Accenture PLC (NYSE:ACN - Get Free Report) General Counsel Joel Unruch sold 10,498 shares of the business's stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the completion of the transaction, the general counsel owned 17,735 shares of the company's stock, valued at $2,890,450.30. This represents a 37.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Accenture Stock Up 1.9%
NYSE:ACN opened at $166.34 on Friday. The company's 50-day simple moving average is $152.56 and its 200-day simple moving average is $191.12. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09. The stock has a market capitalization of $111.08 billion, a P/E ratio of 13.29, a P/E/G ratio of 1.69 and a beta of 1.13.
Accenture (NYSE:ACN - Get Free Report) last posted its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 EPS for the quarter, topping the consensus estimate of $3.70 by $0.10. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The firm had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. During the same quarter in the previous year, the business posted $3.49 EPS. Accenture's revenue was up 5.6% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, equities analysts anticipate that Accenture PLC will post 13.85 earnings per share for the current fiscal year.
Accenture announced that its Board of Directors has approved a stock repurchase plan on Tuesday, June 23rd that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the information technology services provider to buy up to 2.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.
Accenture Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.9%. Accenture's dividend payout ratio is presently 52.08%.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of ACN. Teacher Retirement System of Texas lifted its position in Accenture by 27.7% during the fourth quarter. Teacher Retirement System of Texas now owns 282,340 shares of the information technology services provider's stock valued at $75,752,000 after purchasing an additional 61,314 shares during the period. Sequoia Financial Advisors LLC grew its position in Accenture by 197.2% during the 4th quarter. Sequoia Financial Advisors LLC now owns 141,484 shares of the information technology services provider's stock worth $37,960,000 after purchasing an additional 93,880 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Accenture by 36.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 557,516 shares of the information technology services provider's stock worth $149,582,000 after purchasing an additional 149,357 shares during the period. Vanguard Group Inc. raised its stake in shares of Accenture by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 66,070,930 shares of the information technology services provider's stock valued at $17,726,831,000 after buying an additional 854,361 shares during the last quarter. Finally, Swiss Life Asset Management Ltd lifted its holdings in shares of Accenture by 12.0% in the 4th quarter. Swiss Life Asset Management Ltd now owns 335,314 shares of the information technology services provider's stock valued at $89,965,000 after buying an additional 36,037 shares during the period. 75.14% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Accenture
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: UniCredit digital-transformation deal: Accenture and IBM are collaborating with UniCredit to build a next-generation European banking platform. The project reinforces Accenture’s position in large, strategic technology-transformation contracts and could support future bookings and revenue. UniCredit, Accenture and IBM Collaborate to Build Europe's Next-Generation Banking Platform
- Positive Sentiment: AI strategy remains a potential catalyst: Coverage highlighted Accenture’s investments in artificial intelligence and its Edge business as opportunities to capture demand for AI implementation and enterprise modernization. Successful execution could improve growth prospects and sentiment toward the stock. Why Is Accenture Strengthening Its AI Strategy?
- Positive Sentiment: Deeply discounted valuation: Analysts noted that ACN trades at roughly 12 times fiscal 2026 earnings following a steep decline, with an approximately 4% dividend yield. The valuation has prompted cautious views that the market may be pricing in more permanent business damage than ultimately occurs. ACN Got Cheaper. The Business Did Not Get Worse
- Neutral Sentiment: Insider selling disclosed: General Counsel Joel Unruch sold 10,498 shares for about $1.7 million, reducing his holdings by 37.2%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it offers limited insight into current management expectations. Accenture Insider Trading Filing
- Negative Sentiment: Execution concerns remain: Accenture’s organic growth is weak and bookings have declined, while Capgemini’s stronger performance suggests that some of ACN’s pressure may reflect company-specific execution issues rather than industry conditions. AI initiatives are promising, but their ability to scale and expand margins remains unproven. Accenture: The Market Is Pricing In Too Much Permanent Damage
Wall Street Analysts Forecast Growth
ACN has been the topic of several research analyst reports. Royal Bank Of Canada dropped their target price on Accenture from $253.00 to $175.00 and set an "outperform" rating on the stock in a research note on Monday, June 22nd. William Blair downgraded Accenture from an "outperform" rating to a "market perform" rating in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $136.00 price target on shares of Accenture in a research note on Friday, July 10th. BNP Paribas Exane decreased their price objective on shares of Accenture from $180.00 to $130.00 and set a "neutral" rating for the company in a research report on Friday, June 26th. Finally, Robert W. Baird set a $190.00 target price on shares of Accenture in a research report on Thursday, June 18th. Twelve equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $192.96.
Read Our Latest Analysis on Accenture
Accenture Company Profile
(
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
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
