# Accenture (ACN.US)

Canonical: https://gigainvestors.com/s/ACN

Analysis as of: 2026-10-16T07:26:11.208Z. Financial observations: FY2000–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

A wonderful business at a fair price

Quality tests for Buy: pass (profit record: pass; earnings resilience is evidence only). Published buy qualification: yes.

Share price: $224.92 per share; close as of 2026-10-15.

Estimated value: low $225.83 per share, central $313.81 per share, high $365.28 per share. Buy at or below the central value $313.81 per share. Valuation as of 2026-10-16T07:26:11.208Z; scenarios are not confidence intervals.

Expected annual return: 12.8% at the stated quote. About 12.8% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 0 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 0

- Years with a net loss: 0

- Operating margin variation: 0.03×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.14×

- FY2018: 0.14×

- FY2019: 0.15×

- FY2020: 0.15×

- FY2021: 0.15×

- FY2022: 0.15×

- FY2023: 0.14×

- FY2024: 0.15×

- FY2025: 0.15×

- FY2026: 0.15×

### moat: pass

- Years with nonpositive invested capital use equity plus debt and leases; positive earnings with no positive capital are shown above 100%.

- ROIC, median of available years: >100%

- ROIC, second-lowest year: 45.6%

- Typical minus recent gross margin: -0.1 pp

- Typical gross margin (annual median): 31.9%

- Recent gross margin (lower of latest and 3-year median): 32.0%

- Years with nonpositive capital: 2

- Capital spending / revenue: 1.2%

- ROIC including acquisitions, ten-year median: 41.9%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2017: 45.6%

- FY2018: 41.2%

- FY2019: >100%

- FY2020: >100%

- FY2021: >100%

- FY2022: >100%

- FY2023: >100%

- FY2024: >100%

- FY2025: >100%

- FY2026: >100%

### economics: pass

- Owner earnings / net income, 5-yr: 1.11×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $41B

- Net income, five-year total: $37B

- Return on incremental invested capital: 543.9%

- Working capital / revenue, annual change: 0.4 pp

- Working capital / revenue, change between three-year averages: 2.6 pp

- Working capital / revenue, final three-year average: 17.5%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2022: 1.05×

- FY2023: 1.08×

- FY2024: 1.08×

- FY2025: 1.14×

- FY2026: 1.19×

### management: pass

- Historical market-dollar context (not the management verdict): 2017 to 2026 (9 years)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 45.6% vs 145.6%

- Per-share earnings: 6.16 to 12.14 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -1.0%

- Ordinary dilution, 5-year annual growth: -1.3%

- Market cap gain: $28B

- Cumulative retained earnings: $18B

- Diluted shares, 10-year annual growth: -1.0%

- Diluted shares, 5-year annual growth: -1.3%

- $1 test, starting fiscal year: FY2017

- $1 test, ending fiscal year: FY2026

- Per-share value growth: 8.9%

- Per-share value change: $5.98

- Per-share value, starting three-year median: $6.16

- Per-share value, ending three-year median: $12.14

- Buybacks concentrated in cheaper years (correlation): 0.88

- Average buyback yield: 2.7%

- Buyback history: 10 years

- Debt-funded buybacks: No

- Acquisition spending: $23B

- Cumulative net income, 10 years: $60B

- ROIC, first three-year median: 45.6%

- ROIC, last three-year median: >100%

Chart: Earnings per share; fiscal year observations.

- FY2017: $5.22

- FY2018: $6.20

- FY2019: $7.35

- FY2020: $7.88

- FY2021: $9.14

- FY2022: $10.70

- FY2023: $10.76

- FY2024: $11.42

- FY2025: $12.14

- FY2026: $13.82

### accounting: pass

- stock compensation exceeds 15% of operating cash flow

- Sloan accruals: -5.4%

- Receivables to sales index (DSRI): 1.02×

- Restructuring years, last five: 0

- Stock compensation / operating cash flow: 17.0%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.48×

- Accounting red flags: 1

- Goodwill and intangibles / equity: 0.85×

Chart: Sloan accruals; fiscal year observations.

