Glenmede Trust Co. NA Sells 25,394 Shares of Accenture PLC $ACN

Glenmede Trust Co. NA lessened its holdings in shares of Accenture PLC (NYSE:ACN) by 5.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 423,979 shares of the information technology services provider’s stock after selling 25,394 shares during the quarter. Glenmede Trust Co. NA’s holdings in Accenture were worth $84,071,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Triumph Capital Management bought a new stake in shares of Accenture during the 3rd quarter worth approximately $26,000. Laurel Wealth Advisors LLC bought a new position in Accenture in the 4th quarter valued at $27,000. McMillan Office Inc. purchased a new stake in Accenture in the fourth quarter worth $27,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Accenture during the fourth quarter worth $27,000. Finally, Private Wealth Management Group LLC lifted its position in shares of Accenture by 96.4% during the fourth quarter. Private Wealth Management Group LLC now owns 108 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 53 shares during the last quarter. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Accenture News Summary

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: UniCredit digital-transformation deal: Accenture and IBM are collaborating with UniCredit to build a next-generation European banking platform. The project reinforces Accenture’s position in large, strategic technology-transformation contracts and could support future bookings and revenue. UniCredit, Accenture and IBM Collaborate to Build Europe’s Next-Generation Banking Platform
• Positive Sentiment: AI strategy remains a potential catalyst: Coverage highlighted Accenture’s investments in artificial intelligence and its Edge business as opportunities to capture demand for AI implementation and enterprise modernization. Successful execution could improve growth prospects and sentiment toward the stock. Why Is Accenture Strengthening Its AI Strategy?
• Positive Sentiment: Deeply discounted valuation: Analysts noted that ACN trades at roughly 12 times fiscal 2026 earnings following a steep decline, with an approximately 4% dividend yield. The valuation has prompted cautious views that the market may be pricing in more permanent business damage than ultimately occurs. ACN Got Cheaper. The Business Did Not Get Worse
• Neutral Sentiment: Insider selling disclosed: General Counsel Joel Unruch sold 10,498 shares for about $1.7 million, reducing his holdings by 37.2%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it offers limited insight into current management expectations. Accenture Insider Trading Filing
• Negative Sentiment: Execution concerns remain: Accenture’s organic growth is weak and bookings have declined, while Capgemini’s stronger performance suggests that some of ACN’s pressure may reflect company-specific execution issues rather than industry conditions. AI initiatives are promising, but their ability to scale and expand margins remains unproven. Accenture: The Market Is Pricing In Too Much Permanent Damage

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ACN shares. Truist Financial cut their price target on shares of Accenture from $210.00 to $150.00 and set a “hold” rating on the stock in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $136.00 price objective on shares of Accenture in a report on Friday, July 10th. BNP Paribas Exane dropped their target price on shares of Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, June 26th. Dbs Bank lowered shares of Accenture from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Jefferies Financial Group lowered their price target on Accenture from $210.00 to $185.00 and set a “hold” rating for the company in a report on Monday, June 15th. Twelve analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $192.96.

Accenture Price Performance

Shares of ACN opened at $166.34 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. The company has a 50 day moving average price of $152.56 and a 200-day moving average price of $191.12. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The stock has a market capitalization of $111.08 billion, a PE ratio of 13.29, a PEG ratio of 1.69 and a beta of 1.13.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.Accenture’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities analysts predict that Accenture PLC will post 13.85 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, August 14th. Shareholders of record on Thursday, July 9th will be paid a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 3.9%. The ex-dividend date is Thursday, July 9th. Accenture’s payout ratio is 52.08%.

Accenture announced that its Board of Directors has authorized a stock repurchase program on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the information technology services provider to reacquire up to 2.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of the business’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $162.98, for a total value of $1,710,964.04. Following the completion of the transaction, the general counsel directly owned 17,735 shares in the company, valued at approximately $2,890,450.30. The trade was a 37.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate 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.