Accenture PLC $ACN Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lessened its holdings in shares of Accenture PLC (NYSE:ACN) by 43.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,359 shares of the information technology services provider’s stock after selling 16,943 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Accenture were worth $5,514,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Running Oak Capital LLC increased its position in Accenture by 14.3% during the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock worth $14,190,000 after purchasing an additional 7,190 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Accenture during the 2nd quarter worth approximately $2,658,000. Weitz Investment Management Inc. raised its position in shares of 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 valued at $39,592,000 after buying an additional 35,900 shares during the period. Norges Bank acquired a new position in Accenture in the second quarter valued at approximately $2,216,850,000. Finally, D.A. Davidson & CO. grew its position in Accenture by 17.4% in the third quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after acquiring an additional 38,325 shares during the period. 75.14% of the stock is owned by hedge funds and other institutional investors.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Q2 results topped estimates on EPS and revenue and showed healthy margins and ROE — a fundamental beat that supports earnings durability. Accenture Q2 Press Release
• Positive Sentiment: Strategic AI partnerships (Databricks, Microsoft) and product/engineering initiatives reinforce Accenture’s positioning in enterprise AI — a multi‑year growth driver if adoption continues. Accenture, Databricks Enable Enterprise Adoption of AI Apps and Agents
• Positive Sentiment: Partnerships on supply‑chain and retail deployments (e.g., RELEX / Lowe’s) could expand enterprise traction and recurring services revenue. RELEX & Lowe’s partnership
• Neutral Sentiment: Analyst and media previews highlight Accenture’s strong earnings‑surprise history — supportive context but not new catalyst. Will Accenture Beat Estimates Again?
• Neutral Sentiment: Investor presentations/transcripts on AI strategy underline long‑term focus; useful for sentiment but unlikely to move near‑term results by itself. AI Strategy Presentation Transcript
• Neutral Sentiment: Small institutional buying reported (Achmea increased stake) — marginally supportive but not market-moving. Achmea Increases Position
• Negative Sentiment: Management warned quarterly revenue will be below estimates as clients stay cautious on large IT transformation projects — the primary driver of the negative market reaction. Accenture forecasts revenue below estimates (Reuters)
• Negative Sentiment: Analyst price‑target cuts and lowered expectations (TD Cowen, Morgan Stanley) amplify downward pressure by signaling slower near‑term growth or margin risk. TD Cowen Cuts PT Morgan Stanley Lowers Expectations
• Negative Sentiment: Pre‑earnings commentary warned of outsized downside risk to the share price if guidance disappointed, which likely increased volatility around the print. Investopedia pre-earnings note

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Evercore reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Accenture in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Accenture from $280.00 to $230.00 and set a “hold” rating for the company in a research note on Friday, March 6th. UBS Group restated a “buy” rating on shares of Accenture in a report on Tuesday. Susquehanna boosted their target price on Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Finally, Truist Financial lowered their price target on Accenture from $317.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, March 10th. Eighteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Accenture has an average rating of “Moderate Buy” and an average target price of $286.19.

Insiders Place Their Bets

In other Accenture news, General Counsel Joel Unruch sold 1,332 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the sale, the general counsel directly owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. This represents a 4.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Manish Sharma sold 2,731 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the transaction, the insider owned 7,057 shares of the company’s stock, valued at approximately $2,033,333.41. The trade was a 27.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 22,088 shares of company stock worth $5,970,434. Corporate insiders own 0.02% of the company’s stock.

Accenture Stock Performance

Shares of ACN stock opened at $194.77 on Thursday. The firm has a 50 day moving average of $237.56 and a two-hundred day moving average of $247.47. The stock has a market capitalization of $119.90 billion, a PE ratio of 16.10, a P/E/G ratio of 1.88 and a beta of 1.27. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 52 week low of $188.73 and a 52 week high of $326.73.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.06. The business had revenue of $18.04 billion for the quarter, compared to analyst estimates of $17.80 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

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.