Accenture PLC (NYSE:ACN – Get Free Report) CEO Atsushi Egawa sold 10,000 shares of the stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $270.00, for a total transaction of $2,700,000.00. Following the completion of the transaction, the chief executive officer owned 5,996 shares of the company’s stock, valued at approximately $1,618,920. The trade was a 62.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Accenture Trading Up 0.7%
Shares of NYSE ACN opened at $266.18 on Friday. Accenture PLC has a 1 year low of $118.15 and a 1 year high of $291.09. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a 50-day moving average of $208.88 and a 200 day moving average of $191.97. The stock has a market cap of $157.32 billion, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 2.03 and a beta of 1.01.
Accenture (NYSE:ACN – Get Free Report) last announced its quarterly earnings data on Thursday, October 1st. The information technology services provider reported $3.29 earnings per share for the quarter, topping analysts’ consensus estimates of $3.18 by $0.11. Accenture had a net margin of 11.28% and a return on equity of 26.53%. The business had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $18.03 billion. During the same quarter in the prior year, the company earned $3.03 earnings per share. The business’s revenue was up 6.2% compared to the same quarter last year. Accenture has set its FY 2027 guidance at 14.390-14.810 EPS. As a group, sell-side analysts expect that Accenture PLC will post 14.68 EPS for the current fiscal year.
Accenture Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, October 13th will be paid a $1.71 dividend. This represents a $6.84 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, October 13th. This is an increase from Accenture’s previous quarterly dividend of $1.63. Accenture’s dividend payout ratio (DPR) is currently 50.44%.
Trending Headlines about Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture and Mondelēz International are partnering to redesign Mondelēz’s global order-to-cash process with agentic AI. The work will target ordering, invoicing and collections, with potential to improve working-capital management and cash-application accuracy. The announcement provides a customer example of Accenture’s AI services, though no contract value or expected revenue was disclosed. Accenture expands AI work with a major consumer goods customer
- Positive Sentiment: Recent coverage points to Accenture’s strong relative performance following solid quarterly results; analysts have also raised price targets. This supports the positive momentum narrative, although one reported target of $252 is below the level reflected in the supplied trading background. Analysts lift Accenture’s price targets
- Neutral Sentiment: CEO Atsushi Egawa sold 10,000 shares for $2.7 million, reducing his holdings by about 62.5%. The sale was executed under a pre-arranged Rule 10b5-1 plan, which makes it less clearly a signal about the company’s near-term outlook. SEC insider transaction filing
Institutional Trading of Accenture
Several institutional investors have recently added to or reduced their stakes in ACN. Bank of America Corp DE lifted its stake in shares of Accenture by 2.2% during the 1st quarter. Bank of America Corp DE now owns 6,531,231 shares of the information technology services provider’s stock worth $1,295,078,000 after acquiring an additional 143,483 shares during the last quarter. Pzena Investment Management LLC grew its position in Accenture by 17.7% in the 3rd quarter. Pzena Investment Management LLC now owns 6,054,682 shares of the information technology services provider’s stock valued at $1,110,247,000 after acquiring an additional 912,506 shares during the last quarter. First Trust Advisors LP grew its position in Accenture by 120.0% in the 1st quarter. First Trust Advisors LP now owns 3,482,150 shares of the information technology services provider’s stock valued at $690,475,000 after acquiring an additional 1,899,305 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Accenture by 24.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 2,384,954 shares of the information technology services provider’s stock valued at $472,913,000 after acquiring an additional 466,452 shares during the last quarter. Finally, Artemis Investment Management LLP increased its stake in Accenture by 67.6% in the third quarter. Artemis Investment Management LLP now owns 2,196,789 shares of the information technology services provider’s stock worth $402,825,000 after purchasing an additional 885,687 shares during the period. 75.14% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research analysts have issued reports on ACN shares. Truist Financial lifted their price objective on Accenture from $150.00 to $220.00 and gave the company a “hold” rating in a research note on Friday, October 2nd. Jefferies Financial Group set a $220.00 target price on Accenture in a research note on Friday, October 2nd. JPMorgan Chase & Co. raised their price target on Accenture from $179.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, September 25th. Royal Bank Of Canada raised their price target on Accenture from $175.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, October 2nd. Finally, Argus lifted their price target on Accenture from $220.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. Ten research analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $221.07.
Read Our Latest Stock Report on Accenture
Accenture Company Profile
Accenture plc is a global professional services company that helps organizations transform their businesses through consulting, technology and managed services. Its work spans strategy and consulting, technology implementation, operations, and interactive customer experiences.
The company provides services in areas including cloud computing, artificial intelligence, cybersecurity, data and analytics, digital engineering, enterprise software, systems integration and business process outsourcing.
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