Joel Unruch Sells 1,332 Shares of Accenture (NYSE:ACN) Stock

Accenture PLC (NYSE:ACNGet Free Report) General Counsel Joel Unruch sold 1,332 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were 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 SEC, which is available at this hyperlink.

Accenture Trading Down 0.7%

NYSE:ACN opened at $274.00 on Thursday. The stock has a market capitalization of $168.68 billion, a price-to-earnings ratio of 22.64, a PEG ratio of 2.66 and a beta of 1.25. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. 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 firm has a 50 day moving average of $259.04 and a 200 day moving average of $259.82.

Accenture (NYSE:ACNGet Free Report) last issued its quarterly earnings results 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. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The business had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.51 billion. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio (DPR) is currently 53.88%.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Investors Research Corp increased its holdings in shares of Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares in the last quarter. Triumph Capital Management acquired a new position in shares of Accenture in the third quarter worth about $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Accenture during the 4th quarter worth about $27,000. Finally, Davis Capital Management acquired a new stake in shares of Accenture during the 3rd quarter valued at about $28,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Rothschild & Co Redburn lifted their target price on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Accenture from $235.00 to $265.00 and gave the stock a “hold” rating in a research note on Wednesday, December 10th. HSBC upped their target price on Accenture from $215.00 to $235.00 in a research report on Friday, December 19th. Mizuho dropped their price target on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Finally, Argus reduced their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating for the company in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $295.84.

Read Our Latest Research Report on Accenture

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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