — TD Cowen trimmed its PT modestly and the stock is getting elevated market attention as part of S&P 500 tech narratives; these influence sentiment but not fundamentals directly. TD Cowen Note
  • Negative Sentiment: Near-term revenue guidance disappointed — Management forecast upcoming-quarter revenue below consensus, prompting investors to focus on potential softness in large IT transformation projects. Reuters: Guidance Miss
  • Negative Sentiment: Market reaction and longer-term AI fears — Despite the beat, ACN has faced heavy selling this year (~large YTD decline cited by coverage) amid investor concerns about AI disruption and ambiguous near-term spending trends, pressuring the stock. Barron’s Coverage

About Accenture

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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.

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