Tounjian Advisory Partners LLC Purchases Shares of 9,224 Accenture PLC $ACN

Tounjian Advisory Partners LLC purchased a new position in shares of Accenture PLC (NYSE:ACN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,224 shares of the information technology services provider’s stock, valued at approximately $2,475,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Investors Research Corp boosted its stake in Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after buying an additional 61 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of Accenture during the third quarter worth $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Accenture during the fourth quarter valued at $27,000. Finally, Davis Capital Management acquired a new position in shares of Accenture in the 3rd quarter valued at $28,000. 75.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. UBS Group reaffirmed a “buy” rating on shares of Accenture in a research report on Tuesday. Citigroup reduced their price objective on Accenture from $266.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Jefferies Financial Group upped their target price on Accenture from $270.00 to $280.00 and gave the company a “hold” rating in a research report on Thursday, January 8th. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 price target on shares of Accenture in a report on Thursday, December 18th. Finally, Evercore restated an “outperform” rating and set a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Eighteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.00.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Q2 beat and record bookings — Accenture reported EPS and revenue above expectations and said bookings remain strong, driven by AI and cloud demand; that underpins longer-term growth potential. BusinessWire: Q2 Results
• Positive Sentiment: Strategic partnerships and product wins — New collaborations (notably with Microsoft on agentic security) and ongoing AI initiatives support deal pipeline and cross-sell opportunities. BusinessWire: Microsoft Collaboration
• Positive Sentiment: Shareholder returns — Board announced a quarterly dividend (ex-dividend April 9) reinforcing cash return policy and yielding ~3.2%, which can support investor demand for the stock.
• Neutral Sentiment: Selective analyst upgrades — HSBC moved to “hold” with a $220 target and a few firms maintain outperform/buy ratings even as they trim targets; sentiment among sell‑side analysts is mixed. Finviz: HSBC Upgrade
• Negative Sentiment: Multiple price-target cuts — Several brokers trimmed targets (BMO to $230, RBC to $253, Guggenheim to $250, Robert W. Baird to $265) after the quarter, increasing near‑term downside perception despite differing ratings. Benzinga: Analyst Moves TickerReport
• Negative Sentiment: Cautious revenue outlook — Management’s near-term revenue guidance came in below some Street expectations and the company warned of client caution on large IT transformation spending, which is the key driver of today’s weakness. Reuters: Revenue Forecast
• Negative Sentiment: Analyst downward revisions and stock reaction — Several analysts cut earnings/forecasts after the print and the stock is declining on higher-than-normal volume, reflecting profit‑taking and concern about near‑term execution and AI disruption risks. Benzinga: Forecast Cuts

Accenture Stock Performance

Shares of ACN stock opened at $200.41 on Friday. Accenture PLC has a 52-week low of $187.00 and a 52-week high of $325.71. The company has a quick ratio of 1.41, a current ratio of 1.34 and a debt-to-equity ratio of 0.16. The stock has a market cap of $123.38 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 1.90 and a beta of 1.27. The business has a 50-day simple moving average of $234.38 and a 200-day simple moving average of $246.68.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.09. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The company had revenue of $18.04 billion during the quarter, compared to analysts’ expectations of $17.80 billion. During the same period last year, the business earned $2.82 earnings per share. Accenture’s quarterly revenue was up 7.8% on a year-over-year basis. On average, equities analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be issued a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, April 9th. Accenture’s payout ratio is 53.40%.

Insider Transactions at Accenture

In other Accenture news, CEO John F. Walsh sold 3,986 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $276.38, for a total value of $1,101,650.68. Following the completion of the transaction, the chief executive officer owned 27,221 shares in the company, valued at approximately $7,523,339.98. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Manish Sharma sold 2,731 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $288.13, for a total transaction of $786,883.03. Following the sale, the insider directly owned 7,057 shares in the company, valued at approximately $2,033,333.41. The trade was a 27.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 22,088 shares of company stock worth $5,970,434. Insiders own 0.02% of the company’s stock.

Accenture Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.