Ryoji Sekido Sells 2,500 Shares of Accenture (NYSE:ACN) Stock

Accenture PLC (NYSE:ACN) CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the transaction, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at $346,763.30. This represents a 64.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Accenture Price Performance

Shares of NYSE ACN opened at $247.93 on Friday. The stock has a market capitalization of $163.25 billion, a PE ratio of 20.41, a P/E/G ratio of 2.18 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.42. The business has a fifty day moving average price of $247.27 and a two-hundred day moving average price of $277.58. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.05. The firm had revenue of $17.60 billion during the quarter, compared to analysts’ expectations of $17.34 billion. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. As a group, equities analysts predict that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 annualized dividend and a yield of 2.6%. This is a boost from Accenture’s previous quarterly dividend of $1.48. Accenture’s payout ratio is presently 53.66%.

Hedge Funds Weigh In On Accenture

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Viawealth LLC grew its position in shares of Accenture by 2.6% in the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after buying an additional 33 shares during the last quarter. Aprio Wealth Management LLC grew its position in shares of Accenture by 2.1% in the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after buying an additional 33 shares during the last quarter. First National Advisers LLC grew its position in shares of Accenture by 0.4% in the 1st quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock valued at $2,939,000 after buying an additional 34 shares during the last quarter. TCTC Holdings LLC grew its position in shares of Accenture by 14.5% in the 1st quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock valued at $84,000 after buying an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co grew its position in shares of Accenture by 0.4% in the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock valued at $2,553,000 after buying an additional 35 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Royal Bank Of Canada lowered their price target on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, September 26th. HSBC lowered their price target on Accenture from $240.00 to $215.00 in a report on Friday, September 26th. Jefferies Financial Group reissued a “hold” rating on shares of Accenture in a report on Tuesday, September 30th. TD Cowen lowered their price target on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Accenture in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $297.48.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.