20,986 Accenture PLC $ACN Shares Bought by Sumitomo Mitsui DS Asset Management Company Ltd

20 Oct 2026, 12:01 by Michael Walen · The Markets Daily

Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Accenture PLC (NYSE:ACN – Free Report) by 13.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 173,781 shares of the information technology services provider’s stock after acquiring an additional 20,986 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Accenture were worth $31,866,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ACN. Bank of America Corp DE raised its stake in shares of Accenture by 2.2% during the first quarter. Bank of America Corp DE now owns 6,531,231 shares of the information technology services provider’s stock valued at $1,295,078,000 after acquiring an additional 143,483 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Accenture by 120.0% in the first quarter. First Trust Advisors LP now owns 3,482,150 shares of the information technology services provider’s stock worth $690,475,000 after purchasing an additional 1,899,305 shares during the last quarter. Flossbach Von Storch SE bought a new stake in shares of Accenture in the second quarter worth $309,873,000. Pzena Investment Management LLC increased its holdings in Accenture by 84.0% in the first quarter. Pzena Investment Management LLC now owns 2,405,683 shares of the information technology services provider’s stock valued at $477,023,000 after purchasing an additional 1,097,961 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in Accenture by 24.3% in the first quarter. The Manufacturers Life Insurance Company now owns 2,384,954 shares of the information technology services provider’s stock valued at $472,913,000 after purchasing an additional 466,452 shares during the period. 75.14% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, COO Catherine Hogan sold 1,320 shares of the business’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $200.00, for a total transaction of $264,000.00. Following the transaction, the chief operating officer directly owned 12,556 shares in the company, valued at approximately $2,511,200. The trade was a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Joel Unruch sold 10,498 shares of the business’s stock in a transaction that occurred 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 owned 17,735 shares in the company, valued at $2,890,450.30. The trade was a 37.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,518 shares of company stock worth $2,124,932 over the last ninety days. Insiders own 0.02% of the company’s stock.

Wall Street Analyst Weigh In

ACN has been the subject of several analyst reports. Argus raised their target price on Accenture from $220.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. Citigroup increased their price target on Accenture from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. Susquehanna raised their price objective on Accenture from $210.00 to $230.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. JPMorgan Chase & Co. raised their price objective on Accenture from $179.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, September 25th. Finally, Morgan Stanley lifted their price objective on Accenture from $175.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Friday, October 2nd. Eleven analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $219.26.

Read Our Latest Analysis on Accenture

Accenture Stock Performance

Shares of Accenture stock opened at $237.07 on Tuesday. The business has a 50-day moving average price of $190.56 and a two-hundred day moving average price of $174.65. Accenture PLC has a 1-year low of $118.15 and a 1-year high of $291.09. The company has a current ratio of 1.43, a quick ratio of 1.34 and a debt-to-equity ratio of 0.31. The company has a market cap of $158.32 billion, a P/E ratio of 17.48, a PEG ratio of 1.89 and a beta of 1.11.

Accenture (NYSE:ACN – Get Free Report) last posted its quarterly earnings results on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. The firm had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $18.03 billion. Accenture had a return on equity of 26.53% and a net margin of 11.28%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $3.03 EPS. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. As a group, analysts anticipate that Accenture PLC will post 14.68 EPS for the current year.

Accenture declared that its Board of Directors has initiated a share repurchase plan on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to repurchase up to 2.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Accenture Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, October 13th will be issued a $1.71 dividend. The ex-dividend date is Tuesday, October 13th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Accenture’s previous quarterly dividend of $1.63. Accenture’s dividend payout ratio (DPR) is 50.44%.

Accenture Company Profile

(Free Report)

Accenture plc is a global professional services company that helps organizations transform their businesses through consulting, technology and managed services. Its work spans strategy and consulting, technology implementation, operations, and interactive customer experiences.