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: 774,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
61% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 117
36% more call options, than puts
Call options by funds: $1.59B | Put options by funds: $1.17B
24% more capital invested
Capital invested by funds: $150B [Q2] → $186B (+$35.6B) [Q3]
23% more funds holding in top 10
Funds holding in top 10: 75 [Q2] → 92 (+17) [Q3]
2.06% more ownership
Funds ownership: 73.71% [Q2] → 75.76% (+2.06%) [Q3]
2% more funds holding
Funds holding: 2,266 [Q2] → 2,300 (+34) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 900 | Existing positions reduced: 919
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
BMO Capital Keith Bachman 78% 1-year accuracy 46 / 59 met price target | 22%upside $425 | Market Perform Maintained | 20 Dec 2024 |
Jefferies Surinder Thind 64% 1-year accuracy 7 / 11 met price target | 10%upside $385 | Hold Maintained | 20 Dec 2024 |
UBS Kevin Mcveigh 45% 1-year accuracy 5 / 11 met price target | 30%upside $455 | Buy Maintained | 20 Dec 2024 |
Piper Sandler Arvind Ramnani 86% 1-year accuracy 49 / 57 met price target | 23%upside $429 | Overweight Maintained | 19 Dec 2024 |
JP Morgan Tien-Tsin Huang 71% 1-year accuracy 72 / 102 met price target | 13%upside $396 | Overweight Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 36 articles about ACN published over the past 30 days
