Here’s What Weighed on Accenture (ACN) Shares

Matrix Asset Advisors, an asset management company, released its Q3 2025 investor letter. A copy of the letter can be downloaded here. The stock market continued its recovery from the April lows, gaining +8.12% in the third quarter and +14.83% YTD. The Matrix Large Cap Value strategy delivered a strong performance in the third quarter, which modestly outperformed the S&P 500® gain and was significantly ahead of the Russell 1000 Value® Index. Following a strong first half of the year, the Matrix Dividend Income (MDI) portfolio delivered another strong quarter. While this quarter’s performance lagged behind the Russell 1000 Value® Index and the S&P 500 over the past three months, the results for the nine months ending September 30 were robust, showing gains in the low teens. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Matrix Asset Advisors highlighted stocks such as Accenture plc (NYSE:ACN). Accenture plc (NYSE:ACN) is a professional services company that provides management consulting, technology, and outsourcing services. The one-month return of Accenture plc (NYSE:ACN) was -2.77%, and its shares lost 32.86% of their value over the last 52 weeks. On November 20, 2025, Accenture plc (NYSE:ACN) stock closed at $240.79 per share, with a market capitalization of $149.977 billion.

Matrix Asset Advisors stated the following regarding Accenture plc (NYSE:ACN) in its third quarter 2025 investor letter:

“Accenture plc (NYSE:ACN) is a global professional services firm providing consulting, technology, and operations services. Its stock has declined sharply this year due to a slowdown in client spending and reduced forward bookings. An additional headwind for the company this year is the delay and cancellation of government contracts in its federal services unit (about 8% of revenue). Although it is unclear when the federal services business will recover, the company is projecting earnings growth of 5% to 8% for 2026. ACN has a very strong balance sheet, with more cash than debt, and is expected to generate close to $10 billion in free cash flow this year. The company recently raised its dividend by 10% bringing its yield up to 2.7% and authorized an additional $5 billion share repurchase program.”

Accenture’s (ACN) Oversold Status May Offer a Smart Entry Point for Dividend Investors

Accenture plc (NYSE:ACN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 65 hedge fund portfolios held Accenture plc (NYSE:ACN) at the end of the second quarter, compared to 69 in the previous quarter. In the fiscal fourth quarter of 2025, Accenture plc (NYSE:ACN) reported revenues of $17.6 billion, reflecting a 7% increase in U.S. dollars and 4.5% in local currency. While we acknowledge the risk and potential of Accenture plc (NYSE:ACN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Accenture plc (NYSE:ACN) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Accenture plc (NYSE:ACN) and shared ClearBridge Growth Strategy’s views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.