Insider Selling: Accenture (NYSE:ACN) CEO Sells $1,461,130.11 in Stock

Accenture PLC (NYSE:ACN) CEO Julie Spellman Sweet sold 6,057 shares of Accenture stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 15,255 shares in the company, valued at $3,679,963.65. This represents a 28.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Julie Spellman Sweet also recently made the following trade(s):

• On Wednesday, January 14th, Julie Spellman Sweet sold 1,694 shares of Accenture stock. The stock was sold at an average price of $288.30, for a total transaction of $488,380.20.

Accenture Trading Down 3.6%

Shares of ACN stock opened at $222.10 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. Accenture PLC has a fifty-two week low of $215.16 and a fifty-two week high of $392.02. The firm’s 50 day moving average price is $267.59 and its two-hundred day moving average price is $255.31. The stock has a market cap of $136.73 billion, a price-to-earnings ratio of 18.36, a price-to-earnings-growth ratio of 2.22 and a beta of 1.24.

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

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be given a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.9%. Accenture’s dividend payout ratio is presently 53.88%.

Institutional Investors Weigh In On Accenture

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC grew its position in shares of Accenture by 36.2% in the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after acquiring an additional 4,905 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Accenture by 46.9% in the second quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after purchasing an additional 660 shares during the period. CWM LLC increased its stake in Accenture by 2.6% during the second quarter. CWM LLC now owns 88,780 shares of the information technology services provider’s stock valued at $26,536,000 after purchasing an additional 2,272 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Accenture by 7.9% during the second quarter. Allspring Global Investments Holdings LLC now owns 314,892 shares of the information technology services provider’s stock worth $95,293,000 after purchasing an additional 23,021 shares during the period. Finally, MOKAN Wealth Management Inc. bought a new position in shares of Accenture in the 2nd quarter worth about $1,263,000. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Argus decreased their price target on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a report on Monday, December 29th. Evercore restated an “outperform” rating and issued a $300.00 target price on shares of Accenture in a research note on Thursday, December 18th. TD Cowen lifted their price target on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Citigroup upgraded shares of Accenture to a “hold” rating in a report on Thursday, October 23rd. Finally, UBS Group downgraded Accenture from a “buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Sixteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Accenture has a consensus rating of “Moderate Buy” and a consensus price target of $298.38.

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.