Julie Spellman Sweet Sells 6,057 Shares of Accenture (NYSE:ACN) Stock

Accenture PLC (NYSE:ACN) CEO Julie Spellman Sweet sold 6,057 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 15,255 shares of the company’s stock, valued at approximately $3,679,963.65. This represents a 28.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 shares were sold at an average price of $288.30, for a total transaction of $488,380.20.

Accenture Stock Performance

NYSE ACN opened at $230.57 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market capitalization of $141.94 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 2.32 and a beta of 1.24. Accenture PLC has a 52-week low of $228.83 and a 52-week high of $392.02. The company has a 50-day simple moving average of $268.54 and a 200 day simple moving average of $255.54.

Accenture (NYSE:ACN) last released its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share 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 firm had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. During the same period in the prior year, the firm earned $3.59 EPS. The company’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. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Announces Dividend

The firm also recently declared 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 2.8%. Accenture’s payout ratio is 53.88%.

Wall Street Analyst Weigh In

ACN has been the subject of a number of recent research reports. Wolfe Research lifted their price objective on shares of Accenture from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, December 11th. Argus dropped their price objective on Accenture from $370.00 to $335.00 and set a “buy” rating on the stock in a report on Monday, December 29th. UBS Group lowered Accenture from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Berenberg Bank assumed coverage on shares of Accenture in a report on Thursday, January 22nd. They issued a “buy” rating and a $313.00 price target on the stock. Finally, Truist Financial started coverage on shares of Accenture in a research report on Tuesday, January 6th. They issued a “buy” rating and a $317.00 price objective for the company. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $298.38.

Institutional Investors Weigh In On Accenture

Hedge funds have recently added to or reduced their stakes in the company. Running Oak Capital LLC lifted its stake in Accenture by 14.3% during the third quarter. Running Oak Capital LLC now owns 57,541 shares of the information technology services provider’s stock worth $14,190,000 after purchasing an additional 7,190 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Accenture in the 2nd quarter valued at $2,658,000. C WorldWide Group Holding A S lifted its stake in Accenture by 35.9% during the 2nd quarter. C WorldWide Group Holding A S now owns 8,148 shares of the information technology services provider’s stock worth $2,435,000 after acquiring an additional 2,151 shares in the last quarter. Norges Bank purchased a new position in Accenture during the 2nd quarter valued at about $2,216,850,000. Finally, D.A. Davidson & CO. grew its position in Accenture by 17.4% in the 3rd quarter. D.A. Davidson & CO. now owns 258,599 shares of the information technology services provider’s stock valued at $63,771,000 after acquiring an additional 38,325 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

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.