Quadrature Capital Ltd bought a new stake in Accenture PLC (NYSE:ACN – Free Report) during the third quarter, HoldingsChannel.com reports. The fund bought 497,152 shares of the information technology services provider’s stock, valued at approximately $122,623,000. Accenture accounts for approximately 1.4% of Quadrature Capital Ltd’s holdings, making the stock its 17th largest holding.
Other hedge funds also recently modified their holdings of the company. Investors Research Corp raised its position 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 buying an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in Accenture by 132.6% during the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 61 shares during the last quarter. Davis Capital Management purchased a new stake in Accenture in the 3rd quarter worth approximately $28,000. Elevation Wealth Partners LLC grew its stake in Accenture by 146.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after acquiring an additional 73 shares during the period. Finally, Heartwood Wealth Advisors LLC acquired a new position in Accenture in the 3rd quarter valued at $32,000. 75.14% of the stock is owned by institutional investors and hedge funds.
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Udacity (part of Accenture) launched an accredited MBA focused on AI product leadership — strengthens Accenture’s talent pipeline and positioning as a provider of AI skills and services, which supports long‑term demand for consulting and implementation work. Udacity, Part of Accenture, Launches Accredited MBA to Train the Next Generation of AI Product Leaders
- Positive Sentiment: Analysts and investors highlight Accenture’s exposure to AI implementation contracts as a key growth driver — supports revenue upside if enterprise AI spending accelerates. Accenture (ACN) is Poised to Benefit from AI Implementation Contracts
- Positive Sentiment: Accenture expanded a Google Cloud security partnership to help customers strengthen cloud security — reinforces pipeline for cloud/security services and cross‑sell into large enterprise accounts. Accenture Helps Organizations Strengthen Cloud Security with Google Cloud
- Neutral Sentiment: Seeking Alpha published a bullish valuation take that argues Accenture may now be undervalued after years of premium multiples — supportive long‑term view but not an immediate catalyst. Accenture: Undervalued After Years Of Overvaluation
- Neutral Sentiment: Coverage and investor‑attention pieces (Zacks, Yahoo summaries) are highlighting Accenture ahead of earnings — increases visibility but not a directional catalyst by itself. Accenture PLC (ACN) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Guggenheim trimmed its price target (still a Buy) — a modest signal that some analysts are moderating upside expectations while remaining positive on the name. Benzinga
- Negative Sentiment: Truist cut its price target from $317 to $260 and warned of pressure on long‑term estimates tied to enterprise AI adoption checks — contributes to downward pressure on the stock and investor caution. Truist Lowers Accenture (ACN) Target to $260, Warns of Pressure on Long-Term Estimates
- Negative Sentiment: Deutsche Bank lowered its target to $230 and maintained a Hold — another sign of tempered analyst expectations ahead of results. Deutsche Bank Lowers Accenture (ACN) Target as it Maintains Hold View
- Negative Sentiment: A Zacks preview flagged that Accenture may lack the ideal setup for an earnings beat in the upcoming report — could increase downside volatility if results or guidance disappoint. Accenture (ACN) Earnings Expected to Grow: Should You Buy?
Accenture Trading Down 2.8%
Accenture (NYSE:ACN – Get Free Report) last posted its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The firm had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.
Accenture Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, January 13th. Accenture’s dividend payout ratio is 53.88%.
Insider Transactions at Accenture
In other Accenture news, CEO Julie Spellman Sweet sold 6,057 shares of Accenture stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the transaction, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at $3,679,963.65. The trade was a 28.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the sale, the chief accounting officer owned 8,179 shares of the company’s stock, valued at approximately $2,298,380.79. This represents a 30.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,088 shares of company stock valued at $5,970,434 in the last three months. 0.02% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
ACN has been the topic of several analyst reports. Piper Sandler set a $282.00 price objective on Accenture in a report on Thursday, March 5th. Citigroup reduced their target price on Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Jefferies Financial Group raised their price target on Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a research note on Thursday, January 8th. The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price target on shares of Accenture in a report on Thursday, December 18th. Finally, Wolfe Research increased their price objective on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. Sixteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $288.35.
Get Our Latest Analysis on ACN
Accenture Company 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.
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