Zacks Research Has Positive Outlook of Accenture Q3 Earnings

Key Points

• Zacks Research has increased its Q3 2026 earnings per share estimate for Accenture from $3.48 to $3.64, indicating a positive outlook for the company's performance.
• Accenture reported a 7.3% year-over-year increase in quarterly revenue, achieving $3.03 earnings per share, exceeding analysts' expectations.
• The company has announced a quarterly dividend increase from $1.48 to $1.63, amounting to an annualized dividend yield of 2.7%.

Accenture PLC (NYSE:ACN - Free Report) - Research analysts at Zacks Research raised their Q3 2026 earnings per share estimates for Accenture in a note issued to investors on Thursday, October 16th. Zacks Research analyst Team now forecasts that the information technology services provider will post earnings per share of $3.64 for the quarter, up from their prior estimate of $3.48. The consensus estimate for Accenture's current full-year earnings is $12.73 per share. Zacks Research also issued estimates for Accenture's FY2026 earnings at $13.61 EPS, Q2 2027 earnings at $3.26 EPS and FY2027 earnings at $14.20 EPS.

Accenture (NYSE:ACN - Get Free Report) last posted its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.98 by $0.05. The business had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.Accenture's quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the company earned $2.66 earnings per share. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS.

Several other research analysts have also recently commented on the company. Wolfe Research reduced their price target on Accenture from $290.00 to $285.00 and set an "outperform" rating for the company in a research report on Tuesday, September 23rd. Rothschild & Co Redburn increased their price target on Accenture from $250.00 to $255.00 in a research report on Friday, September 19th. Rothschild Redb cut Accenture from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, September 3rd. Royal Bank Of Canada reduced their price target on Accenture from $372.00 to $285.00 and set an "outperform" rating for the company in a research report on Friday, September 26th. Finally, Cowen reissued a "buy" rating on shares of Accenture in a research report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $300.22.

Accenture Stock Up 1.9%

NYSE:ACN opened at $238.46 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $157.02 billion, a PE ratio of 19.63, a PEG ratio of 2.08 and a beta of 1.28. Accenture has a 52-week low of $229.40 and a 52-week high of $398.35. The stock has a 50-day simple moving average of $246.78 and a 200 day simple moving average of $278.74.

Institutional Trading of Accenture

A number of hedge funds have recently made changes to their positions in ACN. Brighton Jones LLC lifted its holdings in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider's stock worth $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in Accenture by 62.2% during the 1st quarter. Exchange Traded Concepts LLC now owns 905 shares of the information technology services provider's stock worth $282,000 after purchasing an additional 347 shares during the last quarter. GAM Holding AG lifted its holdings in Accenture by 18.6% during the 1st quarter. GAM Holding AG now owns 4,768 shares of the information technology services provider's stock worth $1,488,000 after purchasing an additional 748 shares during the last quarter. Garde Capital Inc. acquired a new stake in Accenture during the 1st quarter worth approximately $45,000. Finally, Inlight Wealth Management LLC acquired a new stake in Accenture during the 1st quarter worth approximately $32,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Friday, October 10th will be given a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This is a positive change from Accenture's previous quarterly dividend of $1.48. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.7%. Accenture's payout ratio is 53.66%.

Accenture Company Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.