- FY2017: -6.7%

- FY2018: -8.0%

- FY2019: -6.2%

- FY2020: -8.4%

- FY2021: -7.1%

- FY2022: -5.6%

- FY2023: -5.2%

- FY2024: -3.3%

- FY2025: -5.8%

- FY2026: -5.4%

## Holders

- [Matthew McLennan](https://gigainvestors.com/FE): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Edgar Wachenheim](https://gigainvestors.com/GA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Nygren](https://gigainvestors.com/HA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Mark Hillman](https://gigainvestors.com/HCM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Allen Bond](https://gigainvestors.com/JIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [David Katz](https://gigainvestors.com/MAVFX): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Gayner](https://gigainvestors.com/MKL): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Richard Pzena](https://gigainvestors.com/PIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Ruane](https://gigainvestors.com/RC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Robert Torray](https://gigainvestors.com/T): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Wallace Weitz](https://gigainvestors.com/WIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 46% since Dec 2021 · "Accenture Lowers Top End of Revenue Growth Outlook; Announces Cybersecurity Deals Worth $4.18 Billion" (finance.yahoo.com, Jun 2026) · sales +6.5%

Story as of 2026-10-16T09:58:13.731Z; price observation 2026-10-15.

Price needs cash profits to grow 2.5% a year for ten years

- 2025-05-23: Accenture, Nvidia, and Dell Technologies Partner to Capitalize on Growing AI Demand ([finance.yahoo.com](https://finance.yahoo.com/news/accenture-nvidia-dell-technologies-partner-163524387.html))

- 2025-06-20: Accenture Shares Fall on Bookings Decline, Concerns over Federal Contract ([finance.yahoo.com](https://finance.yahoo.com/m/493c2935-9a9b-327f-87ec-78b2872e6d8a/accenture-shares-fall-on.html))

- 2025-09-25: Accenture Fiscal 2026 Revenue Outlook Light Amid Lower U.S. Spending ([finance.yahoo.com](https://finance.yahoo.com/m/1f4ab787-0ae6-37fc-9c02-15d285029a98/accenture-fiscal-2026-revenue.html))

- 2025-12-18: Accenture beats quarterly revenue estimate on strong demand for AI services ([finance.yahoo.com](https://finance.yahoo.com/news/accenture-beats-quarterly-revenue-estimate-114316992.html))

- 2026-06-18: Accenture Lowers Top End of Revenue Growth Outlook; Announces Cybersecurity Deals Worth $4.18 Billion ([finance.yahoo.com](https://finance.yahoo.com/technology/articles/accenture-lowers-top-end-revenue-130934084.html))

- 2026-10-02: Accenture (ACN) Soars 15.8% as Q4 Earnings, AI Bookings Crush Disruption Fears ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/accenture-acn-soars-15-8-002914087.html))

### Sales · FY2025–2026

sales +6.5%; source https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm; observed 2025-10-10.

- FY2017: $36B 

- FY2018: $41B 

- FY2019: $43B 

- FY2020: $44B 

- FY2021: $51B 

- FY2022: $62B 

- FY2023: $64B 

- FY2024: $65B 

- FY2025: $70B 

- FY2026: $74B 

### Gross margin · FY2026

gross margin 32%; source https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm; observed 2025-10-10.

- FY2017: 30.5% 

- FY2018: 30.4% 

- FY2019: 30.8% 

- FY2020: 31.5% 

- FY2021: 32.4% 

- FY2022: 32.0% 

- FY2023: 32.3% 

- FY2024: 32.6% 

- FY2025: 31.9% 

- FY2026: 32.0% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in information technology services; annual sales are USD 74.2 billion.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2026: revenue 74183445000; grossProfit 23775598000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); ACN.US: Accenture plc provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers systems integration and application management; security; intelligent platform; infrastructure; software engineering; data, AI, cloud; and automation and global delivery services. The company also operates business processes for specific enterprise functions, including finance and accounting, sourcing and procurement, supply chain, marketing and sales, and human resources, as well as industry-specific services, such as platform trust and safety, banking, insurance, network and health services; and designs, manufactures, and assembles automation equipment, robotics, and other commercial hardware products. It serves communications, media, and technology; financial services; banking and capital markets, and insurance; health and public service; consumer goods, retail, travel services; industrial; life science; and chemicals, natural resources, energy, and utilities sectors. Accenture plc has collaboration with Amazon Web Services (AWS) to deliver transformative digital services to public sector, defense, and national security organizations. It has a collaboration with OpenAI to help enterprise clients unlock new levels of innovation and growth by bringing agentic AI systems; has a strategic collaboration with Microsoft and Avanade for the development of an agentic factory intelligence system; and INFRONEER Holdings Inc. and SAP Japan Co., Ltd. to develop a new financial data and insights platform. It also has strategic partnership with Netomi, Inc. to help enterprises reinvent customer experience using agentic AI systems. The company has a strategic alliance with ServiceNow for integrated risk management and third-party risk management solutions. Accenture plc was founded in 1951 and is based in Dublin, Ireland.

