Princeton Global Asset Management LLC reduced its stake in shares of Accenture PLC (NYSE:ACN – Free Report) by 14.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 17,735 shares of the information technology services provider’s stock after selling 2,883 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Accenture were worth $4,374,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Kelly Lawrence W & Associates Inc. CA purchased a new position in Accenture during the first quarter worth $31,000. Investors Research Corp boosted its stake in shares of Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 45 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in Accenture during the 2nd quarter worth about $33,000. Heartwood Wealth Advisors LLC acquired a new position in Accenture in the 3rd quarter valued at about $32,000. Finally, WPG Advisers LLC purchased a new position in Accenture in the 1st quarter valued at about $42,000. Institutional investors and hedge funds own 75.14% of the company’s stock.
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Beat on revenue and earnings; bookings strength. Accenture reported Q1 FY2026 revenue (~$18.7B) and EPS that topped consensus, and management said bookings rose in the double‑digits — a core reason analysts cite for confidence. Accenture Reports First-Quarter Fiscal 2026 Results
- Positive Sentiment: AI momentum and client adoption. Management said roughly 100 incremental clients started AI projects over nine quarters and emphasized AI bookings as a growth driver — a positive catalyst for longer‑term revenue mix and margins. Accenture’s AI Momentum Impresses Analysts Despite Early-Stage Rollouts
- Positive Sentiment: Strategic government/AI partnerships. Accenture Federal Services announced work with the U.S. Department of Energy’s Genesis Mission — a high‑profile AI initiative that can expand federal revenue and credibility in cutting‑edge AI services. Accenture Partners With U.S. Department of Energy
- Positive Sentiment: Dividend and cash flow strength. Company declared a quarterly dividend ($1.63 per share) and reported stronger operating cash flow, supporting shareholder returns and the balance sheet. (Dividend announcement included in company filings.)
- Positive Sentiment: Institutional endorsement. The Aoris International Fund flagged a positive outlook on Accenture in its investor letter, signaling continued institutional interest. Aoris International Fund Has a Positive Outlook on Accenture
- Neutral Sentiment: Analyst moves are mixed. TD Cowen raised its target to $300 (buy), Susquehanna nudged its target to $277 (neutral). These adjustments show differing views on upside but don’t move consensus decisively. TD Cowen Adjusts Price Target Susquehanna Adjusts Price Target
- Negative Sentiment: Near‑term revenue guidance disappointed some. Management’s Q2 revenue range and FY revenue midpoint were viewed as slightly conservative versus Street expectations, prompting profit‑taking despite the beat. Accenture dips despite Q1 beat, Q2 revenue outlook below estimates
- Negative Sentiment: Mixed investor concerns about AI’s long‑term impact and recent stock weakness. Some commentaries point to investor worry over how AI changes demand dynamics and note ACN’s price has pulled back from earlier highs — factors that can amplify volatility. Accenture stock price dropped after earnings
Accenture Stock Up 1.0%
Accenture (NYSE:ACN – Get Free Report) last issued its earnings results 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 return on equity of 26.65% and a net margin of 10.76%.The business had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. During the same period last year, the company posted $3.59 EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.
Accenture Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s payout ratio is currently 53.66%.
Insider Transactions at Accenture
In other Accenture news, CEO Julie Spellman Sweet sold 5,917 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the completion of the sale, the chief executive officer directly owned 8,599 shares in the company, valued at $2,120,685.38. The trade was a 40.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Manish Sharma sold 6,902 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares of the company’s stock, valued at $465,018.60. The trade was a 78.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 33,319 shares of company stock worth $8,335,225. 0.02% of the stock is currently owned by company insiders.
Analyst Ratings Changes
A number of brokerages have recently commented on ACN. Citigroup upgraded shares of Accenture to a “hold” rating in a report on Thursday, October 23rd. BMO Capital Markets restated a “market perform” rating and set a $300.00 target price on shares of Accenture in a research report on Thursday. Guggenheim boosted their price target on Accenture from $285.00 to $305.00 and gave the company a “buy” rating in a report on Monday, December 15th. Evercore ISI reissued an “outperform” rating and set a $300.00 price target on shares of Accenture in a research note on Thursday. Finally, UBS Group set a $320.00 price objective on Accenture in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Accenture currently has a consensus rating of “Moderate Buy” and an average price target of $298.29.
Check Out Our Latest Stock Analysis on ACN
About Accenture
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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