Accenture (NYSE:ACN) CEO Mauro Macchi Sells 500 Shares of Stock

Accenture PLC (NYSE:ACN) CEO Mauro Macchi sold 500 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $280.00, for a total transaction of $140,000.00. Following the completion of the sale, the chief executive officer directly owned 7,623 shares of the company’s stock, valued at approximately $2,134,440. This trade represents a 6.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Accenture Stock Down 0.7%

Shares of ACN opened at $274.00 on Thursday. Accenture PLC has a 52 week low of $229.40 and a 52 week high of $398.35. The firm has a market capitalization of $168.68 billion, a P/E ratio of 22.64, a P/E/G ratio of 2.66 and a beta of 1.25. The company has a 50-day simple moving average of $259.04 and a 200-day simple moving average of $259.82. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41.

Accenture (NYSE:ACN) last announced its quarterly earnings data on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $18.51 billion. During the same quarter last year, the company earned $3.59 EPS. The company’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. On average, equities research analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Tuesday, January 13th will be paid a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a yield of 2.4%. Accenture’s payout ratio is presently 53.88%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on ACN shares. Citigroup raised Accenture to a “hold” rating in a report on Thursday, October 23rd. Dbs Bank upgraded Accenture from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 27th. Guggenheim upped their target price on shares of Accenture from $285.00 to $305.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. Finally, Wall Street Zen cut shares of Accenture from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $295.84.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Norway Savings Bank boosted its holdings in Accenture by 0.9% in the second quarter. Norway Savings Bank now owns 4,123 shares of the information technology services provider’s stock valued at $1,232,000 after acquiring an additional 36 shares during the last quarter. Firethorn Wealth Partners LLC boosted its stake in shares of Accenture by 4.4% in the 2nd quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock valued at $255,000 after purchasing an additional 36 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of Accenture by 0.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock worth $1,465,000 after buying an additional 38 shares during the period. Piscataqua Savings Bank lifted its holdings in Accenture by 5.3% in the second quarter. Piscataqua Savings Bank now owns 796 shares of the information technology services provider’s stock valued at $238,000 after buying an additional 40 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its stake in Accenture by 3.5% in the second quarter. Capital Advisors Ltd. LLC now owns 1,214 shares of the information technology services provider’s stock valued at $363,000 after acquiring an additional 41 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Accenture Company Profile

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.