Cresset Asset Management LLC Has $20.13 Million Holdings in Accenture PLC $ACN

Cresset Asset Management LLC decreased its holdings in shares of Accenture PLC (NYSE:ACN) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,610 shares of the information technology services provider’s stock after selling 3,040 shares during the quarter. Cresset Asset Management LLC’s holdings in Accenture were worth $20,125,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ACN. Running Oak Capital LLC increased its stake in shares of Accenture by 14.3% in the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock valued at $14,190,000 after buying an additional 7,190 shares during the period. Global Retirement Partners LLC acquired a new position in Accenture in the 2nd quarter valued at approximately $2,658,000. C WorldWide Group Holding A S raised its stake in shares of Accenture by 35.9% during the second quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock valued at $2,435,000 after acquiring an additional 2,151 shares during the last quarter. Weitz Investment Management Inc. lifted its holdings in shares of Accenture by 28.8% during the third quarter. Weitz Investment Management Inc. now owns 160,550 shares of the information technology services provider’s stock worth $39,592,000 after purchasing an additional 35,900 shares during the period. Finally, Norges Bank bought a new stake in shares of Accenture in the second quarter worth $2,216,850,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture Price Performance

Shares of NYSE ACN opened at $211.54 on Thursday. The firm has a market capitalization of $130.23 billion, a P/E ratio of 17.48, a P/E/G ratio of 2.02 and a beta of 1.27. The firm’s 50-day moving average price is $250.82 and its 200-day moving average price is $251.17. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 1-year low of $188.73 and a 1-year high of $348.80.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $3.73 by $0.21. The business had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Tuesday, January 13th were issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Analysts Set New Price Targets

Several brokerages have commented on ACN. Argus cut their target price on Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, December 29th. Citigroup cut their price objective on Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Wells Fargo & Company increased their target price on shares of Accenture from $251.00 to $275.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. UBS Group downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Finally, Rothschild & Co Redburn increased their price objective on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Sixteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Accenture has a consensus rating of “Moderate Buy” and an average target price of $293.62.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture agreed to acquire Ookla and the broader Connectivity assets for $1.2B to add network intelligence (Speedtest, Ekahau, Downdetector) to its data/AI stack — a clear strategic bet to help clients monitor and optimize connectivity for AI deployments. Accenture to Acquire Ookla (BusinessWire)
• Positive Sentiment: Accenture announced a collaboration with Mistral AI to help clients deploy enterprise-grade GenAI — a complementary move that supports revenue growth in Accenture’s fast-growing AI services line. Accenture Bets On Ookla And Mistral AI (Yahoo)
• Positive Sentiment: UBS and other analysts framed the Ookla purchase as a timely strategic bet on AI-driven network intelligence, supporting the narrative that the deal strengthens Accenture’s competitive positioning in enterprise AI services. UBS Sees Accenture’s Ookla Deal (Seeking Alpha)
• Neutral Sentiment: Market reaction: shares jumped intraday after the deal was announced, reflecting the market’s view that the assets are strategically valuable even as ACN remains well off prior highs. Accenture Stock Is Up, What You Need To Know (Yahoo)
• Neutral Sentiment: Ziff Davis’s sale validates the standalone value of the connectivity assets (MarketBeat coverage), explaining why Accenture paid a premium and why the acquisition could be accretive to its service offerings. Ziff Davis’s $1.2B Deal (MarketBeat)
• Neutral Sentiment: Analyst commentary (Zacks) highlights Accenture as a value play given recent price weakness and solid fundamentals, but notes investors should weigh growth vs. current valuation. Here’s Why Accenture is a Strong Value Stock (Zacks)
• Negative Sentiment: Offsetting risks: ACN has faced a sizable valuation reset (shares well below 52-week highs) amid “AI panic” narratives; slower near-term operating income and trimmed FCF guidance have left the stock vulnerable to sentiment swings and integration/execution risk for the new assets. AI Panic Has Crushed Accenture (Seeking Alpha)

Insiders Place Their Bets

In other Accenture news, CEO Julie Spellman Sweet sold 6,057 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $241.23, for a total transaction of $1,461,130.11. Following the completion of the sale, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at approximately $3,679,963.65. The trade was a 28.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of $281.01, for a total value of $1,008,263.88. Following the completion of the sale, the chief accounting officer directly owned 8,179 shares of the company’s stock, valued at $2,298,380.79. The trade was 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 worth $5,970,434 in the last quarter. Insiders own 0.02% of the company’s stock.

About Accenture

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.