In its first-quarter 2026 investor letter, Madison Large Cap Fund highlighted Accenture plc (NYSE:ACN).
Accenture plc (NYSE:ACN), a professional services company that focuses on consulting, technology and outsourcing, was among the leading detractors from performance during the quarter
On June 12, 2026, Accenture plc (NYSE:ACN) closed at $170.28 per share. One-month return of Accenture plc (NYSE:ACN) was -4.09%, and its shares lost 45.83% over the past 52 weeks. Accenture plc (NYSE:ACN) has a market capitalization of $104.79 billion.
Madison Large Cap Fund stated the following regarding Accenture plc (NYSE:ACN) in its Q1 2026 investor letter: “The bottom five detractors for the quarter were Gartner, Danaher, Workday, Accenture plc (NYSE:ACN), and Agilent Technologies. At Accenture, performance continues to be muted as clients eschew large discretionary projects and Department of Government Efficiency (“DOGE”) efforts weigh on its Public Service customer group. While we’ve long admired Accenture’s ability to retool its nearly 800,000 employee workforce to adapt and commercialize the latest technology with its large enterprise customer base, we sold our position in the quarter.