Insider Selling: Accenture (NYSE:ACN) CEO Sells 5,917 Shares of Stock

Accenture PLC (NYSE:ACN) CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the completion of the sale, the chief executive officer directly owned 8,599 shares of the company’s stock, valued at approximately $2,120,685.38. This represents a 40.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Julie Spellman Sweet also recently made the following trade(s):

• On Wednesday, October 29th, Julie Spellman Sweet sold 9,000 shares of Accenture stock. The stock was sold at an average price of $253.40, for a total transaction of $2,280,600.00.
• On Wednesday, October 22nd, Julie Spellman Sweet sold 9,000 shares of Accenture stock. The stock was sold at an average price of $249.57, for a total value of $2,246,130.00.

Accenture Price Performance

Shares of NYSE ACN traded down $6.18 during mid-day trading on Thursday, reaching $241.65. The company had a trading volume of 3,512,251 shares, compared to its average volume of 3,868,364. The company has a 50-day moving average price of $246.26 and a two-hundred day moving average price of $275.26. Accenture PLC has a 1-year low of $229.40 and a 1-year high of $398.35. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16. The stock has a market cap of $159.12 billion, a PE ratio of 19.89, a P/E/G ratio of 2.16 and a beta of 1.28.

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

Accenture Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. Accenture’s dividend payout ratio is currently 53.66%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Rothschild & Co Redburn upped their target price on shares of Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. JPMorgan Chase & Co. lowered their price objective on Accenture from $302.00 to $290.00 and set an “overweight” rating on the stock in a research report on Friday, September 26th. Royal Bank Of Canada decreased their price objective on Accenture from $372.00 to $285.00 and set an “outperform” rating on the stock in a report on Friday, September 26th. The Goldman Sachs Group decreased their price objective on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a report on Friday, September 26th. Finally, TD Cowen decreased their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating on the stock in a report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $294.25.

Hedge Funds Weigh In On Accenture

Several institutional investors have recently added to or reduced their stakes in ACN. Sanders Capital LLC acquired a new stake in shares of Accenture in the second quarter valued at $2,637,640,000. Norges Bank bought a new position in Accenture in the 2nd quarter valued at $2,216,850,000. Price T Rowe Associates Inc. MD boosted its position in Accenture by 63.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider’s stock valued at $2,793,889,000 after buying an additional 3,490,569 shares during the last quarter. Vanguard Group Inc. boosted its position in Accenture by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider’s stock valued at $19,912,594,000 after buying an additional 3,419,577 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in Accenture by 2,782.1% in the 1st quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider’s stock valued at $450,985,000 after buying an additional 1,395,135 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Company Profile

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.