11,873 Accenture PLC $ACN Shares Acquired by Euro Pacific Asset Management LLC

Key Points

• Euro Pacific Asset Management increased its Accenture stake by 11.2%, buying 11,873 shares to reach 117,589 shares valued at about $21.6 million.
• Analysts maintain a consensus “Hold” rating on Accenture, with an average price target of $221.07; 10 analysts rate the stock Buy and 17 rate it Hold.
• Accenture beat quarterly earnings and revenue estimates, with EPS of $3.29 and revenue of $18.68 billion. It also raised its quarterly dividend from $1.63 to $1.71 per share.

Euro Pacific Asset Management LLC increased its position in shares of Accenture PLC (NYSE:ACN - Free Report) by 11.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 117,589 shares of the information technology services provider's stock after purchasing an additional 11,873 shares during the quarter. Accenture accounts for approximately 1.5% of Euro Pacific Asset Management LLC's investment portfolio, making the stock its 20th largest position. Euro Pacific Asset Management LLC's holdings in Accenture were worth $21,562,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. IMG Wealth Management Inc. raised its position in shares of Accenture by 134.8% in the 1st quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider's stock valued at $31,000 after buying an additional 89 shares in the last quarter. Foresight Capital Management Advisors Inc. acquired a new stake in shares of Accenture during the 3rd quarter worth approximately $31,000. Signature Equity Partners LLC boosted its position in shares of Accenture by 50.9% during the 3rd quarter. Signature Equity Partners LLC now owns 172 shares of the information technology services provider's stock worth $32,000 after acquiring an additional 58 shares in the last quarter. Dogwood Wealth Management LLC increased its stake in Accenture by 147.1% in the second quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider's stock valued at $27,000 after acquiring an additional 128 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC increased its stake in Accenture by 587.5% in the third quarter. Financial Network Wealth Advisors LLC now owns 220 shares of the information technology services provider's stock valued at $40,000 after acquiring an additional 188 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. BMO Capital Markets set a $235.00 price objective on shares of Accenture in a research report on Friday, October 2nd. Jefferies Financial Group set a $220.00 target price on Accenture in a report on Friday, October 2nd. Wells Fargo & Company lifted their price target on Accenture from $210.00 to $252.00 and gave the company an "equal weight" rating in a research note on Monday, October 26th. Susquehanna boosted their price target on Accenture from $210.00 to $230.00 and gave the stock a "neutral" rating in a report on Thursday, October 15th. Finally, Mizuho upped their price objective on Accenture from $226.00 to $241.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 6th. Ten investment analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Accenture currently has a consensus rating of "Hold" and an average price target of $221.07.

Insider Transactions at Accenture

In other news, CEO Atsushi Egawa sold 10,000 shares of the firm's stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $270.00, for a total transaction of $2,700,000.00. Following the completion of the transaction, the chief executive officer owned 5,996 shares of the company's stock, valued at approximately $1,618,920. This trade represents a 62.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Julie Sweet purchased 12,200 shares of the business's stock in a transaction dated Monday, October 26th. The shares were acquired at an average price of $245.99 per share, for a total transaction of $3,001,078.00. Following the acquisition, the chief executive officer owned 48,910 shares of the company's stock, valued at $12,031,370.90. This trade represents a 33.23% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 18,675 shares of company stock worth $4,747,563. 0.02% of the stock is currently owned by insiders.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture and Mondelēz International are applying agentic AI to redesign Mondelēz’s global order-to-cash operations, including ordering, invoicing and collections. The project showcases demand for Accenture’s AI services, though no contract value or expected revenue was disclosed. Accenture expands AI work with a major consumer goods customer
• Positive Sentiment: A valuation analysis says ACN trades at about 18 times forward earnings, below its 10-year average of 24 times, even after a strong recent rally. That could appeal to investors who see room for the valuation to recover. Accenture’s valuation analysis
• Neutral Sentiment: CEO Atsushi Egawa sold 10,000 shares for $2.7 million, reducing his direct holdings by about 62.5%. The sale was made under a pre-arranged Rule 10b5-1 plan, so it is not necessarily a signal about his outlook for the company. Accenture CEO share sale
• Negative Sentiment: Accenture fell even as the market rose, indicating relative weakness in the session. The report describes the decline but does not point to a specific company catalyst. Accenture stock underperforms as the market gains

Accenture Stock Performance

Shares of ACN stock opened at $260.36 on Monday. The firm has a market capitalization of $153.89 billion, a price-to-earnings ratio of 19.20, a PEG ratio of 2.00 and a beta of 1.01. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.31. The business's 50-day moving average price is $210.35 and its 200-day moving average price is $191.91. Accenture PLC has a 12 month low of $118.15 and a 12 month high of $291.09.

Accenture (NYSE:ACN - Get Free Report) last released its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.18 by $0.11. The company had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $18.03 billion. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The firm's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.03 earnings per share. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. Equities research analysts forecast that Accenture PLC will post 14.68 EPS for the current year.

Accenture Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 13th will be issued a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a positive change from Accenture's previous quarterly dividend of $1.63. Accenture's payout ratio is presently 50.44%.

Accenture Profile

Accenture plc is a global professional services company that helps businesses, governments and other organizations solve operational and technology challenges. Its work includes strategy and management consulting, digital transformation, systems integration and the design, implementation and management of technology solutions.

The company serves clients across a broad range of industries and geographies. Its services span cloud computing, data and artificial intelligence, cybersecurity, software and platforms, business process operations, and digital marketing and customer experience.

Accenture traces its roots to the consulting business of accounting firm Arthur Andersen.

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