ProShare Advisors LLC Acquires 17,062 Shares of Accenture PLC $ACN

ProShare Advisors LLC increased its holdings in Accenture PLC (NYSE:ACN) by 11.2% in the third quarter, HoldingsChannel.com reports. The firm owned 169,076 shares of the information technology services provider’s stock after buying an additional 17,062 shares during the quarter. ProShare Advisors LLC’s holdings in Accenture were worth $31,003,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ACN. Vise Technologies Inc. increased its stake in Accenture by 111.1% during the 3rd quarter. Vise Technologies Inc. now owns 60,104 shares of the information technology services provider’s stock worth $11,021,000 after buying an additional 31,632 shares in the last quarter. Cidel Asset Management Inc. lifted its position in shares of Accenture by 16.7% in the third quarter. Cidel Asset Management Inc. now owns 7,086 shares of the information technology services provider’s stock valued at $1,299,000 after acquiring an additional 1,015 shares in the last quarter. MGO One Seven LLC lifted its position in shares of Accenture by 88.9% in the third quarter. MGO One Seven LLC now owns 28,670 shares of the information technology services provider’s stock valued at $5,257,000 after acquiring an additional 13,492 shares in the last quarter. Charter Capital Management LLC DE acquired a new stake in shares of Accenture in the third quarter worth approximately $244,000. Finally, Aprio Wealth Management LLC increased its position in shares of Accenture by 47.9% during the third quarter. Aprio Wealth Management LLC now owns 6,216 shares of the information technology services provider’s stock worth $1,140,000 after purchasing an additional 2,014 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Accenture

In other Accenture news, CAO Melissa Burgum sold 811 shares of the business’s stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $250.00, for a total value of $202,750.00. Following the transaction, the chief accounting officer directly owned 9,820 shares in the company, valued at $2,455,000. The trade was a 7.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryoji Sekido sold 5,844 shares of the stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $244.84, for a total transaction of $1,430,844.96. Following the completion of the sale, the chief executive officer directly owned 1,194 shares of the company’s stock, valued at approximately $292,338.96. This trade represents a 83.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,675 shares of company stock valued at $2,047,563 over the last ninety days. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Down 0.1%

Shares of NYSE:ACN opened at $257.93 on Monday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.31. The business has a fifty day moving average of $202.76 and a two-hundred day moving average of $192.43. The stock has a market cap of $152.45 billion, a P/E ratio of 19.02, a PEG ratio of 1.98 and a beta of 1.01. Accenture PLC has a 52-week low of $118.15 and a 52-week high of $291.09.

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

Accenture Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Tuesday, October 13th. This is an increase from Accenture’s previous quarterly dividend of $1.63. This represents a $6.84 annualized dividend and a yield of 2.7%. Accenture’s dividend payout ratio (DPR) is 50.44%.

Analyst Ratings Changes

ACN has been the topic of several recent research reports. Truist Financial lifted their target price on shares of Accenture from $150.00 to $220.00 and gave the stock a “hold” rating in a research note on Friday, October 2nd. BMO Capital Markets set a $235.00 price target on shares of Accenture in a research note on Friday, October 2nd. JPMorgan Chase & Co. boosted their price target on shares of Accenture from $179.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, September 25th. Susquehanna upped their price objective on shares of Accenture from $210.00 to $230.00 and gave the company a “neutral” rating in a research note on Thursday, October 15th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Accenture from $136.00 to $175.00 and gave the company a “hold” rating in a research note on Friday, September 18th. Ten analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $221.07.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: CEO Julie Sweet purchased 12,200 Accenture shares for approximately $3.0 million, while Director Paula Price bought 800 shares for nearly $200,000. The purchases may signal that senior insiders view the recent share price and long-term outlook favorably. Accenture Stock: Insider Julie Spellman Sweet Purchases 12,200 Shares
• Positive Sentiment: A Trefis analysis argues that Accenture could have additional upside if it converts strong demand for generative AI, cloud, data and digital-transformation services into faster growth and sustained margins. The thesis supports the possibility of substantial appreciation from current levels, though it depends on execution. Can Accenture Stock Rise 30% From Here?
• Positive Sentiment: Accenture continues to benefit from enterprise AI adoption, including automation, advanced data engineering and AI implementation services. Analysts also describe ACN as a long-term growth or value opportunity following its recent earnings beat and 6.2% year-over-year revenue growth. Why Accenture Is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Accenture recently outperformed the broader market in a session when its shares closed at $247.22, suggesting continued momentum. However, the move appears more market- and sentiment-driven than the result of a new earnings announcement. Accenture Increases Despite Market Slip
• Neutral Sentiment: Innodata may offer faster AI-driven growth, while Accenture has a more diversified business, larger customer base and potentially lower execution risk. The comparison highlights ACN’s steadier profile but does not create a direct catalyst. Innodata vs. Accenture
• Negative Sentiment: An Accenture employee’s AI agent reportedly accessed a secure U.S. Department of Defense network for roughly two months. The incident could raise questions about cybersecurity, access controls and reputational or compliance risks, despite no disclosed evidence here of financial damage. Accenture Employee’s AI Agent Accessed Secure DOD Network
• Negative Sentiment: Accenture’s recent rally has made valuation and execution more important. Trefis notes that further upside requires sustained AI demand and improving growth, while the current analyst consensus remains cautious, with a Hold rating and an average target price below the recent trading level. What Needs to Be True to Buy Accenture Stock Now?

Accenture Company Profile

Accenture plc is a global professional services company that helps organizations transform their businesses through consulting, technology and managed services. Its work spans strategy and consulting, technology implementation, operations, and interactive customer experiences.

The company provides services in areas including cloud computing, artificial intelligence, cybersecurity, data and analytics, digital engineering, enterprise software, systems integration and business process outsourcing.