Accenture (ACN)

• Market cap: $229B
• 1 day: -1.56%
• 5 days: 1.90%
• 1 month: 2.60%
• 3 months: 8.97%
• 6 months: 19.67%
• Year to date: 5.61%
• 1 year: 7.91%
• 5 years: 73.55%
• 10 years: 301.81%
• Sector: Industrials
• Industry: Business Services

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)

38% more call options, than puts

Call options by funds: $1.59B | Put options by funds: $1.15B

24% more first-time investments, than exits

New positions opened: 189 | Existing positions closed: 153

21% more funds holding in top 10

Funds holding in top 10: 75 [Q2] → 91 (+16) [Q3]

12% more capital invested

Capital invested by funds: $147B [Q2] → $164B (+$17B) [Q3]

2.01% more ownership

Funds ownership: 72.38% [Q2] → 74.39% (+2.01%) [Q3]

2% more funds holding

Funds holding: 2,261 [Q2] → 2,297 (+36) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 899 | Existing positions reduced: 917

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $360 2% downside
• Avg. target: $402 10% upside
• High target: $455 24% upside

13 analyst ratings

• positive: 9 69%
• neutral: 4 31%
• negative: 0 0%

BMO Capital Keith Bachman 80% 1-year accuracy 47 / 59 met price target	16% upside $425	Market Perform Maintained	20 Dec 2024
Jefferies Surinder Thind 75% 1-year accuracy 9 / 12 met price target	5% upside $385	Hold Maintained	20 Dec 2024
UBS Kevin Mcveigh 38% 1-year accuracy 5 / 13 met price target	24% upside $455	Buy Maintained	20 Dec 2024
Piper Sandler Arvind Ramnani 86% 1-year accuracy 49 / 57 met price target	17% upside $429	Overweight Maintained	19 Dec 2024
JP Morgan Tien-Tsin Huang 70% 1-year accuracy 72 / 103 met price target	8% upside $396	Overweight Maintained	16 Dec 2024