Accenture PLC $ACN Stock Position Lowered by Vontobel Holding Ltd.

by · The Cerbat Gem

Vontobel Holding Ltd. trimmed its holdings in Accenture PLC (NYSE:ACN – Free Report) by 28.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 72,397 shares of the information technology services provider’s stock after selling 29,003 shares during the quarter. Vontobel Holding Ltd.’s holdings in Accenture were worth $13,275,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Regent Peak Wealth Advisors LLC lifted its position in Accenture by 10.4% during the second quarter. Regent Peak Wealth Advisors LLC now owns 74,187 shares of the information technology services provider’s stock worth $9,232,000 after buying an additional 7,018 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in Accenture by 72.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 19,455 shares of the information technology services provider’s stock valued at $2,421,000 after buying an additional 8,169 shares in the last quarter. Dearborn Partners LLC purchased a new stake in Accenture in the 2nd quarter valued at $25,108,000. Bright Rock Capital Management LLC acquired a new stake in shares of Accenture in the 2nd quarter worth $7,466,000. Finally, Foster & Motley Inc. acquired a new stake in shares of Accenture in the 2nd quarter worth $2,628,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Accenture Stock Up 2.1%

Accenture stock opened at $229.63 on Friday. The company has a market capitalization of $153.35 billion, a PE ratio of 16.93, a price-to-earnings-growth ratio of 1.89 and a beta of 1.11. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.34 and a current ratio of 1.43. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The firm has a 50 day moving average price of $189.39 and a 200 day moving average price of $174.54.

Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings results on Thursday, October 1st. The information technology services provider reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The company had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $18.03 billion. During the same period in the prior year, the firm earned $3.03 earnings per share. The firm’s revenue was up 6.2% compared to the same quarter last year. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. 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 issued a $1.71 dividend. The ex-dividend date is Tuesday, October 13th. This represents a $6.84 annualized dividend and a dividend yield of 3.0%. This is a boost from Accenture’s previous quarterly dividend of $1.63. Accenture’s dividend payout ratio (DPR) is presently 50.44%.

Accenture declared that its Board of Directors has authorized a share repurchase plan on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to purchase up to 2.4% of its shares through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research firms have recently commented on ACN. BNP Paribas Exane reduced their price target on Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, June 26th. TD Cowen upped their price objective on shares of Accenture from $193.00 to $201.00 and gave the company a “hold” rating in a report on Thursday. Royal Bank Of Canada raised their price objective on shares of Accenture from $175.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, October 2nd. Dbs Bank downgraded shares of Accenture from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Finally, 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. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $219.26.

Read Our Latest Stock Report on Accenture

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

  • Positive Sentiment: Accenture outlined a three-year plan targeting at least mid-single-digit revenue growth, with AI expected to become a net demand driver as clients move from pilot projects to broader implementation. The company highlighted AI-related work with UMass Memorial Health and expanded partnerships with Dell, Microsoft and Workday. Accenture Sees AI as Net Demand Driver
  • Positive Sentiment: Accenture plans approximately $8 billion in fiscal 2027 acquisitions to expand cybersecurity capabilities, industry expertise and other growth areas. Investors may view the spending as a catalyst for revenue growth and deeper AI offerings, although successful integration will be important. Accenture’s $8B Acquisition Push
  • Positive Sentiment: Several analysts raised their price targets after the investor day, citing Accenture’s AI opportunity and multi-year growth framework. Susquehanna increased its target to $230, while TD Cowen raised its target to $201, though both maintained non-bullish ratings. Analysts Raise Price Targets
  • Neutral Sentiment: Wells Fargo maintained a Hold rating, reflecting investor debate over whether AI-driven growth can offset slower consulting demand and execution risks. BNP Paribas similarly said Accenture’s positive tailwinds have not yet fully overcome existing headwinds. Accenture Tailwinds and Headwinds
  • Negative Sentiment: Accenture reportedly capped employees’ monthly Claude spending at $29 after some users spent as much as $1,000. The move may signal tighter control of internal AI costs and raises questions about how aggressively the company is using AI internally, despite marketing AI transformation to clients. Accenture Caps Claude Spending

Insider Activity

In other Accenture news, COO Catherine Hogan sold 1,320 shares of Accenture stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $200.00, for a total value of $264,000.00. Following the completion of the transaction, the chief operating officer directly owned 12,556 shares of the company’s stock, valued at $2,511,200. The trade was a 9.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Joel Unruch sold 10,498 shares of the business’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the sale, the general counsel owned 17,735 shares in the company, valued at $2,890,450.30. This trade represents a 37.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 12,518 shares of company stock worth $2,124,932. 0.02% of the stock is owned by corporate insiders.

About Accenture

(Free Report)

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.

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