Accenture (NYSE:ACN) General Counsel Joel Unruch Sells 1,332 Shares of 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 stock was sold at an average price of $275.00, for a total value of $366,300.00. Following the completion of the transaction, the general counsel owned 28,207 shares of the company’s stock, valued at approximately $7,756,925. The trade was a 4.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Accenture Price Performance

Shares of NYSE ACN opened at $275.31 on Wednesday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The business’s 50 day moving average price is $258.52 and its 200 day moving average price is $259.72. 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 market cap of $169.48 billion, a P/E ratio of 22.75, a P/E/G ratio of 2.55 and a beta of 1.25.

Accenture (NYSE:ACNGet Free Report) last posted 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. The company had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. Accenture’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, January 13th will be given a dividend of $1.63 per share. 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%.

Institutional Trading of Accenture

A number of institutional investors and hedge funds have recently modified their holdings of ACN. Board of the Pension Protection Fund acquired a new stake in Accenture in the 4th quarter worth about $27,000. Investors Research Corp raised its holdings in shares of Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of 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 acquiring an additional 61 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of Accenture in the third quarter worth approximately $26,000. Finally, Davis Capital Management purchased a new stake in shares of Accenture during the third quarter worth approximately $28,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.

More Accenture News

Here are the key news stories impacting Accenture this week:

Wall Street Analyst Weigh In

Several analysts recently commented on the company. HSBC raised their target price on Accenture from $215.00 to $235.00 in a report on Friday, December 19th. Rothschild & Co Redburn raised their price objective on shares of Accenture from $205.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday. Mizuho decreased their target price on shares of Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. Wells Fargo & Company initiated coverage on shares of Accenture in a research report on Tuesday, October 21st. They set an “equal weight” rating and a $251.00 price target on the stock. Finally, Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $295.84.

Read Our Latest Stock Report on ACN

About Accenture

(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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