### Why customers stay

Margins ranged from 31.9% to 32.6% during 2024–26; it earns over 100% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2024: grossProfit / revenue = 32.6%.

- Source: https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm (filed 2025-10-10); FY2025: grossProfit / revenue = 31.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2026: grossProfit / revenue = 32%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); 10-year return on capital observations [[2017,0.45551177049823766],[2018,0.41198228485015875],[2019,2.3318972469680284],[2020,1.1685617630461946],[2021,1.5738849077300856],[2022,1.6161920233835976],[2023,1.6000604063598858],[2024,1.1689552036074073],[2025,1.4556590712469195],[2026,1.6107295107585726]]; median 1.5147719894885026. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Can it raise prices

Kept about a 32% gross margin through 2022 cost inflation.

- Source: https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm (filed 2025-10-10); Gross margin observations: [[2021,0.3238280337778256],[2022,0.31985975002072026],[2023,0.32336675596647696]]; range within 2 percentage points.

### Where the cash goes

Paid dividends in 10 of 10 years; bought back USD 7.5 billion of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2017: growth capex 0; upkeep 515919000; owner earnings 3731019000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2018: growth capex 0; upkeep 619187000; owner earnings 4367496000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2019: growth capex 0; upkeep 599009000; owner earnings 5072863000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2020: growth capex 0; upkeep 599132000; owner earnings 6281831000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2021: growth capex 0; upkeep 580132000; owner earnings 7217919000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2022: growth capex 0; upkeep 717998000; owner earnings 7189816000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2023: growth capex 0; upkeep 528172000; owner earnings 7405001000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2024: growth capex 0; upkeep 516509000; owner earnings 7826275000. Growth capex / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm (filed 2025-10-10); FY2025: growth capex 0; upkeep 600039000; owner earnings 8783851000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2026: growth capex 0; upkeep 742748000; owner earnings 9979590000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); Dividend observations: [[2017,1567578000],[2018,1708724000],[2019,1861725000],[2020,2037733000],[2021,2236094000],[2022,2457306000],[2023,2827394000],[2024,3241479000],[2025,3700169000],[2026,3987313000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); FY2026: cash repurchases 7520965000 USD.

### Are managers owners

Insiders own <0.1% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); ACN.US SharesStats.PercentInsiders = 0.038 percentage points; cache date 2026-10-16.

### What could break it

"Risks and uncertainties related to the development and use of AI" (SEC filing, Oct 2025)

- Source: https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm (filed 2025-10-10); Risks and uncertainties related to the development and use of AI

### What the price says

The price assumes cash profits grow 2.5% yearly over ten years; actual growth was 9.7%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-10-10); Ten-year compound average after fade. Initial solved rate 0.019929899724446032. Price 224.92; FX 1; discount 0.1; same compounder ten-year fade to terminal 0.03. FY2016 owner earnings/share 6.505797231698876 → FY2026 16.4874559669365. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $116.24 per share

