Accenture (NYSE:ACN) CEO Julie Spellman Sweet Sells 5,917 Shares

Accenture PLC (NYSE:ACN) CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total value of $1,459,250.54. Following the completion of the transaction, the chief executive officer owned 8,599 shares of the company’s stock, valued at $2,120,685.38. The trade was a 40.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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 transaction of $2,246,130.00.

Accenture Trading Down 2.5%

Shares of ACN stock traded down $6.18 during trading hours on Thursday, hitting $241.65. 3,512,251 shares of the company were exchanged, compared to its average volume of 3,868,364. The firm has a market cap of $159.12 billion, a PE ratio of 19.89, a PEG ratio of 2.16 and a beta of 1.28. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.16. The firm has a fifty day moving average of $246.26 and a 200 day moving average of $275.26.

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, topping the consensus estimate of $2.98 by $0.05. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. Analysts expect 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 paid a dividend of $1.63 per share. This is a boost from Accenture’s previous quarterly dividend of $1.48. This represents a $6.52 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, October 10th. Accenture’s payout ratio is currently 53.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Cowen restated a “buy” rating on shares of Accenture in a research note on Friday, September 26th. BNP Paribas Exane dropped their price target on Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Susquehanna decreased their price target on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a research report on Thursday, September 18th. Dbs Bank raised shares of Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. Finally, Evercore ISI set a $280.00 price target on shares of Accenture in a research report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $294.25.

Institutional Investors Weigh In On Accenture

Hedge funds and other institutional investors have recently bought and sold shares of the business. Investors Research Corp increased its holdings in Accenture by 73.8% during the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Davis Capital Management acquired a new position in Accenture in the third quarter worth about $28,000. Elevation Wealth Partners LLC grew its stake in Accenture by 146.0% in the third quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Kelly Lawrence W & Associates Inc. CA acquired a new position in Accenture in the first quarter worth about $31,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

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.