What you have is a semi auto battle rifle that was designed to do exactly what it's doing for you.
They are capable of better but without tinkering with it, that's what it was made to do.
Here's what you can do that I have personally noticed makes a difference for accuracy in the design.
Get good quality ammo (most important)
Do a trigger job to reduce the sear engagement and lighten the trigger (don't do it unless you know what you're doing)
Shim the gas system. Will make your groups more consistent (Or "unify" it. Fancy talk for weld it solid to the barrel...)
Put an optic on it (obvious considering the ability to shoot more accurately at distance with a scope...)
Astounding accuracy and M14 are not very close as the crow flies. For a semi auto battle rifle, it's one of the best rifles ever made in my personal opinion. But it's not a tack driving bolt gun.
A lot of people drop many hundreds of dollars, sometimes thousands, to make them do what a $300 Savage bolt gun can do out of the box lol And even then their "results" are usually so negligible that I can't even attribute it to wether they have a US op rod spring guide or not. It's gets to the point of being borderline retarded in my opinion but to each their own eh
I've never found much logic or any verifiable evidence or explanation for a lot of the other "upgrades" people say makes their rifles shoot 1/2 MOA etc etc....