Arnhold 13F: Cuts Accenture (ACN) Stake by $1.5M
Key Points
- Arnhold's reported value in Accenture plc stands at about $498.4 million after the reduction.
- Arnhold held 11,089 $ACN shares at quarter end, down 41.91% from the prior quarter.
- The fund's position in Accenture now represents 0.41% of its total portfolio, ranking 18th among its 113 holdings.
- Accenture shares recently traded at $235.14, down about 4.9% since the filing date.
Since the filing, $ACN is down 4.4% to date (from the $247.23 close on Oct 26, 2026).
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Arnhold has reduced its stake in Accenture plc (ACN) by 8,000 shares, now holding a total of 11,089 shares. This move, disclosed in a filing on October 26, 2026, reflects a decrease of about 41.9% in their position, valued at approximately $2,033,390.
ACN
Accenture plc
Arnhold vs. the S&P 500
Hypothetical returns from Arnhold's disclosed trades, not real profit or advice. How we model this.
Where Accenture Fits in Arnhold's Portfolio
This cut leaves Accenture representing 0.41% of Arnhold's total reported portfolio value of about $498.4 million, ranking it 18th among 113 holdings.
Other Institutional Activity in Accenture
Several other funds have also adjusted their stakes in Accenture. Euro Pacific Asset Management increased its holdings by 11,738 shares, bringing its total to 117,454 shares worth about $22.3 million. Meanwhile, DAVENPORT reduced its position significantly, selling 481,931 shares to end with 341,083 shares valued at approximately $61.9 million. Howland Capital Management also cut its stake by 12,784 shares, lowering its total to 8,960 shares.
Accenture plc Stock Down 5.7%
After the filing on October 26, Accenture shares closed at $247.23. Recently, the stock has been trading around $235.14, which is about 4.9% below the October 26 closing price. Despite this drop, the stock is above its 50-day and 200-day moving averages by 19.2% and 22.4%, respectively.
Recent Earnings
Accenture reported trailing twelve-month revenue of approximately $74.2 billion, with an EPS of $13.56. The next earnings report is set for December 17, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
8 analysts cut price targets. 0 raised targets after the report.
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EPS & revenue
EPS beat estimates by 1.4%. Revenue missed estimates by 1.1%.
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Profit surprise
EBITDA came in 17% below estimates. Operating income met estimates.
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Pre-earnings setup
Expectations were about average going in.
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Analyst signal
2 analyst downgrades after the report. 8 price target cuts after the report.
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Earnings quality
Free cash flow was positive.
Earnings Call Summary
Accenture delivered a strong quarter with $18.7 billion in revenue, up four percent year over year, and record bookings of $22.1 billion. The company now has 85,000 artificial intelligence and data professionals, exceeding its goal. Management highlighted major demand from clients across artificial intelligence transformation, cybersecurity, and core business process modernization, with significant momentum in large enterprise programs and growing opportunities in emerging markets.
Guidance Accenture raised full year guidance and now expects between $127.25 billion and $128.75 billion in revenue for fiscal 2026. They also increased earnings per share guidance to between $13.65 and $13.90. Management expects three percent to five percent revenue growth, with free cash flow expected to reach $10.8 billion to $11.5 billion, and plans to deploy about $5 billion in acquisitions.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Dividend
Accenture pays an annual dividend of $6.84 per share, which gives it a yield of 2.77%.
Insider Buying and Selling at Accenture plc
Several insiders sold shares recently. Chief Operating Officer Catherine Kiernan Hogan sold 700 shares at an average price of $214.24 on October 12, totaling about $149,965. Chief Accounting Officer Melissa A. Burgum sold 811 shares for roughly $202,750 on October 22. Co-CEO for Asia Pacific Ryoji Sekido also sold 5,844 shares at $244.84, valued at about $1.4 million, on October 22.
Analysts Set New Price Targets
On October 26, 2026, Wells Fargo maintained its Equal-Weight rating on Accenture with a price target of $252. Earlier, Mizuho had an Outperform rating with a target of $241. The consensus among analysts suggests a mean price target of approximately $229.74, with 24 analysts covering the stock.
About Accenture
Accenture plc provides consulting and managed services across various regions, including the Americas, Europe, and Asia Pacific. The company is a leader in the information technology services sector, helping clients improve their operations and navigate digital transformations.
Bottom Line
Watch for Accenture's next earnings report on December 17, 2026, as well as any further changes in institutional holdings. Arnhold's recent cut reflects a broader trend of reduced positions in the stock by several funds recently.
Related Filing Alerts
Source: Arnhold's 13F filing on $ACN (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts