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

Accenture PLC (NYSE:ACN) has earned an average rating of “Hold” from the twenty-seven research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and twelve have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $193.1852.

Several analysts have recently weighed in on the stock. HSBC lowered their price objective on shares of Accenture from $220.00 to $210.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Royal Bank Of Canada reduced their target price on Accenture from $253.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, June 22nd. Berenberg Bank dropped their price target on Accenture from $273.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $136.00 price objective on shares of Accenture in a report on Friday, July 10th. Finally, Dbs Bank cut Accenture from a “moderate buy” rating to a “hold” rating in a report on Tuesday, June 23rd.

Insider Buying and Selling at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the sale, the chief executive officer owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. This represents a 27.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Institutional Trading of Accenture

Several institutional investors have recently added to or reduced their stakes in ACN. Board of the Pension Protection Fund bought a new stake in shares of Accenture in the 4th quarter valued at about $27,000. Laurel Wealth Advisors LLC purchased a new position in Accenture in the 4th quarter worth approximately $27,000. McMillan Office Inc. purchased a new position in Accenture in the 4th quarter worth approximately $27,000. University of Texas Texas AM Investment Management Co. bought a new stake in Accenture in the fourth quarter valued at approximately $27,000. Finally, Triumph Capital Management purchased a new stake in shares of Accenture during the third quarter valued at approximately $26,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture Price Performance

Shares of NYSE ACN opened at $143.56 on Monday. The firm has a market capitalization of $95.87 billion, a P/E ratio of 11.47, a P/E/G ratio of 1.50 and a beta of 1.13. 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 stock’s 50-day simple moving average is $156.38 and its two-hundred day simple moving average is $199.36. Accenture has a twelve month low of $118.15 and a twelve month high of $291.09.

Accenture (NYSE:ACN) last posted its quarterly earnings data 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 net margin of 10.66% and a return on equity of 26.47%. The company had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.78 billion. During the same period in the prior year, the business earned $3.49 earnings per share. Accenture’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, equities analysts anticipate that Accenture will post 13.85 EPS for the current fiscal year.

Accenture Dividend Announcement

The firm 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 of this dividend is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 4.5%. Accenture’s dividend payout ratio (DPR) is 52.08%.

Accenture declared that its board has approved a stock repurchase program on Tuesday, June 23rd that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to purchase up to 2.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board 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.