Accenture plc (NYSE:ACN - Free Report) - Research analysts at Zacks Research cut their Q2 2026 earnings estimates for Accenture in a research report issued to clients and investors on Thursday, April 10th. Zacks Research analyst R. Department now anticipates that the information technology services provider will post earnings of $2.97 per share for the quarter, down from their prior estimate of $3.20. The consensus estimate for Accenture's current full-year earnings is $12.73 per share. Zacks Research also issued estimates for Accenture's Q4 2026 earnings at $3.32 EPS, FY2026 earnings at $13.14 EPS, Q1 2027 earnings at $3.57 EPS, Q2 2027 earnings at $3.27 EPS and FY2027 earnings at $14.09 EPS.
Other analysts have also recently issued reports about the company. Royal Bank of Canada decreased their target price on Accenture from $399.00 to $392.00 and set an "outperform" rating for the company in a research report on Friday, March 21st. Barclays cut their target price on shares of Accenture from $415.00 to $390.00 and set an "overweight" rating on the stock in a report on Monday, March 24th. Guggenheim lowered their price objective on shares of Accenture from $400.00 to $395.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Mizuho decreased their target price on shares of Accenture from $428.00 to $398.00 and set an "outperform" rating for the company in a research note on Wednesday, March 19th. Finally, Morgan Stanley reduced their price objective on Accenture from $380.00 to $372.00 and set an "equal weight" rating for the company in a research note on Monday, March 17th. Eight analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Accenture presently has an average rating of "Moderate Buy" and an average target price of $377.82.
View Our Latest Report on Accenture
Accenture Stock Down 1.0 %
Shares of Accenture stock traded down $2.96 during trading hours on Monday, hitting $282.28. The company had a trading volume of 2,320,335 shares, compared to its average volume of 3,006,089. The company's 50-day moving average is $326.22 and its two-hundred day moving average is $349.68. The company has a market cap of $176.80 billion, a P/E ratio of 23.68, a price-to-earnings-growth ratio of 3.23 and a beta of 1.32. Accenture has a twelve month low of $275.01 and a twelve month high of $398.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.47.
Accenture (NYSE:ACN - Get Free Report) last released its quarterly earnings data on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.01. Accenture had a net margin of 11.41% and a return on equity of 26.91%. The business had revenue of $16.70 billion during the quarter, compared to analysts' expectations of $16.64 billion. During the same period in the previous year, the company earned $2.77 EPS. The company's revenue for the quarter was up 5.7% on a year-over-year basis.
Accenture Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 10th will be issued a $1.48 dividend. The ex-dividend date is Thursday, April 10th. This represents a $5.92 dividend on an annualized basis and a dividend yield of 2.10%. Accenture's dividend payout ratio (DPR) is 48.89%.
Insider Activity at Accenture
In other news, CEO Julie Spellman Sweet sold 8,793 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $394.47, for a total transaction of $3,468,574.71. Following the sale, the chief executive officer now owns 11,858 shares in the company, valued at $4,677,625.26. This trade represents a 42.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Angela Beatty sold 169 shares of the company's stock in a transaction on Friday, April 11th. The shares were sold at an average price of $281.90, for a total value of $47,641.10. Following the completion of the transaction, the insider now owns 5,364 shares of the company's stock, valued at $1,512,111.60. The trade was a 3.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,778 shares of company stock valued at $8,408,087 over the last quarter. Insiders own 0.02% of the company's stock.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the company. Morse Asset Management Inc acquired a new position in Accenture during the third quarter valued at approximately $25,000. SkyView Investment Advisors LLC lifted its holdings in shares of Accenture by 1.9% during the 3rd quarter. SkyView Investment Advisors LLC now owns 1,796 shares of the information technology services provider's stock valued at $635,000 after acquiring an additional 33 shares in the last quarter. Anchor Investment Management LLC boosted its position in Accenture by 8.4% during the 3rd quarter. Anchor Investment Management LLC now owns 6,135 shares of the information technology services provider's stock worth $2,169,000 after purchasing an additional 474 shares during the period. Arvest Bank Trust Division purchased a new position in Accenture in the third quarter valued at about $18,115,000. Finally, Wilmington Savings Fund Society FSB lifted its stake in shares of Accenture by 2.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 41,175 shares of the information technology services provider's stock worth $14,555,000 after purchasing an additional 1,015 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.
About Accenture
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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.
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