AccentureACN
About: Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.
Employees: 750,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more call options, than puts
Call options by funds: $1.38B | Put options by funds: $1.17B
11% more repeat investments, than reductions
Existing positions increased: 953 | Existing positions reduced: 861
2% less funds holding
Funds holding: 2,296 [Q1] → 2,251 (-45) [Q2]
2.77% less ownership
Funds ownership: 72.77% [Q1] → 70.0% (-2.77%) [Q2]
16% less capital invested
Capital invested by funds: $169B [Q1] → $143B (-$26.2B) [Q2]
21% less first-time investments, than exits
New positions opened: 165 | Existing positions closed: 210
24% less funds holding in top 10
Funds holding in top 10: 99 [Q1] → 75 (-24) [Q2]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Barclays Ramsey El-Assal 60% 1-year accuracy 26 / 43 met price target | 15%upside $415 | Overweight Maintained | 30 Sept 2024 |
TD Cowen Bryan Bergin 77% 1-year accuracy 17 / 22 met price target | 11%upside $400 | Buy Upgraded | 30 Sept 2024 |
UBS Kevin Mcveigh 64% 1-year accuracy 9 / 14 met price target | 15%upside $415 | Buy Maintained | 27 Sept 2024 |
Guggenheim Jonathan Lee 50% 1-year accuracy 2 / 4 met price target | 10%upside $395 | Buy Maintained | 27 Sept 2024 |
BMO Capital Keith Bachman 81% 1-year accuracy 29 / 36 met price target | 8%upside $390 | Market Perform Maintained | 27 Sept 2024 |
Financial journalist opinion
Based on 66 articles about ACN published over the past 30 days