Accenture (NYSE:ACN) CEO Sells $140,000.00 in Stock

Accenture PLC (NYSE:ACN) CEO Mauro Macchi sold 500 shares of Accenture stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $280.00, for a total value of $140,000.00. Following the sale, the chief executive officer directly owned 7,123 shares of the company’s stock, valued at $1,994,440. This represents a 6.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Mauro Macchi also recently made the following trade(s):

• On Wednesday, January 7th, Mauro Macchi sold 500 shares of Accenture stock. The shares were sold at an average price of $280.00, for a total transaction of $140,000.00.

Accenture Stock Performance

Accenture stock traded down $0.12 during midday trading on Thursday, hitting $288.42. The company’s stock had a trading volume of 5,742,864 shares, compared to its average volume of 4,510,056. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $177.55 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 2.67 and a beta of 1.25. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a 50-day moving average price of $262.44 and a two-hundred day moving average price of $259.31.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, December 18th. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate of $3.73 by $0.21. The company had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. As a group, sell-side analysts predict that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The business also recently declared 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. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.3%. Accenture’s dividend payout ratio (DPR) is presently 53.88%.

Analysts Set New Price Targets

ACN has been the subject of several analyst reports. UBS Group restated a “buy” rating on shares of Accenture in a research report on Wednesday, January 7th. The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 price objective on shares of Accenture in a research note on Thursday, December 18th. BMO Capital Markets restated a “market perform” rating and set a $300.00 target price on shares of Accenture in a research note on Thursday, December 18th. JPMorgan Chase & Co. decreased their price target on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research note on Friday, September 26th. Finally, Royal Bank Of Canada set a $300.00 price target on Accenture in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Accenture presently has a consensus rating of “Moderate Buy” and a consensus price target of $297.20.

Institutional Trading of Accenture

A number of hedge funds have recently made changes to their positions in ACN. Vanguard Group Inc. raised its holdings in Accenture by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock valued at $19,466,641,000 after buying an additional 1,315,548 shares during the last quarter. State Street Corp increased its position in Accenture by 0.4% in the 3rd quarter. State Street Corp now owns 28,135,065 shares of the information technology services provider’s stock valued at $6,938,156,000 after acquiring an additional 118,460 shares during the period. Capital International Investors raised its stake in shares of Accenture by 41.1% during the third quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after acquiring an additional 4,984,930 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Accenture by 1.1% during the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock worth $4,182,331,000 after purchasing an additional 147,931 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Accenture by 12.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 10,147,796 shares of the information technology services provider’s stock worth $2,502,446,000 after purchasing an additional 1,148,970 shares during the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

About Accenture

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.