- 2016-11: $119.43 per share

- 2016-12: $117.13 per share

- 2017-01: $113.87 per share

- 2017-02: $122.50 per share

- 2017-03: $119.88 per share

- 2017-04: $121.30 per share

- 2017-05: $124.47 per share

- 2017-06: $123.68 per share

- 2017-07: $128.82 per share

- 2017-08: $130.76 per share

- 2017-09: $135.07 per share

- 2017-10: $142.36 per share

- 2017-11: $148.01 per share

- 2017-12: $153.09 per share

- 2018-01: $160.70 per share

- 2018-02: $161.01 per share

- 2018-03: $153.50 per share

- 2018-04: $151.20 per share

- 2018-05: $155.74 per share

- 2018-06: $163.59 per share

- 2018-07: $159.33 per share

- 2018-08: $169.07 per share

- 2018-09: $170.20 per share

- 2018-10: $157.62 per share

- 2018-11: $164.52 per share

- 2018-12: $141.01 per share

- 2019-01: $153.55 per share

- 2019-02: $161.38 per share

- 2019-03: $176.02 per share

- 2019-04: $182.67 per share

- 2019-05: $178.07 per share

- 2019-06: $184.77 per share

- 2019-07: $192.58 per share

- 2019-08: $198.17 per share

- 2019-09: $192.35 per share

- 2019-10: $185.42 per share

- 2019-11: $201.16 per share

- 2019-12: $210.57 per share

- 2020-01: $205.21 per share

- 2020-02: $180.59 per share

- 2020-03: $163.26 per share

- 2020-04: $185.19 per share

- 2020-05: $201.62 per share

- 2020-06: $214.72 per share

- 2020-07: $224.78 per share

- 2020-08: $239.93 per share

- 2020-09: $225.99 per share

- 2020-10: $216.91 per share

- 2020-11: $249.09 per share

- 2020-12: $261.21 per share

- 2021-01: $241.92 per share

- 2021-02: $250.90 per share

- 2021-03: $276.25 per share

- 2021-04: $289.97 per share

- 2021-05: $282.16 per share

- 2021-06: $294.79 per share

- 2021-07: $317.68 per share

- 2021-08: $336.56 per share

- 2021-09: $319.92 per share

- 2021-10: $358.79 per share

- 2021-11: $357.40 per share

- 2021-12: $414.55 per share

- 2022-01: $353.58 per share

- 2022-02: $316.02 per share

- 2022-03: $337.23 per share

- 2022-04: $300.36 per share

- 2022-05: $298.46 per share

- 2022-06: $277.65 per share

- 2022-07: $306.26 per share

- 2022-08: $288.46 per share

- 2022-09: $257.30 per share

- 2022-10: $283.90 per share

- 2022-11: $300.93 per share

- 2022-12: $266.84 per share

- 2023-01: $279.05 per share

- 2023-02: $265.55 per share

- 2023-03: $285.81 per share

- 2023-04: $280.29 per share

- 2023-05: $305.92 per share

- 2023-06: $308.58 per share

- 2023-07: $316.35 per share

- 2023-08: $323.77 per share

- 2023-09: $307.11 per share

- 2023-10: $297.09 per share

- 2023-11: $333.14 per share

- 2023-12: $350.91 per share

- 2024-01: $363.88 per share

- 2024-02: $374.78 per share

- 2024-03: $346.61 per share

- 2024-04: $300.91 per share

- 2024-05: $282.29 per share

- 2024-06: $303.41 per share

- 2024-07: $330.62 per share

- 2024-08: $341.95 per share

- 2024-09: $353.48 per share

- 2024-10: $344.82 per share

- 2024-11: $362.37 per share

- 2024-12: $351.79 per share

- 2025-01: $384.95 per share

- 2025-02: $348.50 per share

- 2025-03: $312.04 per share

- 2025-04: $299.15 per share

- 2025-05: $316.82 per share

- 2025-06: $298.89 per share

- 2025-07: $267.10 per share

- 2025-08: $259.97 per share

- 2025-09: $246.60 per share

- 2025-10: $250.10 per share

- 2025-11: $250.00 per share

- 2025-12: $268.30 per share

- 2026-01: $263.64 per share

- 2026-02: $208.72 per share

- 2026-03: $198.29 per share

- 2026-04: $178.71 per share

- 2026-05: $187.07 per share

- 2026-06: $124.44 per share

- 2026-07: $165.92 per share

- 2026-08: $189.76 per share

- 2026-09: $183.37 per share

- 2026-10: $213.56 per share

## Annual estimated value (USD per share)

- FY2017: low $75.57 per share, central $97.12 per share, high $112.72 per share

- FY2018: low $76.99 per share, central $86.72 per share, high $99.66 per share

- FY2019: low $98.30 per share, central $128.59 per share, high $149.19 per share

- FY2020: low $115.09 per share, central $151.16 per share, high $175.08 per share

- FY2021: low $144.44 per share, central $205.62 per share, high $239.75 per share

- FY2022: low $173.68 per share, central $248.61 per share, high $290.40 per share

- FY2023: low $173.92 per share, central $235.18 per share, high $273.73 per share

- FY2024: low $180.73 per share, central $255.54 per share, high $299.09 per share

- FY2025: low $208.21 per share, central $295.46 per share, high $344.44 per share

