First Manhattan CO. LLC. Has $127.34 Million Stock Holdings in Accenture PLC $ACN

First Manhattan CO. LLC. trimmed its holdings in shares of Accenture PLC (NYSE:ACN) by 1.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 474,610 shares of the information technology services provider’s stock after selling 5,627 shares during the period. First Manhattan CO. LLC.’s holdings in Accenture were worth $127,338,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Accenture by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider’s stock worth $17,726,831,000 after buying an additional 854,361 shares during the last quarter. State Street Corp boosted its stake in shares of Accenture by 0.5% during the 4th quarter. State Street Corp now owns 28,264,675 shares of the information technology services provider’s stock worth $7,583,462,000 after buying an additional 129,610 shares during the last quarter. Capital International Investors boosted its stake in shares of Accenture by 2.0% during the 4th quarter. Capital International Investors now owns 17,471,554 shares of the information technology services provider’s stock worth $4,687,867,000 after buying an additional 343,420 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Accenture by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 14,656,436 shares of the information technology services provider’s stock worth $3,922,212,000 after buying an additional 218,719 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Accenture by 5.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,693,994 shares of the information technology services provider’s stock worth $2,869,199,000 after buying an additional 546,198 shares during the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Stock Down 5.6%

Shares of NYSE:ACN opened at $156.21 on Thursday. The company has a fifty day moving average of $179.51 and a 200-day moving average of $219.86. The company has a market capitalization of $103.95 billion, a PE ratio of 12.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.08. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a 52-week low of $155.82 and a 52-week high of $314.20.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.09. The company had revenue of $18.04 billion during the quarter, compared to the consensus estimate of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.82 earnings per share. On average, equities analysts predict that Accenture PLC will post 13.83 EPS for the current fiscal year.

Insider Activity

In other news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the transaction, the chief executive officer directly owned 12,802 shares in the company, valued at approximately $2,267,746.28. This represents a 27.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on ACN. Stifel Nicolaus cut their target price on shares of Accenture from $315.00 to $270.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Wells Fargo & Company cut their price objective on shares of Accenture from $275.00 to $248.00 and set an “overweight” rating for the company in a research report on Thursday, June 4th. Piper Sandler set a $282.00 price objective on shares of Accenture in a research report on Thursday, March 5th. Berenberg Bank set a $220.00 target price on shares of Accenture in a report on Wednesday. Finally, TD Cowen decreased their price objective on shares of Accenture from $282.00 to $258.00 and set a “buy” rating on the stock in a research note on Monday, June 8th. Sixteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $242.41.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a multi-year collaboration with Unilever to expand AI-enabled digital twins across global manufacturing, which could strengthen its AI and digital transformation pipeline. Unilever Scales Digital Twins Across Global Manufacturing Network with Accenture
• Positive Sentiment: The company also agreed to acquire Alfahealth and Industries eXcellence Group, expanding its healthcare, industrial software, and automation capabilities in Europe. Accenture to Acquire Alfahealth
• Positive Sentiment: Investors are watching for earnings to show stronger AI-related gains and bookings, which could reassure the market if management delivers a solid outlook. Accenture preview: investors look for AI gains, bookings strength
• Neutral Sentiment: Accenture is set to report fiscal Q3 earnings before the bell Thursday, and traders expect a potentially significant post-earnings move. Here’s How Much Accenture Stock Is Expected to Move After Earnings
• Neutral Sentiment: Jefferies assigned a Hold rating, while Susquehanna cut its price target, signaling a more cautious view ahead of results. Accenture (ACN) Receives a Hold from Jefferies
• Negative Sentiment: Analyst commentary from Susquehanna and JPMorgan reflects slower growth expectations, with one report noting 2026 is “close to plan” but not a clear upside surprise. Accenture in focus as Susquehanna lowers price target
• Negative Sentiment: Jim Cramer said Accenture is being outcompeted by AI leaders such as OpenAI and Anthropic, reinforcing investor concern that the company may be lagging in the AI race. Jim Cramer Agrees That Accenture Is “Being Outcompeted By OpenAI and Anthropic”

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.