Insider Selling: Accenture (NYSE:ACN) CAO Sells $1,008,263.88 in Stock

Accenture PLC (NYSE:ACN) CAO Melissa Burgum sold 3,588 shares of the firm’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the transaction, the chief accounting officer owned 8,179 shares in the company, valued at approximately $2,298,380.79. The trade was a 30.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Accenture Price Performance

ACN opened at $261.01 on Friday. 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’s 50-day moving average price is $270.28 and its 200 day moving average price is $258.11. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The firm has a market cap of $160.68 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 2.60 and a beta of 1.25.

Accenture (NYSE:ACN) last posted its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.73 by $0.21. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same period in the prior year, the company earned $3.59 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.5%. Accenture’s payout ratio is 53.88%.

Wall Street Analysts Forecast Growth

ACN has been the topic of several recent research reports. Citigroup upgraded shares of Accenture to a “hold” rating in a research report on Thursday, October 23rd. Guggenheim boosted their price objective on Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Evercore ISI restated an “outperform” rating and issued a $300.00 target price on shares of Accenture in a research report on Thursday, December 18th. Truist Financial assumed coverage on shares of Accenture in a research note on Tuesday, January 6th. They set a “buy” rating and a $317.00 price objective on the stock. Finally, Dbs Bank upgraded shares of Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $298.38.

Institutional Trading of Accenture

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sanders Capital LLC acquired a new position in Accenture in the second quarter worth approximately $2,637,640,000. Norges Bank acquired a new position in shares of Accenture in the 2nd quarter worth $2,216,850,000. Capital International Investors raised its position in shares of Accenture by 41.1% during the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock worth $4,223,839,000 after purchasing an additional 4,984,930 shares during the period. Vanguard Group Inc. boosted its position in shares of Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after purchasing an additional 1,315,548 shares during the period. Finally, Voloridge Investment Management LLC purchased a new position in Accenture in the 3rd quarter worth about $311,694,000. 75.14% of the stock is currently owned by institutional investors.

Accenture Company 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.