Swiss Life Asset Management Ltd Increases Position in Accenture PLC $ACN

Swiss Life Asset Management Ltd boosted its holdings in Accenture PLC (NYSE:ACN) by 19.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 299,277 shares of the information technology services provider’s stock after purchasing an additional 48,869 shares during the period. Swiss Life Asset Management Ltd’s holdings in Accenture were worth $73,802,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Running Oak Capital LLC increased its holdings in Accenture by 14.3% in the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock valued at $14,190,000 after buying an additional 7,190 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of Accenture in the 2nd quarter worth approximately $2,658,000. Weitz Investment Management Inc. grew its position in shares of Accenture by 28.8% in the 3rd quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock worth $39,592,000 after acquiring an additional 35,900 shares in the last quarter. Norges Bank bought a new stake in shares of Accenture in the 2nd quarter valued at approximately $2,216,850,000. Finally, D.A. Davidson & CO. raised its position in shares of Accenture by 17.4% during the 3rd quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock valued at $63,771,000 after acquiring an additional 38,325 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling

In other Accenture news, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the sale, the chief accounting officer owned 8,179 shares in the company, valued at approximately $2,298,380.79. This trade represents a 30.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Joel Unruch sold 1,026 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $281.70, for a total value of $289,024.20. Following the transaction, the general counsel owned 27,181 shares of the company’s stock, valued at approximately $7,656,887.70. This represents a 3.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 22,088 shares of company stock valued at $5,970,434 in the last ninety days. Insiders own 0.02% of the company’s stock.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Q2 results topped estimates on EPS and revenue and showed healthy margins and ROE — a fundamental beat that supports earnings durability. Accenture Q2 Press Release
• Positive Sentiment: Strategic AI partnerships (Databricks, Microsoft) and product/engineering initiatives reinforce Accenture’s positioning in enterprise AI — a multi‑year growth driver if adoption continues. Accenture, Databricks Enable Enterprise Adoption of AI Apps and Agents
• Positive Sentiment: Partnerships on supply‑chain and retail deployments (e.g., RELEX / Lowe’s) could expand enterprise traction and recurring services revenue. RELEX & Lowe’s partnership
• Neutral Sentiment: Analyst and media previews highlight Accenture’s strong earnings‑surprise history — supportive context but not new catalyst. Will Accenture Beat Estimates Again?
• Neutral Sentiment: Investor presentations/transcripts on AI strategy underline long‑term focus; useful for sentiment but unlikely to move near‑term results by itself. AI Strategy Presentation Transcript
• Neutral Sentiment: Small institutional buying reported (Achmea increased stake) — marginally supportive but not market-moving. Achmea Increases Position
• Negative Sentiment: Management warned quarterly revenue will be below estimates as clients stay cautious on large IT transformation projects — the primary driver of the negative market reaction. Accenture forecasts revenue below estimates (Reuters)
• Negative Sentiment: Analyst price‑target cuts and lowered expectations (TD Cowen, Morgan Stanley) amplify downward pressure by signaling slower near‑term growth or margin risk. TD Cowen Cuts PT Morgan Stanley Lowers Expectations
• Negative Sentiment: Pre‑earnings commentary warned of outsized downside risk to the share price if guidance disappointed, which likely increased volatility around the print. Investopedia pre-earnings note

Accenture Stock Performance

ACN stock opened at $194.77 on Thursday. Accenture PLC has a 1 year low of $188.73 and a 1 year high of $326.73. The stock has a market capitalization of $119.90 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 1.88 and a beta of 1.27. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The stock’s fifty day moving average is $237.56 and its two-hundred day moving average is $247.47.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, March 19th. The information technology services provider reported $2.93 EPS for the quarter, topping the consensus estimate of $2.87 by $0.06. The business had revenue of $18.04 billion during the quarter, compared to analyst estimates of $17.80 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Analysts Set New Price Targets

ACN has been the subject of a number of research reports. Susquehanna lifted their price objective on shares of Accenture from $270.00 to $277.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Piper Sandler set a $282.00 price target on shares of Accenture in a research report on Thursday, March 5th. Evercore reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Wells Fargo & Company increased their price objective on shares of Accenture from $251.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 14th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $300.00 target price on shares of Accenture in a report on Thursday, December 18th. Eighteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus target price of $286.19.

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.