Rockefeller Capital Management L.P. Has $56.45 Million Position in Accenture PLC $ACN

Rockefeller Capital Management L.P. trimmed its stake in shares of Accenture PLC (NYSE:ACN) by 15.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 210,391 shares of the information technology services provider’s stock after selling 38,622 shares during the period. Rockefeller Capital Management L.P.’s holdings in Accenture were worth $56,448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Triumph Capital Management bought a new position in Accenture in the 3rd quarter valued at $26,000. Board of the Pension Protection Fund acquired a new position in shares of Accenture during the fourth quarter valued at $27,000. Laurel Wealth Advisors LLC bought a new position in Accenture in the fourth quarter valued at about $27,000. McMillan Office Inc. acquired a new stake in shares of Accenture during the 4th quarter worth approximately $27,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new stake in Accenture during the 4th quarter worth $27,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on ACN shares. William Blair downgraded Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a research report on Tuesday, June 9th. Oppenheimer set a $201.00 price target on Accenture in a research note on Monday, June 8th. Susquehanna cut their price target on shares of Accenture from $222.00 to $186.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $150.00 price objective on shares of Accenture in a research note on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and an average price target of $226.19.

Insiders Place Their Bets

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of Accenture stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total value of $863,026.08. Following the transaction, the chief executive officer owned 12,802 shares of the company’s stock, 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 filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture beat quarterly EPS expectations and reported 5.6% year-over-year revenue growth, showing the business is still growing despite a tougher backdrop.
• Positive Sentiment: The company announced a quarterly dividend of $1.63 per share, which may appeal to income-focused investors and signals ongoing cash-return capacity.
• Positive Sentiment: Accenture is expanding its cybersecurity push with acquisitions and investments aimed at critical infrastructure defense, which could support longer-term growth in a high-demand area. Accenture to Strengthen Critical Infrastructure Defense with End-to-End Cybersecurity Platform in Age of AI-Driven Cyber Threats and Geopolitical Risk
• Neutral Sentiment: Analysts at Wells Fargo, Goldman Sachs, and BNP Paribas lowered price targets, but many still see upside from current levels; ratings were mostly maintained at neutral or equivalent.
• Neutral Sentiment: Commentary around Accenture drawing fresh S&P 500 attention suggests investors are reassessing whether the selloff has become excessive relative to fundamentals. Why Accenture (NYSE:ACN) Is Drawing Fresh S&P 500 Attention?
• Negative Sentiment: Management’s reduced revenue outlook is the main catalyst behind the stock’s sharp decline, as it points to weaker client spending and slower growth ahead.
• Negative Sentiment: The company’s large cybersecurity acquisition plans are also raising questions about integration risk and capital allocation during a period of slowing growth.
• Negative Sentiment: Multiple headlines say the weak outlook has sparked a broad selloff in IT shares globally, reinforcing the market’s negative reaction to Accenture’s guidance cut. Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth

Accenture Stock Performance

ACN stock opened at $126.75 on Friday. Accenture PLC has a 1-year low of $125.60 and a 1-year high of $307.77. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. The firm has a market cap of $84.34 billion, a PE ratio of 10.12, a P/E/G ratio of 1.21 and a beta of 1.08. The business’s 50-day moving average price is $176.76 and its two-hundred day moving average price is $218.35.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.10. The company had revenue of $18.72 billion during the quarter, compared to the consensus estimate of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, research analysts forecast that Accenture PLC will post 13.85 earnings per share for the current year.

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 9th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 5.1%. The ex-dividend date is Thursday, July 9th. Accenture’s dividend payout ratio (DPR) is 52.08%.

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.