- FY2026: low $228.32 per share, central $317.26 per share, high $369.30 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:31:46.365Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1467373/000146737325000217/acn-20250831.htm); period 2025-08-31, filed 2025-10-10.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Matthew McLennan](https://gigainvestors.com/FE): 118,592 ACN shares; USD 14,757,000 reported position value; 0.02% of portfolio; add; quarter 2026 Q2.
- [Edgar Wachenheim](https://gigainvestors.com/GA): 3,384,681 ACN shares; USD 421,190,000 reported position value; 4.86% of portfolio; new; quarter 2026 Q2.
- [Bill Nygren](https://gigainvestors.com/HA): 2,757,314 ACN shares; USD 343,120,000 reported position value; 0.46% of portfolio; reduce; quarter 2026 Q2.
- [Mark Hillman](https://gigainvestors.com/HCM): 3,055 ACN shares; USD 380,000 reported position value; 0.28% of portfolio; new; quarter 2026 Q2.
- [Allen Bond](https://gigainvestors.com/JIM): 52,235 ACN shares; USD 6,500,000 reported position value; 0.16% of portfolio; reduce; quarter 2026 Q2.
- [David Katz](https://gigainvestors.com/MAVFX): 21,928 ACN shares; USD 4,021,000 reported position value; 0.33% of portfolio; add; quarter 2026 Q3.
- [Thomas Gayner](https://gigainvestors.com/MKL): 159,400 ACN shares; USD 19,836,000 reported position value; 0.15% of portfolio; hold; quarter 2026 Q2.
- [Richard Pzena](https://gigainvestors.com/PIM): 5,142,176 ACN shares; USD 639,893,000 reported position value; 1.88% of portfolio; add; quarter 2026 Q2.
- [Bill Ruane](https://gigainvestors.com/RC): 901,848 ACN shares; USD 112,226,000 reported position value; 1.75% of portfolio; reduce; quarter 2026 Q2.
- [Robert Torray](https://gigainvestors.com/T): 167,690 ACN shares; USD 20,867,000 reported position value; 3.1% of portfolio; new; quarter 2026 Q2.
- [Wallace Weitz](https://gigainvestors.com/WIM): 119,700 ACN shares; USD 14,895,000 reported position value; 1.03% of portfolio; reduce; quarter 2026 Q2.
- [Dan Davidowitz](https://gigainvestors.com/pcm): 152,800 ACN shares; USD 19,014,000 reported position value; 0.16% of portfolio; reduce; quarter 2026 Q2.

# ACN — Accenture

Held by 1 investor · USD 4,021,000 total · 2026 Q3 · reported price USD 183.37 (split-adjusted).
Page: https://gigainvestors.com/s/ACN

## Holders (2026 Q3)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| David Katz (https://gigainvestors.com/MAVFX) | USD 4,021,000 | 0.3% | add +78.47% |

