Accenture PLC $ACN Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp reduced its position in shares of Accenture PLC (NYSE:ACN - Free Report) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 335,578 shares of the information technology services provider's stock after selling 6,622 shares during the period. Fifth Third Bancorp owned 0.05% of Accenture worth $90,036,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Triumph Capital Management acquired a new position in Accenture in the 3rd quarter valued at $26,000. Board of the Pension Protection Fund purchased a new position in Accenture during the fourth quarter worth about $27,000. Laurel Wealth Advisors LLC purchased a new stake in Accenture in the 4th quarter valued at about $27,000. Davis Capital Management acquired a new position in shares of Accenture during the 3rd quarter valued at about $28,000. Finally, Private Wealth Management Group LLC boosted its position in shares of Accenture by 96.4% in the fourth quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider's stock worth $29,000 after acquiring an additional 53 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on ACN. BMO Capital Markets cut their price target on shares of Accenture from $300.00 to $230.00 and set a "market perform" rating on the stock in a research note on Friday, March 20th. Berenberg Bank initiated coverage on Accenture in a research report on Thursday, January 22nd. They set a "buy" rating and a $313.00 price target for the company. HSBC decreased their target price on Accenture from $220.00 to $210.00 and set a "hold" rating for the company in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Accenture from $280.00 to $230.00 and set a "hold" rating on the stock in a research report on Friday, March 6th. Finally, Wells Fargo & Company increased their price objective on shares of Accenture from $251.00 to $275.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 14th. Seventeen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $274.50.

Accenture Stock Down 0.7%

NYSE ACN opened at $178.96 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.16. Accenture PLC has a fifty-two week low of $173.65 and a fifty-two week high of $325.71. The business has a 50 day moving average price of $196.46 and a two-hundred day moving average price of $235.90. The stock has a market cap of $119.09 billion, a PE ratio of 14.66, a P/E/G ratio of 1.71 and a beta of 1.24.

Accenture (NYSE:ACN - Get Free Report) last posted its earnings results on Friday, March 20th. The information technology services provider reported $2.93 EPS for the quarter, topping analysts' consensus estimates of $2.84 by $0.09. The business had revenue of $18.04 billion for the quarter, compared to analysts' expectations of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.82 earnings per share. As a group, sell-side analysts predict that Accenture PLC will post 13.87 EPS for the current fiscal year.

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be paid a dividend of $1.63 per share. The ex-dividend date is Thursday, April 9th. This represents a $6.52 annualized dividend and a dividend yield of 3.6%. Accenture's dividend payout ratio (DPR) is currently 53.40%.

Insider Activity

In related news, CEO Atsushi Egawa sold 4,872 shares of the business's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $177.14, for a total value of $863,026.08. Following the transaction, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Julie Spellman Sweet sold 6,057 shares of the firm's stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the sale, the chief executive officer owned 15,255 shares of the company's stock, valued at approximately $3,679,963.65. This trade represents a 28.42% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 10,943 shares of company stock worth $2,327,545. Insiders own 0.02% of the company's stock.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a strategic investment in Netomi to accelerate enterprise adoption of agentic AI for customer experience — a move that supports Accenture’s growth strategy in high‑value AI services and could bolster revenue and competitive positioning over time. Accenture Invests in Netomi
• Positive Sentiment: Analyst coverage highlights Accenture as a top‑ranked growth stock (Zacks), which can support investor interest and provide a counterweight to negative sentiment if analysts maintain favorable ratings. Accenture is a Top‑Ranked Growth Stock
• Neutral Sentiment: Market previews and commentary ahead of earnings keep expectations in focus but don’t provide new earnings data; these pieces maintain attention on upcoming results rather than changing fundamentals immediately. Earnings Preview
• Neutral Sentiment: Short‑term market moves have seen ACN bounce relative to broader weakness on some days, signaling that intraday/market flows—not new company fundamentals—are also affecting price action. Accenture Rises As Market Takes a Dip
• Negative Sentiment: CEO Atsushi Egawa sold 4,872 shares (~27.6% reduction in his reported holding) under a pre‑arranged Rule 10b5‑1 plan; while Rule 10b5‑1 execution lessens alarm, large insider reductions can weigh on sentiment and be interpreted negatively by some investors. SEC Filing: CEO Sale
• Negative Sentiment: A Yahoo/market note highlights a roughly 38% one‑year share price fall, reinforcing the narrative that Accenture’s stock faces valuation pressure and heightened investor caution which can depress buying interest until catalysts emerge. Is It Time To Reconsider Accenture?

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.

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