10 Oversold Dividend Stocks To Buy According to Hedge Funds

6. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 69

Accenture plc (NYSE:ACN) is a multinational tech company that offers information technology services and management consulting. The company has recently announced plans to acquire Maryville Consulting Group, a US-based technology consulting firm known for its expertise in product-focused growth strategies, digital operations, and technology business management (TBM). With over 100 professionals, Maryville’s team will become part of Accenture, enhancing its ability to support clients in aligning technology investments with strategic business goals as they pursue transformation.

Accenture plc (NYSE:ACN) reported strong earnings in fiscal Q3 2025. The company posted revenue of $17.7 billion, which showed a 7.6% growth from the same period last year. The company reported quarterly bookings exceeding $100 million, supported by broad-based growth and ongoing expansion of its leadership in generative AI. Management emphasized that businesses are seeking both resilience and tangible outcomes, and the company’s sharp focus on delivering measurable value to clients is driving its growth and strengthening its position in the market.

Accenture plc (NYSE:ACN) also remained strong in terms of cash. The company posted a free cash flow of $3.5 billion and also returned $924 million to shareholders through dividends. It is among the best dividend stocks on our list as the company has paid uninterrupted dividends to shareholders since 2005. Currently, it offers a quarterly dividend of $1.48 per share and has a dividend yield of 2.09%, as of July 25.