ClearBridge Investments released its third-quarter 2025 investor letter, noting equity market gains driven by tariff results, interest rate cuts, strong corporate earnings, and tech performance. The strategy slightly underperformed the benchmark due to exposure to AI “losers.” Check out the fund’s top five holdings for insights into its 2025 picks.

In the same letter, ClearBridge highlighted Accenture plc (NYSE:ACN), a professional services company. Accenture’s one-month return was -3.78%, with shares losing 32.28% in the last 52 weeks. As of October 3, 2025, ACN stock closed at $245.32 per share, with a market cap of $152.589 billion.

ClearBridge Large Cap Growth Strategy mentioned trimming exposure to application software providers, including Accenture plc (NYSE:ACN), due to AI risks. Concerns about Accenture’s consulting growth being offset by tech spending environment led to the sale. The company helps clients build digital infrastructure but faces challenges in a muted tech spending landscape.

Accenture plc (NYSE:ACN) is not among the 30 Most Popular Stocks Among Hedge Funds. In fiscal Q4 of 2025, ACN reported $17.6 billion in revenues, up 7% in USD and 4.5% in local currency. While Accenture has potential, some AI stocks offer greater upside with less downside risk. Investors seeking undervalued AI stocks may find our free report on the best short-term AI stock valuable.

Read more at Yahoo Finance: Here’s Why ClearBridge Large Cap Growth Strategy Decided to Sell Accenture (ACN)