Accenture PLC $ACN Shares Sold by Mirova

Mirova reduced its stake in Accenture PLC (NYSE:ACN) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,629 shares of the information technology services provider’s stock after selling 4,283 shares during the period. Accenture makes up about 4.2% of Mirova’s holdings, making the stock its 4th largest holding. Mirova’s holdings in Accenture were worth $29,994,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in Accenture during the 3rd quarter worth about $26,000. Strategic Investment Advisors MI raised its position in Accenture by 6.8% in the 3rd quarter. Strategic Investment Advisors MI now owns 2,168 shares of the information technology services provider’s stock valued at $535,000 after purchasing an additional 138 shares in the last quarter. Keel Point LLC boosted its stake in shares of Accenture by 7.4% in the 3rd quarter. Keel Point LLC now owns 22,828 shares of the information technology services provider’s stock valued at $5,629,000 after buying an additional 1,581 shares during the period. Farmers National Bank grew its position in shares of Accenture by 20.8% during the third quarter. Farmers National Bank now owns 21,769 shares of the information technology services provider’s stock worth $5,368,000 after buying an additional 3,741 shares in the last quarter. Finally, Hudson Bay Capital Management LP increased its stake in shares of Accenture by 121.6% during the third quarter. Hudson Bay Capital Management LP now owns 2,804 shares of the information technology services provider’s stock worth $691,000 after buying an additional 15,766 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO John F. Walsh sold 3,986 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Julie Spellman Sweet sold 6,057 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the transaction, the chief executive officer owned 15,255 shares in the company, valued at approximately $3,679,963.65. This trade represents a 28.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 22,088 shares of company stock worth $5,970,434. Corporate insiders own 0.02% of the company’s stock.

Accenture Trading Down 2.0%

Shares of Accenture stock opened at $194.77 on Thursday. The company has a fifty day simple moving average of $237.56 and a 200-day simple moving average of $247.47. Accenture PLC has a 12-month low of $188.73 and a 12-month high of $326.73. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. The stock has a market cap of $119.90 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 1.88 and a beta of 1.27.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.06. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm had revenue of $18.04 billion during the quarter, compared to analysts’ expectations of $17.80 billion. On average, equities analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ACN. TD Cowen decreased their price target on shares of Accenture from $282.00 to $275.00 and set a “buy” rating for the company in a research note on Monday. Jefferies Financial Group raised their price objective on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a report on Thursday, January 8th. Truist Financial decreased their price objective on shares of Accenture from $317.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft dropped their target price on Accenture from $280.00 to $230.00 and set a “hold” rating on the stock in a report on Friday, March 6th. Finally, Berenberg Bank began coverage on Accenture in a report on Thursday, January 22nd. They set a “buy” rating and a $313.00 price target for the company. Eighteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $286.19.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture’s history of topping estimates and the view that it has the key drivers to beat again supports upside expectations into earnings. Will Accenture (ACN) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Strategic AI partnerships (Databricks; a forward‑deployed engineering strategy with Microsoft) bolster Accenture’s revenue pipeline in high‑growth GenAI services and validate long‑term demand for its enterprise AI work. Accenture, Databricks Enable Enterprise Adoption of AI Apps and Agents Accenture and Microsoft form forward deployed engineering strategy to deliver enterprise AI
• Positive Sentiment: Accenture is part of an expanded RELEX / Lowe’s supply‑chain modernization engagement, reinforcing its role on large retail transformation projects. RELEX Solutions Announces Expanded Partnership with Lowe’s to Strengthen Their Supply Chain Agility
• Positive Sentiment: A modest institutional buy (Achmea increased its position) is a small vote of confidence from a long‑term investor. Achmea Investment Management B.V. Increases Stock Position in Accenture PLC $ACN
• Neutral Sentiment: Pre‑earnings previews and coverage highlight what to watch (bookings, margins, guidance) but add information rather than a clear directional catalyst. Accenture (ACN) Q1 Earnings Report Preview: What To Look For
• Neutral Sentiment: Analysis noting Accenture’s cheaper valuation versus historical highs but flagging talent‑cost pressure and weak recent price performance creates mixed buy/sell signals. Is Accenture’s Cheap Valuation Reason Enough to Invest in the Stock?
• Negative Sentiment: TD Cowen trimmed its price target (to $275), signaling less upside from current levels and pressuring near‑term sentiment. TD Cowen Cuts PT on Accenture plc (ACN) to $275 From $282 – Here’s Why
• Negative Sentiment: Morgan Stanley lowered its price target substantially (to $240) and highlighted weakening bookings and a talent mix shift — comments that weigh on expectations ahead of the print. Morgan Stanley Updates Accenture (ACN) View on Weak Bookings and Talent Shift
• Negative Sentiment: Market commentary warns traders expect a large post‑earnings move — some expect downside risk that could push the stock toward multi‑year lows if results disappoint. Here’s How Much Accenture Stock Is Expected to Move After Earnings

Accenture 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.