Tounjian Advisory Partners LLC Takes $2.48 Million Position in Accenture PLC $ACN

Tounjian Advisory Partners LLC purchased a new position in Accenture PLC (NYSE:ACN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 9,224 shares of the information technology services provider’s stock, valued at approximately $2,475,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ACN. Norges Bank purchased a new position in Accenture during the second quarter worth $2,216,850,000. Capital International Investors raised its stake in shares of Accenture by 41.1% in the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after acquiring an additional 4,984,930 shares during the period. Voloridge Investment Management LLC bought a new stake in shares of Accenture in the 3rd quarter worth about $311,694,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Accenture by 12.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after purchasing an additional 1,148,970 shares during the period. Finally, Capital World Investors bought a new position in Accenture during the 3rd quarter valued at about $268,578,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Accenture news, General Counsel Joel Unruch sold 1,332 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $275.00, for a total transaction of $366,300.00. Following the completion of the sale, the general counsel owned 28,207 shares in the company, valued at $7,756,925. This represents a 4.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Julie Spellman Sweet sold 6,057 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the sale, the chief executive officer directly owned 15,255 shares in the company, valued at $3,679,963.65. This trade represents a 28.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,088 shares of company stock valued at $5,970,434 over the last ninety days. Company insiders own 0.02% of the company’s stock.

Trending Headlines about Accenture

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 Price Performance

ACN opened at $200.41 on Friday. The company has a market capitalization of $123.38 billion, a price-to-earnings ratio of 16.41, a PEG ratio of 1.90 and a beta of 1.27. The company has a current ratio of 1.34, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a 12-month low of $187.00 and a 12-month high of $325.71. The business’s fifty day simple moving average is $234.38 and its 200-day simple moving average is $246.68.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, March 19th. The information technology services provider reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.09. The company had revenue of $18.04 billion during the quarter, compared to analyst estimates of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.82 earnings per share. On average, equities research analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 9th will be paid a dividend of $1.63 per share. The ex-dividend date is Thursday, April 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.3%. Accenture’s dividend payout ratio (DPR) is currently 53.40%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ACN shares. Robert W. Baird reduced their price objective on shares of Accenture from $330.00 to $265.00 and set an “outperform” rating on the stock in a research report on Friday. Guggenheim cut their target price on Accenture from $275.00 to $250.00 and set a “buy” rating on the stock in a research note on Friday. Citigroup reduced their price target on Accenture from $266.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Wolfe Research boosted their price objective on Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, December 11th. Finally, Morgan Stanley decreased their target price on Accenture from $320.00 to $240.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Eighteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $276.00.

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.