Cresset Asset Management LLC Sells 3,040 Shares of Accenture PLC $ACN

Cresset Asset Management LLC reduced its position in Accenture PLC (NYSE:ACN) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 81,610 shares of the information technology services provider’s stock after selling 3,040 shares during the quarter. Cresset Asset Management LLC’s holdings in Accenture were worth $20,125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ACN. AustralianSuper Pty Ltd increased its stake in Accenture by 59.7% in the third quarter. AustralianSuper Pty Ltd now owns 16,462 shares of the information technology services provider’s stock valued at $4,060,000 after acquiring an additional 6,157 shares during the period. Claro Advisors LLC lifted its position in Accenture by 1.7% during the 3rd quarter. Claro Advisors LLC now owns 9,381 shares of the information technology services provider’s stock worth $2,313,000 after buying an additional 159 shares in the last quarter. Legato Capital Management LLC increased its stake in shares of Accenture by 31.6% in the 3rd quarter. Legato Capital Management LLC now owns 16,984 shares of the information technology services provider’s stock valued at $4,188,000 after buying an additional 4,080 shares during the period. South Dakota Investment Council grew its holdings in Accenture by 6.5% during the 3rd quarter. South Dakota Investment Council now owns 44,503 shares of the information technology services provider’s stock worth $10,974,000 after acquiring an additional 2,700 shares during the period. Finally, Hutchinson Capital Management CA raised its position in shares of Accenture by 37.2% during the 3rd quarter. Hutchinson Capital Management CA now owns 49,195 shares of the information technology services provider’s stock valued at $12,131,000 after acquiring an additional 13,342 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.

Insider Transactions at Accenture

In other news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the completion of the sale, the chief executive officer directly owned 27,221 shares in the company, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $281.01, for a total value of $1,008,263.88. Following the completion of the transaction, the chief accounting officer owned 8,179 shares in the company, valued at $2,298,380.79. The trade was a 30.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 22,088 shares of company stock worth $5,970,434. Corporate insiders own 0.02% of the company’s stock.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture agreed to acquire Ookla and the broader Connectivity assets for $1.2B to add network intelligence (Speedtest, Ekahau, Downdetector) to its data/AI stack — a clear strategic bet to help clients monitor and optimize connectivity for AI deployments. Accenture to Acquire Ookla (BusinessWire)
• Positive Sentiment: Accenture announced a collaboration with Mistral AI to help clients deploy enterprise-grade GenAI — a complementary move that supports revenue growth in Accenture’s fast-growing AI services line. Accenture Bets On Ookla And Mistral AI (Yahoo)
• Positive Sentiment: UBS and other analysts framed the Ookla purchase as a timely strategic bet on AI-driven network intelligence, supporting the narrative that the deal strengthens Accenture’s competitive positioning in enterprise AI services. UBS Sees Accenture’s Ookla Deal (Seeking Alpha)
• Neutral Sentiment: Market reaction: shares jumped intraday after the deal was announced, reflecting the market’s view that the assets are strategically valuable even as ACN remains well off prior highs. Accenture Stock Is Up, What You Need To Know (Yahoo)
• Neutral Sentiment: Ziff Davis’s sale validates the standalone value of the connectivity assets (MarketBeat coverage), explaining why Accenture paid a premium and why the acquisition could be accretive to its service offerings. Ziff Davis’s $1.2B Deal (MarketBeat)
• Neutral Sentiment: Analyst commentary (Zacks) highlights Accenture as a value play given recent price weakness and solid fundamentals, but notes investors should weigh growth vs. current valuation. Here’s Why Accenture is a Strong Value Stock (Zacks)
• Negative Sentiment: Offsetting risks: ACN has faced a sizable valuation reset (shares well below 52-week highs) amid “AI panic” narratives; slower near-term operating income and trimmed FCF guidance have left the stock vulnerable to sentiment swings and integration/execution risk for the new assets. AI Panic Has Crushed Accenture (Seeking Alpha)

Accenture Trading Up 0.8%

Shares of Accenture stock opened at $211.54 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a 50-day moving average of $250.82 and a 200-day moving average of $251.17. Accenture PLC has a 52-week low of $188.73 and a 52-week high of $348.80. The stock has a market cap of $130.23 billion, a PE ratio of 17.48, a PEG ratio of 2.02 and a beta of 1.27.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.73 by $0.21. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same quarter in the previous year, the company earned $3.59 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts forecast that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is 53.88%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ACN shares. Argus decreased their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research report on Monday, December 29th. Truist Financial assumed coverage on Accenture in a research report on Tuesday, January 6th. They set a “buy” rating and a $317.00 price target on the stock. UBS Group cut Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Guggenheim lifted their target price on Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Finally, Evercore restated an “outperform” rating and issued a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Accenture currently has a consensus rating of “Moderate Buy” and a consensus price target of $293.62.

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.