Arrowstreet Capital Limited Partnership Sells 30,534 Shares of Accenture PLC $ACN

Arrowstreet Capital Limited Partnership decreased its position in shares of Accenture PLC (NYSE:ACN) by 30.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 69,281 shares of the information technology services provider’s stock after selling 30,534 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Accenture were worth $13,738,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ACN. Brighton Jones LLC lifted its stake in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock valued at $6,486,000 after purchasing an additional 4,905 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of Accenture by 46.9% during the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after purchasing an additional 660 shares during the period. United Bank boosted its position in shares of Accenture by 49.8% during the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock worth $1,088,000 after purchasing an additional 1,209 shares in the last quarter. Bank of Nova Scotia grew its stake in shares of Accenture by 23.0% in the 2nd quarter. Bank of Nova Scotia now owns 828 shares of the information technology services provider’s stock valued at $247,000 after buying an additional 155 shares during the period. Finally, Main Street Financial Solutions LLC increased its position in Accenture by 4.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 1,767 shares of the information technology services provider’s stock valued at $528,000 after buying an additional 72 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, General Counsel Joel Unruch sold 10,498 shares of the stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $162.98, for a total value of $1,710,964.04. Following the sale, the general counsel directly owned 17,735 shares of the company’s stock, valued at approximately $2,890,450.30. This represents a 37.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Accenture Trading Up 1.9%

Shares of ACN opened at $166.34 on Friday. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The business has a 50-day moving average of $152.56 and a 200 day moving average of $191.12. The firm has a market cap of $111.08 billion, a P/E ratio of 13.29, a price-to-earnings-growth ratio of 1.69 and a beta of 1.13. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, beating the consensus estimate of $3.70 by $0.10. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The business had revenue of $18.72 billion for the quarter, compared to the consensus estimate of $18.78 billion. During the same period in the prior year, the firm earned $3.49 earnings per share. The company’s revenue was up 5.6% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, research analysts forecast that Accenture PLC will post 13.85 EPS for the current year.

Accenture declared that its Board of Directors has approved a stock buyback program on Tuesday, June 23rd that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the information technology services provider to reacquire up to 2.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be given a dividend of $1.63 per share. The ex-dividend date is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 3.9%. Accenture’s dividend payout ratio is currently 52.08%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ACN shares. Robert W. Baird set a $190.00 price target on shares of Accenture in a research note on Thursday, June 18th. Oppenheimer set a $201.00 price target on Accenture in a report on Monday, June 8th. DA Davidson reduced their target price on shares of Accenture from $275.00 to $175.00 and set a “buy” rating for the company in a research note on Tuesday, June 23rd. Berenberg Bank reduced their price objective on shares of Accenture from $273.00 to $220.00 and set a “buy” rating for the company in a research report on Wednesday, June 17th. Finally, Guggenheim reduced their price objective on Accenture from $225.00 to $185.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. Twelve research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $192.96.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: UniCredit digital-transformation deal: Accenture and IBM are collaborating with UniCredit to build a next-generation European banking platform. The project reinforces Accenture’s position in large, strategic technology-transformation contracts and could support future bookings and revenue. UniCredit, Accenture and IBM Collaborate to Build Europe’s Next-Generation Banking Platform
• Positive Sentiment: AI strategy remains a potential catalyst: Coverage highlighted Accenture’s investments in artificial intelligence and its Edge business as opportunities to capture demand for AI implementation and enterprise modernization. Successful execution could improve growth prospects and sentiment toward the stock. Why Is Accenture Strengthening Its AI Strategy?
• Positive Sentiment: Deeply discounted valuation: Analysts noted that ACN trades at roughly 12 times fiscal 2026 earnings following a steep decline, with an approximately 4% dividend yield. The valuation has prompted cautious views that the market may be pricing in more permanent business damage than ultimately occurs. ACN Got Cheaper. The Business Did Not Get Worse
• Neutral Sentiment: Insider selling disclosed: General Counsel Joel Unruch sold 10,498 shares for about $1.7 million, reducing his holdings by 37.2%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it offers limited insight into current management expectations. Accenture Insider Trading Filing
• Negative Sentiment: Execution concerns remain: Accenture’s organic growth is weak and bookings have declined, while Capgemini’s stronger performance suggests that some of ACN’s pressure may reflect company-specific execution issues rather than industry conditions. AI initiatives are promising, but their ability to scale and expand margins remains unproven. Accenture: The Market Is Pricing In Too Much Permanent Damage

Accenture Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.