Kovitz Investment Group Partners LLC Sells 366,533 Shares of Accenture PLC $ACN

Kovitz Investment Group Partners LLC decreased its holdings in Accenture PLC (NYSE:ACN) by 79.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 93,084 shares of the information technology services provider’s stock after selling 366,533 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Accenture were worth $24,974,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Triumph Capital Management purchased a new position in Accenture in the 3rd quarter worth approximately $26,000. Board of the Pension Protection Fund purchased a new stake in Accenture during the 4th quarter valued at approximately $27,000. Laurel Wealth Advisors LLC bought a new stake in shares of Accenture during the fourth quarter valued at approximately $27,000. McMillan Office Inc. purchased a new position in shares of Accenture in the fourth quarter worth $27,000. Finally, University of Texas Texas AM Investment Management Co. bought a new position in shares of Accenture during the fourth quarter worth $27,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Wall Street Analysts Forecast Growth

ACN has been the topic of several research analyst reports. Guggenheim decreased their price target on shares of Accenture from $250.00 to $225.00 and set a “buy” rating on the stock in a research note on Thursday, June 11th. BNP Paribas Exane decreased their target price on Accenture from $210.00 to $180.00 and set a “neutral” rating on the stock in a research report on Thursday. Wolfe Research reissued an “outperform” rating and set a $200.00 price target on shares of Accenture in a research note on Tuesday. Robert W. Baird set a $190.00 price objective on Accenture in a research note on Thursday. Finally, BMO Capital Markets decreased their price objective on Accenture from $300.00 to $230.00 and set a “market perform” rating on the stock in a report on Friday, March 20th. Sixteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, Accenture has an average rating of “Moderate Buy” and a consensus price target of $232.41.

Key Accenture News

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture beat Q3 EPS estimates, reporting $3.80 per share versus $3.70 expected, and revenue rose 5.6% year over year, showing the business is still growing. Accenture Reports Third-Quarter Fiscal 2026 Results
• Positive Sentiment: Managed services and cybersecurity remain bright spots, with the company also announcing cybersecurity-related deals and acquisitions that could support longer-term growth. Cybersecurity platform announcement
• Neutral Sentiment: Analysts and commentary continue to frame the weakness as partly tied to slower enterprise AI adoption, with some arguing Accenture could benefit later as an AI implementation partner rather than being structurally impaired.
• Negative Sentiment: The biggest pressure point is the reduced revenue outlook, which suggests customers are still cautious on discretionary IT spending and consulting projects. Top Midday Decliners
• Negative Sentiment: Several brokerages turned more cautious, including William Blair’s downgrade to “market perform” and BNP Paribas Exane’s lower price target, adding to the pressure on the stock. William Blair downgrade
• Negative Sentiment: Revenue missed consensus in the quarter, reinforcing concerns that growth is slowing even though profitability remains solid.

Insiders Place Their Bets

In related news, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the sale, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. This represents a 27.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Accenture Stock Down 18.8%

Shares of NYSE ACN opened at $126.75 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12-month low of $125.60 and a 12-month high of $307.77. The firm’s 50-day moving average price is $178.10 and its 200-day moving average price is $219.00. The stock has a market capitalization of $84.34 billion, a price-to-earnings ratio of 10.38, a P/E/G ratio of 1.48 and a beta of 1.08.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, topping the consensus estimate of $3.70 by $0.10. Accenture had a return on equity of 26.33% and a net margin of 10.61%.The company had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.75 billion. During the same quarter last year, the business posted $3.49 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, equities research analysts anticipate that Accenture PLC will post 13.83 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 5.1%. Accenture’s payout ratio is currently 53.40%.

About Accenture

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.