Confluence Investment Management LLC Cuts Stock Holdings in Accenture PLC $ACN

Posted by on Oct 1st, 2026

Confluence Investment Management LLC lessened its position in Accenture PLC (NYSE:ACN – Free Report) by 2.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 332,607 shares of the information technology services provider’s stock after selling 9,247 shares during the period. Confluence Investment Management LLC’s holdings in Accenture were worth $60,990,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Accenture by 33.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 30,041 shares of the information technology services provider’s stock valued at $3,738,000 after buying an additional 7,591 shares during the last quarter. Andra AP fonden boosted its stake in Accenture by 92.5% during the 2nd quarter. Andra AP fonden now owns 121,326 shares of the information technology services provider’s stock valued at $15,098,000 after purchasing an additional 58,300 shares during the last quarter. Smith Chas P & Associates PA Cpas increased its holdings in Accenture by 8.3% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 172,023 shares of the information technology services provider’s stock worth $21,406,000 after purchasing an additional 13,244 shares in the last quarter. National Pension Service raised its stake in shares of Accenture by 5.6% in the second quarter. National Pension Service now owns 1,564,857 shares of the information technology services provider’s stock worth $194,731,000 after purchasing an additional 82,362 shares during the last quarter. Finally, Engineers Gate Manager LP lifted its holdings in shares of Accenture by 5.2% in the second quarter. Engineers Gate Manager LP now owns 15,708 shares of the information technology services provider’s stock valued at $1,955,000 after purchasing an additional 781 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors.

Insider Activity at Accenture

In other news, General Counsel Joel Unruch sold 10,498 shares of Accenture stock in a transaction on Thursday, July 30th. The stock was 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 Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on ACN shares. UBS Group reiterated a “buy” rating on shares of Accenture in a report on Wednesday. Jefferies Financial Group reiterated a “hold” rating on shares of Accenture in a research note on Thursday. William Blair downgraded shares of Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday, June 18th. Stifel Nicolaus cut their price target on shares of Accenture from $315.00 to $270.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Wells Fargo & Company downgraded shares of Accenture from an “overweight” rating to an “equal weight” rating and set a $194.00 price objective for the company. in a research report on Monday, September 14th. Ten equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $200.52.

Check Out Our Latest Analysis on ACN

Accenture Stock Performance

Shares of ACN traded up $33.31 during trading hours on Thursday, hitting $216.68. The company’s stock had a trading volume of 19,059,994 shares, compared to its average volume of 6,930,799. The business has a 50 day simple moving average of $178.40 and a two-hundred day simple moving average of $173.35. Accenture PLC has a 52-week low of $118.15 and a 52-week high of $291.09. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market cap of $144.70 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 1.46 and a beta of 1.10.

Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $3.18 by $0.11. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The company had revenue of $18.68 billion during the quarter, compared to the consensus estimate of $18.02 billion. During the same period last year, the firm earned $3.03 EPS. Accenture’s revenue for the quarter was up 6.2% on a year-over-year basis. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. On average, equities analysts expect that Accenture PLC will post 13.87 earnings per share for the current fiscal year.

Accenture announced that its Board of Directors has authorized a stock buyback plan on Tuesday, June 23rd that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the information technology services provider to purchase up to 2.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Key Accenture News

Here are the key news stories impacting Accenture this week:

  • Positive Sentiment: Quarterly results exceeded expectations: Accenture reported adjusted earnings of $3.29 per share versus the $3.18 consensus estimate, while revenue reached $18.68 billion, ahead of the $18.02 billion forecast. Revenue increased 6.2% year over year. Accenture rallies more than 20% after earnings beat, heads for best day ever
  • Positive Sentiment: Record bookings supported demand visibility: A record level of large client bookings, along with full-year revenue of approximately $74.2 billion, provided evidence that clients continue to invest in consulting and technology services despite AI-related disruption fears. Accenture Soars as Record Bookings Dispel AI Demand Fears
  • Positive Sentiment: Shareholder returns increased: The company raised its quarterly dividend and reportedly returned a record $11.5 billion to shareholders during fiscal 2026, reinforcing its capital-return appeal. Accenture Reports Fourth-Quarter and Full-Year Fiscal 2026 Results
  • Neutral Sentiment: Fiscal 2027 outlook was broadly in line: Accenture forecast adjusted EPS of $14.39–$14.81 and revenue of $76.4–$78.7 billion. The EPS range brackets consensus, while the revenue outlook is close to expectations, limiting the upside from guidance alone.

Accenture Profile

(Free Report)

Accenture plc (NYSE: ACN) is a global professional services company that helps organizations improve performance, modernize operations and respond to technological and market changes. Its services span strategy and consulting, technology, operations, and managed services, with expertise across industries including communications, financial services, health care, public service, retail, manufacturing and resources.

The company provides digital transformation, cloud migration, data and artificial intelligence, cybersecurity, systems integration and technology implementation services.

Featured Stories

Institutional Ownership by Quarter for Accenture (NYSE:ACN)

Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.