## Total held by quarter

- 2008 Q1: USD 1,055,100 · 1 holder · USD 35.17
- 2008 Q2: USD 4,849,752 · 1 holder · USD 40.72
- 2008 Q3: USD 4,556,200 · 1 holder · USD 38.00
- 2008 Q4: USD 3,987,264 · 1 holder · USD 32.79
- 2009 Q1: USD 3,348,282 · 1 holder · USD 27.49
- 2009 Q2: USD 4,075,428 · 1 holder · USD 33.46
- 2009 Q3: USD 4,539,486 · 1 holder · USD 37.27
- 2009 Q4: USD 5,075,450 · 1 holder · USD 41.50
- 2010 Q1: USD 5,154,426 · 1 holder · USD 41.94
- 2010 Q2: USD 4,756,584 · 1 holder · USD 38.64
- 2010 Q3: USD 5,175,282 · 1 holder · USD 42.49
- 2010 Q4: USD 5,906,082 · 1 holder · USD 48.49
- 2011 Q1: USD 6,674,572 · 1 holder · USD 54.98
- 2011 Q2: USD 7,334,988 · 1 holder · USD 60.42
- 2011 Q3: USD 6,342,672 · 1 holder · USD 52.68
- 2011 Q4: USD 6,387,600 · 1 holder · USD 53.23
- 2012 Q1: USD 7,482,000 · 1 holder · USD 64.50
- 2012 Q2: USD 7,132,683 · 1 holder · USD 60.09
- 2012 Q3: USD 8,312,561 · 1 holder · USD 70.03
- 2012 Q4: USD 7,827,050 · 1 holder · USD 66.50
- 2013 Q1: USD 8,934,072 · 1 holder · USD 75.97
- 2013 Q2: USD 8,462,496 · 1 holder · USD 71.96
- 2013 Q3: USD 8,439,144 · 1 holder · USD 73.64
- 2013 Q4: USD 9,405,968 · 1 holder · USD 82.22
- 2014 Q1: USD 8,769,200 · 1 holder · USD 79.72
- 2014 Q2: USD 9,377,440 · 1 holder · USD 80.84
- 2014 Q3: USD 10,408,960 · 1 holder · USD 81.32
- 2014 Q4: USD 12,056,850 · 1 holder · USD 89.31
- 2015 Q1: USD 12,648,150 · 1 holder · USD 93.69
- 2015 Q2: USD 13,065,300 · 1 holder · USD 96.78
- 2015 Q3: USD 13,265,100 · 1 holder · USD 98.26
- 2015 Q4: USD 14,316,500 · 1 holder · USD 104.50
- 2016 Q1: USD 16,075,220 · 1 holder · USD 115.40
- 2016 Q2: USD 16,585,656 · 1 holder · USD 113.29
- 2016 Q3: USD 17,885,688 · 1 holder · USD 122.17
- 2016 Q4: USD 17,382,092 · 1 holder · USD 117.13
- 2017 Q1: USD 17,790,192 · 1 holder · USD 119.88
- 2017 Q2: USD 18,354,112 · 1 holder · USD 123.68
- 2017 Q3: USD 21,530,158 · 1 holder · USD 135.07
- 2017 Q4: USD 24,402,546 · 1 holder · USD 153.09
- 2018 Q1: USD 24,467,900 · 1 holder · USD 153.50
- 2018 Q2: USD 26,076,246 · 1 holder · USD 163.59
- 2018 Q3: USD 344,923,684 · 3 holders · USD 170.20
- 2018 Q4: USD 286,101,252 · 3 holders · USD 141.01
- 2019 Q1: USD 1,367,621,538 · 4 holders · USD 176.02
- 2019 Q2: USD 1,476,179,081 · 4 holders · USD 184.77
- 2019 Q3: USD 1,592,406,213 · 4 holders · USD 192.35
- 2019 Q4: USD 1,790,971,748 · 4 holders · USD 210.57
- 2020 Q1: USD 1,498,792,300 · 4 holders · USD 163.26
- 2020 Q2: USD 2,106,797,622 · 4 holders · USD 214.72
- 2020 Q3: USD 2,295,528,453 · 5 holders · USD 225.99
- 2020 Q4: USD 2,644,523,526 · 5 holders · USD 261.21
- 2021 Q1: USD 2,846,773,104 · 5 holders · USD 276.25
- 2021 Q2: USD 3,102,346,446 · 5 holders · USD 294.79
- 2021 Q3: USD 3,500,861,488 · 6 holders · USD 319.92
- 2021 Q4: USD 5,084,265,090 · 7 holders · USD 414.55
- 2022 Q1: USD 3,446,150,198 · 6 holders · USD 337.23
- 2022 Q2: USD 2,849,758,159 · 6 holders · USD 277.65
- 2022 Q3: USD 2,556,717,392 · 6 holders · USD 257.30
- 2022 Q4: USD 2,641,947,829 · 6 holders · USD 266.84
- 2023 Q1: USD 2,847,696,128 · 8 holders · USD 285.81
- 2023 Q2: USD 3,017,953,099 · 8 holders · USD 308.58
- 2023 Q3: USD 2,859,948,470 · 8 holders · USD 307.11
- 2023 Q4: USD 3,049,619,973 · 8 holders · USD 350.91
- 2024 Q1: USD 2,704,939,931 · 8 holders · USD 346.61
- 2024 Q2: USD 2,508,208,320 · 8 holders · USD 303.41
- 2024 Q3: USD 2,707,626,768 · 8 holders · USD 353.48
- 2024 Q4: USD 2,601,240,936 · 9 holders · USD 351.79
- 2025 Q1: USD 2,055,144,710 · 8 holders · USD 312.04
- 2025 Q2: USD 1,363,867,795 · 7 holders · USD 298.89
- 2025 Q3: USD 849,730,383 · 8 holders · USD 246.60
- 2025 Q4: USD 1,219,155,460 · 9 holders · USD 268.30
- 2026 Q1: USD 1,604,849,626 · 10 holders · USD 198.29
- 2026 Q2: USD 1,614,206,994 · 12 holders · USD 124.44
- 2026 Q3: USD 4,021,000 · 1 holder · USD 183.37