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

Key Points

• Glenmede Trust reduced its Accenture stake by 5.7%, selling 25,394 shares and retaining 423,979 shares valued at approximately $84.1 million. Institutional investors collectively own 75.14% of Accenture.
• Accenture’s outlook is mixed: analysts have a consensus “Hold” rating with an average price target of $192.96, while concerns persist about weak organic growth, declining bookings and execution risks despite potential AI and digital-transformation opportunities.
• Accenture reported quarterly revenue of $18.72 billion and adjusted earnings of $3.80 per share, and recently authorized a $2 billion stock buyback and declared a $1.63 quarterly dividend, equivalent to a 3.9% annualized yield.

Glenmede Trust Co. NA cut its stake in shares of Accenture PLC (NYSE:ACN - Free Report) by 5.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 423,979 shares of the information technology services provider's stock after selling 25,394 shares during the quarter. Glenmede Trust Co. NA owned approximately 0.06% of Accenture worth $84,071,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of Accenture by 36.2% in the fourth quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider's stock worth $6,486,000 after purchasing an additional 4,905 shares during the period. Sivia Capital Partners LLC raised its position in shares of Accenture by 46.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider's stock valued at $618,000 after purchasing an additional 660 shares during the period. United Bank lifted its stake in shares of Accenture by 49.8% during the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider's stock valued at $1,088,000 after buying an additional 1,209 shares in the last quarter. Bank of Nova Scotia boosted its holdings in Accenture by 23.0% in the 2nd quarter. Bank of Nova Scotia now owns 828 shares of the information technology services provider's stock worth $247,000 after buying an additional 155 shares during the period. Finally, Main Street Financial Solutions LLC increased its stake in Accenture by 4.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 1,767 shares of the information technology services provider's stock worth $528,000 after buying an additional 72 shares in the last quarter. Institutional investors own 75.14% of the company's stock.

Accenture News Roundup

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 Analysts Forecast Growth

Several analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on Accenture from $200.00 to $194.00 and set an "overweight" rating on the stock in a research note on Monday, July 20th. BMO Capital Markets reaffirmed a "market perform" rating and set a $150.00 price objective on shares of Accenture in a report on Friday, June 19th. JPMorgan Chase & Co. reduced their price objective on shares of Accenture from $247.00 to $201.00 and set an "overweight" rating on the stock in a research report on Monday, June 8th. William Blair downgraded shares of Accenture from an "outperform" rating to a "market perform" rating in a report on Thursday, June 18th. Finally, Robert W. Baird set a $190.00 target price on shares of Accenture in a research note on Thursday, June 18th. Twelve research 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $192.96.

Accenture Stock Up 1.9%

Shares of NYSE:ACN opened at $166.34 on Friday. The company has a market cap of $111.08 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 1.69 and a beta of 1.13. Accenture PLC has a 12 month low of $118.15 and a 12 month high of $291.09. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $152.56 and a 200 day moving average price of $191.12.

Accenture (NYSE:ACN - Get Free Report) last issued its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.10. The company had revenue of $18.72 billion for the quarter, compared to analysts' expectations of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The firm's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. As a group, equities research analysts predict that Accenture PLC will post 13.85 earnings per share for the current year.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 9th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 3.9%. The ex-dividend date is Thursday, July 9th. Accenture's dividend payout ratio is presently 52.08%.

Accenture announced that its board has initiated a stock buyback program on Tuesday, June 23rd that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the information technology services provider to buy up to 2.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

Insider Transactions at Accenture

In related news, General Counsel Joel Unruch sold 10,498 shares of the firm's 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 sale, the general counsel directly owned 17,735 shares in the company, valued at $2,890,450.30. This trade represents a 37.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by corporate insiders.

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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