AccentureACN
Market Cap: 206B
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 Q1 SEC filings by fund managers ($100M+ AUM)
21% more call options, than puts
Call options by funds: $1.54B | Put options by funds: $1.27B
7% more repeat investments, than reductions
Existing positions increased: 933 | Existing positions reduced: 875
6% more first-time investments, than exits
New positions opened: 177 | Existing positions closed: 167
0% more funds holding
Funds holding: 2,255 [Q4 2023] → 2,265 (+10) [Q1 2024]
1% less capital invested
Capital invested by funds: $165B [Q4 2023] → $163B (-$2.17B) [Q1 2024]
4.87% less ownership
Funds ownership: 75.07% [Q4 2023] → 70.2% (-4.87%) [Q1 2024]
28% less funds holding in top 10
Funds holding in top 10: 132 [Q4 2023] → 95 (-37) [Q1 2024]
Research analyst outlook
40 Wall Street Analysts provided 1 year price forecasts over the past 6 months
40 analyst ratings
UBS Kevin Mcveigh | 22%upside $400 | Buy Upgraded | 19 Jul 2024 |
Morgan Stanley James Faucette | 9%downside $300 | Equal-Weight Downgraded | 26 Jun 2024 |
Goldman Sachs James Schneider | 2%upside $335 | Neutral Initiated | 24 Jun 2024 |
Morgan Stanley James Faucette | 22%upside $400 | Overweight Maintained | 21 Jun 2024 |
TD Cowen Bryan Bergin | 11%downside $293 | Hold Maintained | 21 Jun 2024 |
Financial journalist opinion
Based on 21 articles about ACN published over the past 30 days