Accenture (NYSE:ACN) CEO Sells $488,380.20 in Stock

Accenture PLC (NYSE:ACN) CEO Julie Spellman Sweet sold 1,694 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $288.30, for a total value of $488,380.20. Following the completion of the transaction, the chief executive officer owned 37,346 shares of the company’s stock, valued at approximately $10,766,851.80. This represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, November 5th, Julie Spellman Sweet sold 5,917 shares of Accenture stock. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54.
• On Wednesday, October 29th, Julie Spellman Sweet sold 9,000 shares of Accenture stock. The stock was sold at an average price of $253.40, for a total transaction of $2,280,600.00.
• On Wednesday, October 22nd, Julie Spellman Sweet sold 9,000 shares of Accenture stock. The shares were sold at an average price of $249.57, for a total transaction of $2,246,130.00.

Accenture Stock Performance

Shares of ACN opened at $286.33 on Friday. The company has a market cap of $176.27 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 2.76 and a beta of 1.25. The firm has a 50-day moving average of $264.19 and a 200-day moving average of $259.12. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.73 by $0.21. The business had revenue of $18.74 billion during 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%. Accenture’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the business posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, equities analysts forecast that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors 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 dividend on an annualized basis and a dividend yield of 2.3%. Accenture’s payout ratio is presently 53.88%.

Analyst Upgrades and Downgrades

ACN has been the topic of several research reports. BMO Capital Markets reiterated a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a report on Thursday, December 18th. TD Cowen upped their price target on shares of Accenture from $295.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, December 19th. UBS Group restated a “buy” rating on shares of Accenture in a research report on Wednesday, January 7th. Rothschild & Co Redburn upped their target price on Accenture from $205.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Finally, Cowen reissued a “buy” rating on shares of Accenture in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $297.20.

Institutional Investors Weigh In On Accenture

Several institutional investors have recently made changes to their positions in ACN. Jaffetilchin Investment Partners LLC raised its holdings in Accenture by 4.2% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 878 shares of the information technology services provider’s stock valued at $236,000 after acquiring an additional 35 shares in the last quarter. Firethorn Wealth Partners LLC increased its position in shares of Accenture by 4.4% in the second quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock worth $255,000 after purchasing an additional 36 shares during the period. Wealthcare Advisory Partners LLC raised its stake in Accenture by 0.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock valued at $1,465,000 after purchasing an additional 38 shares in the last quarter. Piscataqua Savings Bank lifted its position in Accenture by 5.3% during the second quarter. Piscataqua Savings Bank now owns 796 shares of the information technology services provider’s stock worth $238,000 after purchasing an additional 40 shares during the period. Finally, Capital Advisors Ltd. LLC increased its holdings in Accenture by 3.5% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock valued at $363,000 after buying an additional 41 shares during the period. 75.14% of the stock is currently owned by institutional investors.

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.