Accenture Q3 EPS Beats by $0.21 as Hedge Fund Raises Stake 36.4%
Deprince Race & Zollo raised its stake in Accenture by 36.4% to 87,681 shares, worth $21.62 million, after purchasing 23,406 shares in the third quarter. Accenture reported Q3 earnings of $3.94 per share, beating the $3.73 consensus on $18.74 billion revenue (up 5.7% yoy), and guided FY26 EPS to $13.52–13.90.
1. Strong Quarterly Results and Upbeat Guidance
Accenture reported fourth-quarter earnings per share of 3.94, beating consensus estimates by 0.21, while revenues reached 18.74 billion, up 5.7% year-over-year. The company delivered a net margin of 10.76% and a return on equity of 26.65%. Management set full-year EPS guidance between 13.52 and 13.90, reflecting confidence in sustained demand for digital, cloud and security services despite a moderate IT spending environment.
2. Significant Institutional Buying Activity
Deprince Race & Zollo Inc. increased its stake by 36.4%, acquiring an additional 23,406 shares to bring its total holding to 87,681 shares valued at 21.6 million. Overall, institutional and hedge fund ownership stands at 75.14%. Notable increases include Aprio Wealth Management (+2.1%), Texas Bank & Trust (+0.4%), Norway Savings Bank (+0.9%), Firethorn Wealth (+4.4%) and Wealthcare Advisory Partners (+0.8%), signaling growing confidence among large investors in Accenture’s long-term growth trajectory.
3. Insider Sales and Mixed Analyst Ratings
Insiders disposed of 33,319 shares totaling 8.3 million in proceeds, with the largest transactions executed by Manish Sharma (6,902 shares) and CEO Ryoji Sekido (2,500 shares), reducing their holdings by 78.8% and 64.3%, respectively. Analyst sentiment remains broadly positive: out of 28 research reports, 16 carry Buy or Strong Buy recommendations, 11 are Hold and only one is Sell, resulting in a consensus Moderate Buy rating. Price targets have been adjusted by firms including Mizuho, BNP Paribas Exane and Deutsche Bank to reflect recent macro trends.