First Manhattan CO. LLC. Sells 5,627 Shares of Accenture PLC $ACN

First Manhattan CO. LLC. reduced its stake in shares of Accenture PLC (NYSE:ACN) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 474,610 shares of the information technology services provider’s stock after selling 5,627 shares during the quarter. First Manhattan CO. LLC. owned about 0.08% of Accenture worth $127,338,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Jaffetilchin Investment Partners LLC grew its position in shares of Accenture by 4.2% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 878 shares of the information technology services provider’s stock worth $236,000 after buying an additional 35 shares during the period. Clayton Financial Group LLC grew its position in shares of Accenture by 13.1% during the 4th quarter. Clayton Financial Group LLC now owns 329 shares of the information technology services provider’s stock worth $88,000 after buying an additional 38 shares during the period. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. increased its position in shares of Accenture by 0.9% in the 3rd quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 4,416 shares of the information technology services provider’s stock valued at $1,089,000 after buying an additional 41 shares in the last quarter. Peak Asset Management LLC increased its position in shares of Accenture by 0.8% in the 4th quarter. Peak Asset Management LLC now owns 5,447 shares of the information technology services provider’s stock valued at $1,461,000 after buying an additional 43 shares in the last quarter. Finally, SkyView Investment Advisors LLC increased its position in shares of Accenture by 1.2% in the 2nd quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock valued at $1,108,000 after buying an additional 43 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a multi-year collaboration with Unilever to expand AI-enabled digital twins across global manufacturing, which could strengthen its AI and digital transformation pipeline. Unilever Scales Digital Twins Across Global Manufacturing Network with Accenture
• Positive Sentiment: The company also agreed to acquire Alfahealth and Industries eXcellence Group, expanding its healthcare, industrial software, and automation capabilities in Europe. Accenture to Acquire Alfahealth
• Positive Sentiment: Investors are watching for earnings to show stronger AI-related gains and bookings, which could reassure the market if management delivers a solid outlook. Accenture preview: investors look for AI gains, bookings strength
• Neutral Sentiment: Accenture is set to report fiscal Q3 earnings before the bell Thursday, and traders expect a potentially significant post-earnings move. Here’s How Much Accenture Stock Is Expected to Move After Earnings
• Neutral Sentiment: Jefferies assigned a Hold rating, while Susquehanna cut its price target, signaling a more cautious view ahead of results. Accenture (ACN) Receives a Hold from Jefferies
• Negative Sentiment: Analyst commentary from Susquehanna and JPMorgan reflects slower growth expectations, with one report noting 2026 is “close to plan” but not a clear upside surprise. Accenture in focus as Susquehanna lowers price target
• Negative Sentiment: Jim Cramer said Accenture is being outcompeted by AI leaders such as OpenAI and Anthropic, reinforcing investor concern that the company may be lagging in the AI race. Jim Cramer Agrees That Accenture Is “Being Outcompeted By OpenAI and Anthropic”

Wall Street Analysts Forecast Growth

ACN has been the subject of a number of recent analyst reports. TD Cowen lowered their price objective on shares of Accenture from $282.00 to $258.00 and set a “buy” rating for the company in a research report on Monday, June 8th. Royal Bank Of Canada lowered their price objective on shares of Accenture from $295.00 to $253.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Jefferies Financial Group lowered their price objective on shares of Accenture from $210.00 to $185.00 and set a “hold” rating for the company in a research report on Monday. BMO Capital Markets lowered their price objective on shares of Accenture from $300.00 to $230.00 and set a “market perform” rating for the company in a research report on Friday, March 20th. Finally, Berenberg Bank set a $220.00 price objective on shares of Accenture in a research report on Wednesday. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $242.41.

Accenture Price Performance

ACN stock opened at $156.21 on Thursday. The stock has a 50-day moving average price of $179.51 and a two-hundred day moving average price of $219.86. The stock has a market cap of $103.95 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.08. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16. Accenture PLC has a 1 year low of $155.82 and a 1 year high of $314.20.

Accenture (NYSE:ACN) last released its earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.09. The firm had revenue of $18.04 billion during the quarter, compared to analysts’ expectations of $17.80 billion. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The company’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.82 EPS. Equities analysts forecast that Accenture PLC will post 13.83 EPS for the current fiscal year.

Insider Transactions at Accenture

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the transaction, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. This represents a 27.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

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.