Solidarity Wealth LLC Reduces Stock Position in Accenture PLC (NYSE:ACN)

28 Jul 2025, 20:58 by Mitch Edgeman · The Markets Daily

Solidarity Wealth LLC lowered its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 8.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 695 shares of the information technology services provider’s stock after selling 64 shares during the period. Solidarity Wealth LLC’s holdings in Accenture were worth $217,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Accenture by 30,256.8% during the first quarter. GAMMA Investing LLC now owns 3,421,519 shares of the information technology services provider’s stock valued at $1,067,651,000 after buying an additional 3,410,248 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Accenture by 22.8% in the fourth quarter. Wellington Management Group LLP now owns 12,175,518 shares of the information technology services provider’s stock worth $4,283,225,000 after purchasing an additional 2,260,740 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Accenture by 16.8% in the fourth quarter. Capital Research Global Investors now owns 12,295,748 shares of the information technology services provider’s stock worth $4,325,526,000 after purchasing an additional 1,770,024 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Accenture by 2,782.1% in the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock worth $450,985,000 after purchasing an additional 1,395,135 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Accenture by 10.7% in the fourth quarter. Northern Trust Corp now owns 7,582,344 shares of the information technology services provider’s stock worth $2,667,393,000 after purchasing an additional 732,769 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Accenture in a research report on Thursday, July 17th. They set a “hold” rating and a $290.00 price objective on the stock. JPMorgan Chase & Co. boosted their price target on Accenture from $349.00 to $353.00 and gave the stock an “overweight” rating in a research report on Monday, June 16th. BMO Capital Markets lowered their price objective on Accenture from $355.00 to $325.00 and set a “market perform” rating for the company in a research note on Monday, June 23rd. Barclays lowered their price objective on Accenture from $390.00 to $360.00 and set an “overweight” rating for the company in a research note on Monday, June 23rd. Finally, Evercore ISI assumed coverage on Accenture in a research note on Thursday, July 17th. They set an “outperform” rating and a $330.00 price objective for the company. Eight analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.43.

Check Out Our Latest Research Report on ACN

Accenture Price Performance

NYSE ACN opened at $283.10 on Monday. The company has a market cap of $177.31 billion, a PE ratio of 22.54, a P/E/G ratio of 2.68 and a beta of 1.29. Accenture PLC has a 52-week low of $273.19 and a 52-week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. The firm’s 50 day moving average price is $302.60 and its 200-day moving average price is $321.87.

Accenture (NYSE:ACN – Get Free Report) last announced its earnings results on Friday, June 20th. The information technology services provider reported $3.49 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.17. The company had revenue of $17.73 billion during the quarter, compared to the consensus estimate of $17.26 billion. Accenture had a net margin of 11.61% and a return on equity of 26.55%. Accenture’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $3.13 earnings per share. Sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 10th will be issued a $1.48 dividend. The ex-dividend date is Thursday, July 10th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 2.09%. Accenture’s dividend payout ratio is currently 47.13%.

Insider Activity at Accenture

In related news, COO John F. Walsh sold 2,500 shares of the firm’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $325.00, for a total transaction of $812,500.00. Following the sale, the chief operating officer owned 15,882 shares in the company, valued at approximately $5,161,650. This trade represents a 13.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mauro Macchi sold 500 shares of the firm’s stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the sale, the chief executive officer owned 2,283 shares in the company, valued at approximately $644,582.22. This represents a 17.97% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,454 shares of company stock worth $1,646,780. Corporate insiders own 0.02% of the company’s stock.

Accenture Company Profile

(Free Report)

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.