Bridges Investment Management Inc. cut its holdings in shares of Accenture PLC (NYSE:ACN – Free Report) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,310 shares of the information technology services provider’s stock after selling 4,641 shares during the period. Bridges Investment Management Inc.’s holdings in Accenture were worth $18,328,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Board of the Pension Protection Fund purchased a new stake in shares of Accenture during the fourth quarter valued at $27,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Accenture during the fourth quarter valued at $27,000. Triumph Capital Management bought a new position in Accenture in the third quarter valued at about $26,000. Private Wealth Management Group LLC boosted its position in Accenture by 96.4% in the fourth quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 53 shares during the last quarter. Finally, Steph & Co. boosted its position in Accenture by 107.5% in the fourth quarter. Steph & Co. now owns 110 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 57 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Accenture
Accenture Price Performance
Accenture stock opened at $186.27 on Wednesday. The stock has a market cap of $123.95 billion, a price-to-earnings ratio of 15.26, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. 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 $155.82 and a 1 year high of $321.77. The firm has a 50-day moving average of $185.57 and a two-hundred day moving average of $226.05.
Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings data on Friday, March 20th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.09. The company had revenue of $18.04 billion during the quarter, compared to analysts’ expectations of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.82 EPS. On average, research analysts forecast that Accenture PLC will post 13.87 earnings per share for the current year.
Accenture Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 9th were given a dividend of $1.63 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a yield of 3.5%. Accenture’s dividend payout ratio (DPR) is 53.40%.
Key Headlines Impacting Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture continues to build out its AI strategy, including a new joint venture with Mitsubishi Chemical to create an AI-driven digital platform, along with other recent AI partnerships and investments that could support longer-term growth. Accenture (ACN) Mitsubishi Chemical forms Joint Venture for AI-driven Reinvention
- Neutral Sentiment: Accenture said it will report third-quarter fiscal 2026 results on June 18, which keeps attention on upcoming execution and guidance. Accenture to Announce Third-Quarter Fiscal 2026 Results
- Negative Sentiment: Deutsche Bank cut its price target on Accenture to $199 from $210 and kept a hold rating, signaling more limited near-term upside. MarketScreener Deutsche Bank adjusts Accenture PT
- Negative Sentiment: Citi also lowered its price target to $195 from $215 and reiterated a neutral rating, while Truist downgraded the stock from buy to hold and warned that core revenue could be at risk despite AI momentum. Benzinga / analyst downgrade coverage
- Negative Sentiment: Recent market coverage noted Accenture’s shares have been weak year to date, and the stock’s recent decline reflects continued investor caution around growth expectations and valuation. Assessing Accenture (NYSE:ACN) Valuation After New AI Partnerships Copilot 365 Rollout And Aera Technology Investment
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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