Accenture (NYSE:ACN) General Counsel Joel Unruch Sells 1,026 Shares of Stock

Accenture PLC (NYSE:ACN) General Counsel Joel Unruch sold 1,026 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $281.70, for a total transaction of $289,024.20. Following the completion of the transaction, the general counsel directly owned 27,181 shares in the company, valued at approximately $7,656,887.70. The trade was a 3.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Joel Unruch also recently made the following trade(s):

• On Tuesday, January 6th, Joel Unruch sold 1,332 shares of Accenture stock. The stock was sold at an average price of $275.00, for a total value of $366,300.00.

Accenture Stock Down 0.0%

ACN stock opened at $281.01 on Tuesday. The firm has a market capitalization of $172.99 billion, a PE ratio of 23.22, a P/E/G ratio of 2.71 and a beta of 1.25. 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 twelve month low of $229.40 and a twelve month high of $398.35. The stock’s 50 day moving average is $268.58 and its 200-day moving average is $258.04.

Accenture (NYSE:ACN) last released its quarterly 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 return on equity of 26.65% and a net margin of 10.76%.The business 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 firm posted $3.59 EPS. Accenture’s quarterly 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. Sell-side analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The company also recently declared 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 is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.3%. Accenture’s payout ratio is 53.88%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. The Goldman Sachs Group reissued a “buy” rating and set a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Mizuho cut their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Rothschild & Co Redburn raised 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. Jefferies Financial Group boosted their price target on shares of Accenture from $270.00 to $280.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. Finally, HSBC raised their price objective on shares of Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Sixteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $298.38.

Hedge Funds Weigh In On Accenture

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ACN. Sanders Capital LLC purchased a new stake in shares of Accenture during the 2nd quarter valued at approximately $2,637,640,000. Norges Bank bought a new stake in Accenture during the 2nd quarter valued at $2,216,850,000. Capital International Investors boosted its holdings in shares of Accenture by 41.1% in 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 acquiring an additional 4,984,930 shares during the period. Vanguard Group Inc. grew its position in shares of Accenture by 2.1% in the second 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 in the last quarter. Finally, Voloridge Investment Management LLC bought a new stake in shares of Accenture during the 3rd quarter valued at $311,694,000. Institutional investors own 75.14% of the company’s stock.

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.