Tritonpoint Wealth LLC lowered its stake in Accenture PLC (NYSE:ACN – Free Report) by 50.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,131 shares of the information technology services provider’s stock after selling 2,204 shares during the quarter. Tritonpoint Wealth LLC’s holdings in Accenture were worth $526,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Investors Research Corp boosted its holdings in shares of Accenture by 73.8% in 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 in the last quarter. Elevation Wealth Partners LLC lifted its position in Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares during the period. Heartwood Wealth Advisors LLC bought a new position in Accenture during the 3rd quarter valued at $32,000. RMG Wealth Management LLC acquired a new position in shares of Accenture during the 2nd quarter valued at $33,000. Finally, Howard Hughes Medical Institute bought a new stake in shares of Accenture in the 2nd quarter worth $40,000. 75.14% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the transaction, the insider owned 1,860 shares in the company, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was 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 owned 8,599 shares of the company’s stock, valued at $2,120,685.38. This represents a 40.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 33,319 shares of company stock valued at $8,335,225 over the last ninety days. Corporate insiders own 0.02% of the company’s stock.
Accenture Trading Down 0.3%
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. The company had revenue of $18.74 billion for the quarter, compared to analyst estimates of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business’s 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. As a group, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.
Accenture Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be paid a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.4%. Accenture’s payout ratio is 53.88%.
Key Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture agreed to acquire Cabel Industry to boost core-banking and financial-services capabilities in Italy — expands market footprint in a high-value vertical and should help cross-sell Accenture’s cloud and banking services in Europe. Accenture to Acquire Cabel Industry
- Positive Sentiment: Short interest fell materially (~16.6% month-over-month) to ~11.7M shares, lowering potential near-term downside pressure from short squeezes and signaling less bearish positioning among traders. Source: market short interest data
- Positive Sentiment: Analyst coverage remains constructive — ACN was given an average rating of “Moderate Buy” and commentators highlight Accenture’s growth profile and steady margin/earnings beats, supporting demand for the stock. Analysts Give Moderate Buy
- Positive Sentiment: Accenture is partnering with the U.S. Department of Energy on the Genesis Mission program — a strategic win that enhances its presence in public-sector and energy tech work, which can translate to longer-term contract streams. Accenture, US Dept of Energy Partner
- Neutral Sentiment: Coverage pieces and comparisons (Zacks growth case; head‑to‑head vs. Infobird and CLPS) reiterate ACN’s strengths but add little new financial information — useful for long-term conviction but less likely to move intraday price. Zacks: Strong Growth Stock
- Neutral Sentiment: Coverage of analyst Q&A from the recent Q4 earnings call highlights management commentary and investor questions — helpful for context but not signaling a material change in guidance. 5 Revealing Analyst Questions
- Negative Sentiment: Farther Finance Advisors trimmed its ACN holding by ~12.3% in Q3 (sold ~2,849 shares) — a small institutional reduction that could be read as minor profit‑taking or portfolio rebalancing, but not a broad sell signal. Farther Finance Cuts Position
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $330.00 target price on shares of Accenture in a report on Thursday, December 18th. Dbs Bank upgraded shares of Accenture from a “hold” rating to a “moderate buy” rating in a report on Monday, October 27th. Mizuho reduced their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a report on Monday, September 29th. Wall Street Zen cut Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Finally, Wells Fargo & Company started coverage on Accenture in a research note on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Accenture presently 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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