BlackRock Amends Accenture Stake, Signals Portfolio Adjustment

TL;DR

**BlackRock just updated its Accenture holdings, watch for potential market reaction.**

AI Summary

BlackRock Inc. has filed an amended SC 13G/A, indicating a change in its ownership stake in Accenture plc as of December 31, 2023. This filing, an amendment number 10, updates previous disclosures under Rule 13d-1(b). While the specific percentage or number of shares isn't detailed in the provided text, the amendment signals that BlackRock's passive investment position in Accenture has been adjusted. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can sometimes signal shifts in its outlook on the company, potentially influencing other investors.

Why It Matters

Changes in major institutional holdings like BlackRock's can influence market sentiment and potentially impact Accenture's stock price, as large investors often conduct extensive due diligence.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive investor and doesn't inherently signal significant risk or opportunity, but rather a portfolio adjustment.

Analyst Insight

Investors should monitor subsequent filings or news from BlackRock for more specific details on their Accenture holdings, as this filing only indicates an amendment without specifying the change in share count or percentage.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• Accenture plc (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• Amendment No: 10 (number) — the specific amendment number for this filing

FAQ

From the Filing

0001086364-24-006110.txt : 20240201 0001086364-24-006110.hdr.sgml : 20240201 20240201130456 ACCESSION NUMBER: 0001086364-24-006110 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Accenture plc CENTRAL INDEX KEY: 0001467373 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 980627530 STATE OF INCORPORATION: L2 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85237 FILM NUMBER: 24585939 BUSINESS ADDRESS: STREET 1: 1 GRAND CANAL SQUARE STREET 2: GRAND CANAL HARBOUR CITY: DUBLIN STATE: L2 ZIP: D2 BUSINESS PHONE: 353-1-646-2000 MAIL ADDRESS: STREET 1: 1 GRAND CANAL SQUARE STREET 2: GRAND CANAL HARBOUR CITY: DUBLIN STATE: L2 ZIP: D2 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 ie00b4bnmy34_020124.txt ie00b4bnmy34_020124.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 10) ACCENTURE PLC -------------------------------------------------------- (Name of Issuer) Class A Common Stock -------------------------------------------------------- (Title of Class of Securities) B4BNMY3 -------------------------------------------------------- (SEDOL Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SEDOL No. B4BNMY3 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 42951588 (6) Shared voting power 0 (7) Sole dispositive power 47931575 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 47931575 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.2% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- ACCENTURE PLC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1 GRAND CANAL SQUARE, GRAND CANAL HARBOUR Dublin 2 Ireland D02 P820 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal busi