Dbs Bank Downgrades Accenture (NYSE:ACN) to Hold

Accenture (NYSE:ACN) was downgraded by analysts at Dbs Bank from a “moderate buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

ACN has been the subject of several other reports. HSBC dropped their target price on Accenture from $220.00 to $210.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Robert W. Baird set a $190.00 price objective on shares of Accenture in a research report on Thursday, June 18th. Jefferies Financial Group reduced their target price on shares of Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a research note on Monday, June 15th. Susquehanna cut their price target on shares of Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a report on Monday. Finally, UBS Group reiterated a “buy” rating on shares of Accenture in a research report on Tuesday, June 16th. Thirteen research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, Accenture currently has a consensus rating of “Hold” and a consensus target price of $196.85.

Accenture Stock Up 1.6%

ACN stock opened at $129.10 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average of $173.22 and a two-hundred day moving average of $215.09. Accenture has a 12 month low of $118.15 and a 12 month high of $307.77. The company has a market cap of $85.91 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 1.26 and a beta of 1.08.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.10. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The business had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.78 billion. During the same period in the previous year, the firm posted $3.49 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, analysts forecast that Accenture will post 13.84 earnings per share for the current fiscal year.

Accenture declared that its Board of Directors has approved a stock buyback plan on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the information technology services provider to reacquire up to 2.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the transaction, the chief executive officer directly owned 12,802 shares of the company’s stock, valued at $2,267,746.28. The trade was a 27.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by insiders.

Hedge Funds Weigh In On Accenture

Large investors have recently bought and sold shares of the business. Board of the Pension Protection Fund purchased a new stake in Accenture during the 4th quarter worth about $27,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Accenture during the 4th quarter worth about $27,000. McMillan Office Inc. purchased a new stake in Accenture during the fourth quarter worth approximately $27,000. University of Texas Texas AM Investment Management Co. acquired a new position in Accenture in the fourth quarter valued at approximately $27,000. Finally, Triumph Capital Management purchased a new position in Accenture in the third quarter valued at approximately $26,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a $2.0 billion share repurchase expansion, a signal management sees the stock as undervalued and a support for shareholder returns.
• Positive Sentiment: New business wins and strategic AI-related partnerships, including a software-defined commercial vehicle agreement with Coretura and AI collaborations with Adobe, show Accenture remains active in high-growth transformation projects.
• Positive Sentiment: Several articles argued the recent drop may be creating a long-term buying opportunity, with valuation-focused coverage pointing to potential upside and a DCF-based fair value estimate well above the current price.
• Neutral Sentiment: Recent analysis highlighted Accenture’s international revenue trends as an important factor for Wall Street analysts, suggesting the global mix of business could help or hurt future estimates depending on regional demand.
• Neutral Sentiment: Analyst updates were mixed: DA Davidson and Mizuho both cut price targets, but each kept constructive ratings on the stock, indicating lowered expectations rather than a fully bearish stance.
• Negative Sentiment: Coverage continues to emphasize AI-related disruption concerns and weaker bookings, which are the main reasons investors are reassessing Accenture’s near-term revenue growth and valuation.

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.