Insider Selling: Accenture (NYSE:ACN) General Counsel Sells $366,300.00 in Stock

Accenture PLC (NYSE:ACNGet Free Report) General Counsel Joel Unruch sold 1,332 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $275.00, for a total value of $366,300.00. Following the sale, the general counsel owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Accenture Stock Up 2.8%

ACN stock opened at $281.52 on Friday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The business has a 50-day simple moving average of $259.69 and a 200 day simple moving average of $259.97. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.16. The company has a market cap of $173.30 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 2.64 and a beta of 1.25.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The firm had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Sell-side analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, January 13th. Accenture’s payout ratio is currently 53.88%.

Key Headlines Impacting Accenture

Here are the key news stories impacting Accenture this week:

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ACN. Wolfe Research boosted their price target on Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, December 11th. Rothschild & Co Redburn boosted their target price on Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday. HSBC raised their price target on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Mizuho lowered their price objective on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research report on Monday, September 29th. Finally, BNP Paribas Exane cut their target price on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $295.84.

Get Our Latest Stock Analysis on ACN

Institutional Investors Weigh In On Accenture

Several institutional investors and hedge funds have recently made changes to their positions in ACN. Brighton Jones LLC boosted its holdings in shares of Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after buying an additional 4,905 shares in the last quarter. Redwood Investments LLC boosted its stake in Accenture by 6.2% during the first quarter. Redwood Investments LLC now owns 22,087 shares of the information technology services provider’s stock worth $6,892,000 after acquiring an additional 1,287 shares in the last quarter. Voleon Capital Management LP acquired a new stake in Accenture in the first quarter worth $1,387,000. Hamilton Capital LLC increased its stake in Accenture by 5.1% in the first quarter. Hamilton Capital LLC now owns 1,502 shares of the information technology services provider’s stock valued at $469,000 after purchasing an additional 73 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of Accenture by 0.9% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 19,529 shares of the information technology services provider’s stock worth $6,094,000 after purchasing an additional 174 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Accenture (NYSE:ACN)

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