Chevy Chase Trust Holdings LLC trimmed its stake in Accenture PLC (NYSE:ACN – Free Report) by 16.2% during the third quarter, Holdings Channel reports. The fund owned 410,206 shares of the information technology services provider’s stock after selling 79,090 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Accenture were worth $101,157,000 as of its most recent filing with the SEC.
A number of other large investors have also recently added to or reduced their stakes in ACN. Brighton Jones LLC lifted its stake in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Accenture by 46.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock valued at $618,000 after buying an additional 660 shares during the last quarter. United Bank raised its holdings in Accenture by 49.8% in the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock worth $1,088,000 after acquiring an additional 1,209 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Accenture by 0.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider’s stock worth $2,689,659,000 after acquiring an additional 56,108 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in Accenture by 12.2% during the second quarter. Foundations Investment Advisors LLC now owns 2,316 shares of the information technology services provider’s stock valued at $692,000 after acquiring an additional 252 shares during the period. Institutional investors own 75.14% of the company’s stock.
Insider Activity
In related news, General Counsel Joel Unruch sold 1,026 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $281.70, for a total transaction of $289,024.20. Following the sale, the general counsel directly owned 27,181 shares in the company, valued at $7,656,887.70. This represents a 3.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John F. Walsh sold 3,986 shares of the firm’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 22,088 shares of company stock valued at $5,970,434. Corporate insiders own 0.02% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Stock Report on Accenture
Accenture Price Performance
Shares of ACN stock opened at $196.41 on Friday. The stock’s fifty day simple moving average is $241.97 and its 200 day simple moving average is $248.73. Accenture PLC has a one year low of $188.73 and a one year high of $326.73. The firm has a market cap of $120.91 billion, a price-to-earnings ratio of 16.23, a P/E/G ratio of 1.87 and a beta of 1.27. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41.
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. During the same period last year, the business earned $3.59 earnings per share. 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. On average, analysts expect that Accenture PLC will post 12.73 earnings per share for the current fiscal year.
Accenture Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th were given a $1.63 dividend. The ex-dividend date was Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 3.3%. Accenture’s payout ratio is 53.88%.
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Udacity (part of Accenture) launched an accredited MBA program aimed at training AI product leaders — a revenue/brand-positive move that strengthens Accenture’s talent pipeline and positioning in AI services. Udacity, Part of Accenture, Launches Accredited MBA to Train the Next Generation of AI Product Leaders
- Positive Sentiment: Investor research argues Accenture is well-placed to benefit from AI implementation contracts, highlighting upside from rising enterprise AI spend — a bullish narrative for medium-term revenue growth. Accenture (ACN) is Poised to Benefit from AI Implementation Contracts
- Positive Sentiment: Accenture expanded its Google Cloud partnership to help clients strengthen cloud security — a direct revenue-opportunity in managed security and cloud transformation services. Accenture Helps Organizations Strengthen Cloud Security with Google Cloud
- Positive Sentiment: A Seeking Alpha piece argues Accenture may be undervalued after prior overvaluation, presenting a valuation-based bullish case for long-term investors. Accenture: Undervalued After Years Of Overvaluation
- Neutral Sentiment: Zacks previews Accenture’s upcoming earnings and suggests the company may not have the setup for an earnings beat, signaling investor caution into the report. Accenture (ACN) Earnings Expected to Grow: Should You Buy?
- Neutral Sentiment: Reminder: Accenture is projected to post quarterly earnings this week, a scheduled catalyst that could swing the stock depending on guidance and margins. Accenture (ACN) Projected to Post Earnings on Thursday
- Negative Sentiment: Truist cut its price target on ACN to $260 (from $317) and warned of pressure on long-term estimates after its enterprise-AI checks — the downgrade dampens sentiment despite a maintained Buy rating. Truist Financial Cuts Accenture (NYSE:ACN) Price Target to $260.00 Truist Lowers Accenture (ACN) Target to $260, Warns of Pressure on Long-Term Estimates
- Negative Sentiment: Guggenheim lowered its price target on Accenture to $275, adding to analyst-driven downward pressure on the stock in the run-up to earnings. Guggenheim Lowers Accenture (NYSE:ACN) Price Target to $275.00
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.
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