Legacy Trust increased its holdings in shares of Accenture PLC (NYSE:ACN – Free Report) by 113.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,474 shares of the information technology services provider’s stock after acquiring an additional 1,848 shares during the period. Legacy Trust’s holdings in Accenture were worth $857,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Norway Savings Bank raised its holdings in shares of Accenture by 0.9% in the second quarter. Norway Savings Bank now owns 4,123 shares of the information technology services provider’s stock valued at $1,232,000 after buying an additional 36 shares during the last quarter. Firethorn Wealth Partners LLC increased its position in Accenture by 4.4% in the 2nd quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock valued at $255,000 after acquiring an additional 36 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Accenture by 0.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock worth $1,465,000 after acquiring an additional 38 shares during the last quarter. Piscataqua Savings Bank lifted its position in shares of Accenture by 5.3% during the second quarter. Piscataqua Savings Bank now owns 796 shares of the information technology services provider’s stock worth $238,000 after purchasing an additional 40 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its stake in shares of Accenture by 3.5% during the second quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock valued at $363,000 after purchasing an additional 41 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.
Key Stories Impacting Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Truist initiated coverage with a $317 price target, signaling analyst conviction and implying upside versus recent levels; that fresh coverage is a clear catalyst likely supporting buying interest. Truist starts coverage on Accenture (ACN) with $317 price target
- Positive Sentiment: Zacks Research raised several medium‑term forecasts (notably FY2026 to $13.77 from $13.61 and FY2027 to $14.66 from $14.20, plus upgrades to multiple 2027 quarter estimates), reflecting an improved multi‑quarter outlook that can support valuation expansion and investor confidence.
- Neutral Sentiment: Perspective pieces are pushing the “reconsider” narrative after the recent pullback; these articles can attract value‑oriented buyers or prompt closer re‑assessment by investors but don’t change fundamentals by themselves. Is It Time To Reconsider Accenture (ACN) After Its Recent Share Price Pullback?
- Negative Sentiment: Zacks also trimmed several near‑term and longer‑range estimates (Q2 2026, Q3 2026, Q4 2026 and Q1 2028 saw cuts; FY2028 eased slightly), which suggests some caution on near‑term demand/seasonality and could cap upside until quarterly results confirm momentum.
Accenture Price Performance
Accenture (NYSE:ACN – Get Free Report) last posted its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same period in the previous year, the firm earned $3.59 earnings per share. The company’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, research analysts expect that Accenture PLC will post 12.73 EPS for the current year.
Accenture Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.
Insider Activity
In other Accenture news, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the transaction, the insider owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. The trade was a 78.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the transaction, the general counsel owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 35,151 shares of company stock worth $8,841,525. Corporate insiders own 0.02% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently weighed in on ACN. Truist Financial began coverage on shares of Accenture in a research report on Tuesday. They issued a “buy” rating and a $317.00 price objective for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Jefferies Financial Group lifted their target price on shares of Accenture from $250.00 to $270.00 and gave the stock a “hold” rating in a report on Wednesday, December 10th. UBS Group reissued a “buy” rating on shares of Accenture in a research note on Wednesday. Finally, Wolfe Research lifted their price objective on Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $295.84.
Read Our Latest Analysis on ACN
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.
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