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Grove Bank & Trust cuts Accenture shares by 33%, while Accenture reports strong earnings and raises dividends.

Company Fundamentals
22 Mar 2026
Defense World
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Bullish
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Grove Bank & Trust sold 3,130 shares of Accenture, reducing its stake by 33.2% in Q4, holding 6,308 shares valued at $1.69 million. Accenture reported better-than-expected Q2 earnings with $2.93 EPS, driven by AI and cloud demand, and announced a quarterly dividend of $1.63 per share. Despite some analyst price target cuts and cautious near-term revenue outlook, Accenture maintains strong institutional ownership and strategic partnerships, supporting its long-term growth potential.

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