Accenture PLC (NYSE:ACN) Receives $193.19 Consensus Target Price from Brokerages

Accenture PLC (NYSE:ACN) has been assigned an average rating of “Hold” from the twenty-seven analysts that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and twelve have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $193.1852.

Several analysts have issued reports on ACN shares. Dbs Bank cut Accenture from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. DA Davidson lowered their price target on shares of Accenture from $275.00 to $175.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Robert W. Baird set a $190.00 price objective on shares of Accenture in a research note on Thursday, June 18th. Wolfe Research restated an “outperform” rating and issued a $200.00 target price on shares of Accenture in a research note on Tuesday, June 16th. Finally, HSBC dropped their target price on Accenture from $220.00 to $210.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th.

Insider Buying and Selling at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 company insiders.

Institutional Investors Weigh In On Accenture

Institutional investors and hedge funds have recently modified their holdings of the company. Triumph Capital Management purchased a new stake in shares of Accenture in the 3rd quarter valued at $26,000. Board of the Pension Protection Fund purchased a new stake in Accenture in the fourth quarter valued at $27,000. Laurel Wealth Advisors LLC acquired a new position in shares of Accenture in the 4th quarter valued at about $27,000. Dogwood Wealth Management LLC grew its holdings 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 acquiring an additional 128 shares during the period. Finally, McMillan Office Inc. purchased a new position in Accenture during the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Trading Up 1.8%

Shares of NYSE ACN opened at $137.04 on Monday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $157.83 and a two-hundred day simple moving average of $200.65. The firm has a market cap of $91.52 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 1.39 and a beta of 1.13. Accenture has a twelve month low of $118.15 and a twelve month high of $291.09.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Analysts expect that Accenture will post 13.85 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be paid a dividend of $1.63 per share. The ex-dividend date is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a yield of 4.8%. Accenture’s dividend payout ratio is presently 52.08%.

Accenture declared that its board has initiated a share buyback program on Tuesday, June 23rd that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the information technology services provider to buy up to 2.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.