MassMutual Private Wealth & Trust FSB lessened its stake in Accenture PLC (NYSE:ACN – Free Report) by 7.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,552 shares of the information technology services provider’s stock after selling 4,380 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Accenture were worth $13,206,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ACN. Absher Wealth Management LLC purchased a new position in shares of Accenture in the 3rd quarter worth $1,114,000. Cerity Partners LLC lifted its stake in shares of Accenture by 5.6% during the 3rd quarter. Cerity Partners LLC now owns 401,646 shares of the information technology services provider’s stock worth $99,044,000 after acquiring an additional 21,135 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of Accenture by 29.0% during the third quarter. CoreCap Advisors LLC now owns 618 shares of the information technology services provider’s stock valued at $152,000 after purchasing an additional 139 shares during the period. Gladstone Institutional Advisory LLC grew its stake in Accenture by 3.7% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 7,650 shares of the information technology services provider’s stock worth $1,886,000 after acquiring an additional 275 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Accenture by 0.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 26,415 shares of the information technology services provider’s stock worth $6,514,000 after purchasing an additional 117 shares during the period. 75.14% of the stock is owned by institutional investors.
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture agreed to acquire Faculty, a UK-based AI-native services and products firm — a deal that accelerates Accenture’s AI capabilities and go-to-market for client AI transformations. Accenture to Acquire Faculty to Scale AI Capabilities
- Positive Sentiment: Truist initiated coverage with a buy rating, providing fresh analyst support that can boost investor confidence and demand. Accenture initiated with a buy at Truist
- Positive Sentiment: Partnership with NTT DOCOMO GLOBAL to launch a Universal Wallet Infrastructure highlights Accenture’s push into large-scale digital identity/data-led projects — a potential revenue and strategic growth driver. NTT DOCOMO GLOBAL and Accenture Launch Universal Wallet Infrastructure
- Neutral Sentiment: Rothschild & Co Redburn nudged its price target slightly higher to $210 but maintained a neutral rating — the PT remains well below current levels, limiting upside from this particular update. Rothschild & Co Redburn adjusts PT
- Negative Sentiment: Coverage questioning softer public‑sector demand raises concerns about near-term consulting revenue resilience in that end market. Is Softer Public-Sector Demand Undermining the Resilience of Accenture’s Consulting Engine?
- Negative Sentiment: An insider sale: General Counsel Joel Unruch sold 1,332 shares (~$275 avg), trimming his stake ~4.5% — a modest negative signal though not unusually large given his remaining holdings. SEC Filing – Insider Sale
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on Accenture
Insider Activity
In other Accenture news, CEO Julie Spellman Sweet sold 9,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00. Following the sale, the chief executive officer owned 23,516 shares of the company’s stock, valued at approximately $5,868,888.12. This represents a 27.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Manish Sharma sold 6,902 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total value of $1,725,569.02. Following the sale, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. The trade was a 78.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 34,651 shares of company stock worth $8,701,525 in the last 90 days. Corporate insiders own 0.02% of the company’s stock.
Accenture Trading Up 4.3%
NYSE:ACN opened at $275.31 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The firm has a market cap of $169.48 billion, a PE ratio of 22.75, a price-to-earnings-growth ratio of 2.55 and a beta of 1.25. The stock has a fifty day moving average price of $258.52 and a 200 day moving average price of $259.72.
Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.
Accenture Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.4%. Accenture’s payout ratio is presently 53.88%.
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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