Accenture PLC $ACN Holdings Increased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund grew its stake in shares of Accenture PLC (NYSE:ACN) by 6.4% in the third quarter, HoldingsChannel reports. The fund owned 115,057 shares of the information technology services provider’s stock after buying an additional 6,957 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Accenture were worth $21,098,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. IMG Wealth Management Inc. boosted its position in shares of Accenture by 134.8% in the first quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock worth $31,000 after acquiring an additional 89 shares during the last quarter. Foresight Capital Management Advisors Inc. acquired a new position in Accenture during the third quarter worth approximately $31,000. Signature Equity Partners LLC increased its position in Accenture by 50.9% during the third quarter. Signature Equity Partners LLC now owns 172 shares of the information technology services provider’s stock worth $32,000 after purchasing an additional 58 shares during the last quarter. Dogwood Wealth Management LLC raised its stake in Accenture by 147.1% during the second quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 128 shares during the period. Finally, Financial Network Wealth Advisors LLC raised its stake in Accenture by 587.5% during the third quarter. Financial Network Wealth Advisors LLC now owns 220 shares of the information technology services provider’s stock worth $40,000 after purchasing an additional 188 shares during the period. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Trading Up 1.8%

Shares of ACN stock opened at $258.82 on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The firm’s 50 day moving average price is $213.02 and its two-hundred day moving average price is $191.64. The stock has a market cap of $152.97 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 1.95 and a beta of 1.01.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.18 by $0.11. Accenture had a net margin of 11.28% and a return on equity of 26.53%. The company had revenue of $18.68 billion during the quarter, compared to analyst estimates of $18.03 billion. During the same quarter in the prior year, the business earned $3.03 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, analysts anticipate that Accenture PLC will post 14.68 EPS for the current year.

Accenture Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, October 13th will be given a dividend of $1.71 per share. This is a positive change from Accenture’s previous quarterly dividend of $1.63. The ex-dividend date of this dividend is Tuesday, October 13th. This represents a $6.84 dividend on an annualized basis and a yield of 2.6%. Accenture’s dividend payout ratio is currently 50.44%.

Insider Transactions at Accenture

In related news, CEO Julie Sweet bought 12,200 shares of the stock in a transaction dated Monday, October 26th. The stock was acquired at an average price of $245.99 per share, for a total transaction of $3,001,078.00. Following the completion of the purchase, the chief executive officer owned 48,910 shares in the company, valued at $12,031,370.90. This represents a 33.23% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Atsushi Egawa sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $270.00, for a total value of $2,700,000.00. Following the sale, the chief executive officer owned 5,996 shares in the company, valued at approximately $1,618,920. The trade was a 62.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,675 shares of company stock worth $4,747,563 in the last quarter. 0.02% of the stock is owned by corporate insiders.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture is working with Qantas to modernize its operations, providing evidence of continued demand for its transformation services. Qantas said the program will involve cutting 850 jobs over the coming years; the reductions are at Qantas, not Accenture. Reuters: Australia’s Qantas to axe 850 jobs in offshoring deal with Accenture
• Positive Sentiment: A WSIB digital modernization project involving Accenture reduced employer registration from eight to ten business days to under ten minutes. The result offers a concrete example of Accenture’s ability to deliver cloud-based transformation and could help support future client sales. Ontario WSIB project announcement
• Positive Sentiment: U.S. management and technical consulting employment rose by 17,300 in October, its biggest monthly increase since December 2024. The gain may indicate improving demand for consulting services, although it does not guarantee higher spending at Accenture. The Overlooked AI Trade Hiding in a Beaten-Down Corner of the Market
• Neutral Sentiment: Recent comparisons describe Accenture as a large, profitable company with strong cash generation, but note that its revenue has fluctuated while some software peers have shown steadier growth. These comparisons highlight competitive strengths and trade-offs rather than a new change in the company’s outlook. Accenture vs. Adobe comparison
• Neutral Sentiment: The Qantas job cuts may draw scrutiny because the modernization arrangement includes offshoring, though the reporting does not indicate a direct financial or operational cost to Accenture. Qantas to Cut 850 Jobs After Tech Deal With Accenture

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ACN. Citigroup lifted their price target on shares of Accenture from $135.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, August 24th. Royal Bank Of Canada increased their target price on Accenture from $175.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, October 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on Accenture from $136.00 to $175.00 and gave the company a “hold” rating in a report on Friday, September 18th. TD Cowen boosted their price target on Accenture from $193.00 to $201.00 and gave the company a “hold” rating in a research report on Thursday, October 15th. Finally, JPMorgan Chase & Co. boosted their price target on Accenture from $179.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, September 25th. Ten analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat.com, Accenture has a consensus rating of “Hold” and an average target price of $221.07.

Accenture Company Profile

Accenture plc is a global professional services company that helps businesses, governments and other organizations solve operational and technology challenges. Its work includes strategy and management consulting, digital transformation, systems integration and the design, implementation and management of technology solutions. The company serves clients across a broad range of industries and geographies. Its services span cloud computing, data and artificial intelligence, cybersecurity, software and platforms, business process operations, and digital marketing and customer experience.