Accenture PLC (NYSE:ACN - Get Free Report) General Counsel Joel Unruch sold 1,026 shares of the firm's stock in a transaction that occurred on 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 owned 27,181 shares of the company's stock, valued at $7,656,887.70. This trade represents a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
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 transaction of $366,300.00.
Accenture Stock Down 0.0%
Shares of NYSE:ACN opened at $281.01 on Tuesday. The company has a market cap of $172.99 billion, a price-to-earnings ratio of 23.22, a PEG ratio of 2.71 and a beta of 1.25. Accenture PLC has a one year low of $229.40 and a one year high of $398.35. The firm has a fifty day moving average price of $268.58 and a two-hundred day moving average price of $258.04. 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 - Get Free Report) last posted its quarterly earnings data 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. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The company had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.51 billion. During the same quarter last year, the company earned $3.59 earnings per share. The firm's quarterly revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Analysts anticipate that Accenture PLC will post 12.73 EPS for the current fiscal year.
Accenture Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be given a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, January 13th. Accenture's dividend payout ratio is 53.88%.
Analysts Set New Price Targets
A number of research firms have commented on ACN. Argus cut their price target on shares of Accenture from $370.00 to $335.00 and set a "buy" rating for the company in a research note on Monday, December 29th. Jefferies Financial Group upped their target price on shares of Accenture from $270.00 to $280.00 and gave the stock a "hold" rating in a research report on Thursday, January 8th. The Goldman Sachs Group restated a "buy" rating and set a $330.00 price target 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 for the company in a report on Monday, September 29th. Finally, Rothschild & Co Redburn raised their price objective on Accenture from $205.00 to $210.00 and gave the company a "neutral" rating in a report on Monday, January 5th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Accenture presently has a consensus rating of "Moderate Buy" and an average target price of $298.38.
View Our Latest Research Report on ACN
Institutional Investors Weigh In On Accenture
Institutional investors have recently bought and sold shares of the stock. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Accenture during the fourth quarter valued at approximately $221,000. Chicago Capital LLC raised its holdings in Accenture by 5.0% during the 4th quarter. Chicago Capital LLC now owns 8,662 shares of the information technology services provider's stock valued at $2,324,000 after buying an additional 409 shares during the last quarter. Moss Adams Wealth Advisors LLC purchased a new stake in Accenture during the 4th quarter valued at $410,000. Midland Wealth Advisors LLC bought a new stake in Accenture in the 4th quarter worth $485,000. Finally, Trivium Point Advisory LLC increased its position in shares of Accenture by 22.2% in the fourth quarter. Trivium Point Advisory LLC now owns 1,645 shares of the information technology services provider's stock valued at $441,000 after acquiring an additional 299 shares during the period. 75.14% of the stock is currently owned by hedge funds and other institutional investors.
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.
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