Oppenheimer & Co. Inc. Has $17.54 Million Stake in Accenture PLC $ACN

Oppenheimer & Co. Inc. lifted its position in shares of Accenture PLC (NYSE:ACN) by 9.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 65,381 shares of the information technology services provider’s stock after purchasing an additional 5,610 shares during the period. Oppenheimer & Co. Inc.’s holdings in Accenture were worth $17,542,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ACN. Running Oak Capital LLC raised its position in 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 worth $14,190,000 after acquiring an additional 7,190 shares during the period. Weitz Investment Management Inc. increased its stake in shares of Accenture by 28.8% in 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 in the last quarter. D.A. Davidson & CO. increased its stake in shares of Accenture by 17.4% in the third quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock worth $63,771,000 after purchasing an additional 38,325 shares in the last quarter. Teacher Retirement System of Texas grew its stake in Accenture by 27.7% during the fourth quarter. Teacher Retirement System of Texas now owns 282,340 shares of the information technology services provider’s stock valued at $75,752,000 after acquiring an additional 61,314 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its stake in Accenture by 180.4% during the third quarter. Public Sector Pension Investment Board now owns 404,680 shares of the information technology services provider’s stock valued at $99,794,000 after acquiring an additional 260,357 shares in the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Accenture

In other news, CEO Julie Spellman Sweet sold 6,057 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the sale, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at $3,679,963.65. This represents a 28.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the sale, the chief executive officer directly owned 12,802 shares in the company, valued at $2,267,746.28. This trade represents a 27.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 10,943 shares of company stock worth $2,327,545 over the last ninety days. Insiders own 0.02% of the company’s stock.

More Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a strategic investment in Netomi to accelerate enterprise adoption of agentic AI for customer experience — a move that supports Accenture’s growth strategy in high‑value AI services and could bolster revenue and competitive positioning over time. Accenture Invests in Netomi
• Positive Sentiment: Analyst coverage highlights Accenture as a top‑ranked growth stock (Zacks), which can support investor interest and provide a counterweight to negative sentiment if analysts maintain favorable ratings. Accenture is a Top‑Ranked Growth Stock
• Neutral Sentiment: Market previews and commentary ahead of earnings keep expectations in focus but don’t provide new earnings data; these pieces maintain attention on upcoming results rather than changing fundamentals immediately. Earnings Preview
• Neutral Sentiment: Short‑term market moves have seen ACN bounce relative to broader weakness on some days, signaling that intraday/market flows—not new company fundamentals—are also affecting price action. Accenture Rises As Market Takes a Dip
• Negative Sentiment: CEO Atsushi Egawa sold 4,872 shares (~27.6% reduction in his reported holding) under a pre‑arranged Rule 10b5‑1 plan; while Rule 10b5‑1 execution lessens alarm, large insider reductions can weigh on sentiment and be interpreted negatively by some investors. SEC Filing: CEO Sale
• Negative Sentiment: A Yahoo/market note highlights a roughly 38% one‑year share price fall, reinforcing the narrative that Accenture’s stock faces valuation pressure and heightened investor caution which can depress buying interest until catalysts emerge. Is It Time To Reconsider Accenture?

Analyst Ratings Changes

Several brokerages recently commented on ACN. Jefferies Financial Group boosted their price objective on shares of Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research note on Thursday, January 8th. BMO Capital Markets lowered their price objective on shares of Accenture from $300.00 to $230.00 and set a “market perform” rating for the company in a report on Friday, March 20th. TD Cowen lowered their price objective on shares of Accenture from $282.00 to $275.00 and set a “buy” rating for the company in a report on Monday, March 16th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Accenture from $280.00 to $230.00 and set a “hold” rating for the company in a report on Friday, March 6th. Finally, Citigroup reduced their price objective on shares of Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Seventeen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Accenture presently has an average rating of “Moderate Buy” and an average target price of $274.50.

Accenture Stock Down 0.7%

NYSE:ACN opened at $178.96 on Friday. The firm’s 50-day moving average price is $196.46 and its 200-day moving average price is $235.90. The company has a market capitalization of $119.09 billion, a PE ratio of 14.66, a P/E/G ratio of 1.71 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.34. Accenture PLC has a 1-year low of $173.65 and a 1-year high of $325.71.

Accenture (NYSE:ACN) last released its earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.09. The firm had revenue of $18.04 billion for 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 was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.82 EPS. On average, equities analysts predict that Accenture PLC will post 13.87 EPS for the current fiscal year.

Accenture Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be given a $1.63 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.6%. Accenture’s dividend payout ratio is currently 53.40%.

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.