Accenture PLC $ACN Shares Sold by Sit Investment Associates Inc.

Sit Investment Associates Inc. reduced its stake in Accenture PLC (NYSE:ACN) by 12.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,272 shares of the information technology services provider’s stock after selling 8,741 shares during the period. Sit Investment Associates Inc.’s holdings in Accenture were worth $16,439,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Weitz Investment Management Inc. increased its holdings in Accenture by 28.8% during the 3rd quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock worth $39,592,000 after purchasing an additional 35,900 shares during the period. Teacher Retirement System of Texas grew its position in shares of Accenture by 27.7% during the fourth quarter. Teacher Retirement System of Texas now owns 282,340 shares of the information technology services provider’s stock worth $75,752,000 after buying an additional 61,314 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Accenture by 197.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 141,484 shares of the information technology services provider’s stock worth $37,960,000 after buying an additional 93,880 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Accenture by 36.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 557,516 shares of the information technology services provider’s stock valued at $149,582,000 after acquiring an additional 149,357 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Accenture by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider’s stock worth $17,726,831,000 after acquiring an additional 854,361 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture beat Q3 EPS estimates, reporting $3.80 per share versus $3.70 expected, and revenue rose 5.6% year over year, showing the business is still growing. Accenture Reports Third-Quarter Fiscal 2026 Results
• Positive Sentiment: Managed services and cybersecurity remain bright spots, with the company also announcing cybersecurity-related deals and acquisitions that could support longer-term growth. Cybersecurity platform announcement
• Neutral Sentiment: Analysts and commentary continue to frame the weakness as partly tied to slower enterprise AI adoption, with some arguing Accenture could benefit later as an AI implementation partner rather than being structurally impaired.
• Negative Sentiment: The biggest pressure point is the reduced revenue outlook, which suggests customers are still cautious on discretionary IT spending and consulting projects. Top Midday Decliners
• Negative Sentiment: Several brokerages turned more cautious, including William Blair’s downgrade to “market perform” and BNP Paribas Exane’s lower price target, adding to the pressure on the stock. William Blair downgrade
• Negative Sentiment: Revenue missed consensus in the quarter, reinforcing concerns that growth is slowing even though profitability remains solid.

Insider Buying and Selling at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at approximately $2,267,746.28. This trade represents a 27.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Accenture Price Performance

Shares of ACN opened at $126.75 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.34. Accenture PLC has a 1-year low of $125.60 and a 1-year high of $307.77. The stock has a market cap of $84.34 billion, a PE ratio of 10.38, a price-to-earnings-growth ratio of 1.48 and a beta of 1.08. The firm has a fifty day moving average price of $178.10 and a 200 day moving average price of $219.00.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The business had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.75 billion. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The business’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, sell-side analysts anticipate that Accenture PLC will post 13.83 EPS for the current year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be paid a $1.63 dividend. The ex-dividend date is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a yield of 5.1%. Accenture’s payout ratio is currently 53.40%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ACN shares. JPMorgan Chase & Co. dropped their price objective on shares of Accenture from $247.00 to $201.00 and set an “overweight” rating on the stock in a research report on Monday, June 8th. Jefferies Financial Group lowered their target price on shares of Accenture from $210.00 to $185.00 and set a “hold” rating for the company in a research note on Monday. Guggenheim cut their price target on Accenture from $250.00 to $225.00 and set a “buy” rating on the stock in a research note on Thursday, June 11th. Truist Financial downgraded Accenture from a “buy” rating to a “hold” rating and decreased their price target for the stock from $260.00 to $210.00 in a report on Monday, June 1st. Finally, Stifel Nicolaus lowered their price objective on Accenture from $315.00 to $270.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Sixteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $232.41.

Accenture Company 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.