Accenture (NYSE:ACN) Reaches New 12-Month Low After Insider Selling

Accenture PLC (NYSE:ACN) shares reached a new 52-week low during mid-day trading on Wednesday following insider selling activity. The stock traded as low as $229.20 and last traded at $229.4890, with a volume of 2052395 shares traded. The stock had previously closed at $240.86.

Specifically, CEO Julie Spellman Sweet sold 6,057 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $241.23, for a total value of $1,461,130.11. Following the transaction, the chief executive officer owned 15,255 shares in the company, valued at approximately $3,679,963.65. This represents a 28.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ACN shares. Dbs Bank raised Accenture from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 27th. BMO Capital Markets reiterated a “market perform” rating and set a $300.00 price target on shares of Accenture in a report on Thursday, December 18th. Royal Bank Of Canada set a $300.00 price objective on Accenture in a report on Thursday, December 18th. Berenberg Bank initiated coverage on shares of Accenture in a research note on Thursday, January 22nd. They issued a “buy” rating and a $313.00 target price for the company. Finally, HSBC increased their price target on shares of Accenture from $215.00 to $235.00 in a research note on Friday, December 19th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $298.38.

Accenture Trading Down 4.0%

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 firm has a market cap of $142.37 billion, a P/E ratio of 19.03, a PEG ratio of 2.28 and a beta of 1.24. The company’s 50 day moving average is $269.39 and its two-hundred day moving average is $255.72.

Accenture (NYSE:ACN) last issued 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 firm had revenue of $18.74 billion during the quarter, compared to analysts’ expectations of $18.51 billion. Accenture had a return on equity of 26.65% and a net margin of 10.76%.Accenture’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the business earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, 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 paid a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, January 13th. This represents a $6.52 annualized dividend and a yield of 2.8%. Accenture’s payout ratio is currently 53.88%.

Institutional Investors Weigh In On Accenture

Institutional investors and hedge funds have recently made changes to their positions in the company. Jaffetilchin Investment Partners LLC boosted its position in Accenture by 4.2% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 878 shares of the information technology services provider’s stock valued at $236,000 after buying an additional 35 shares in the last quarter. Clayton Financial Group LLC boosted its stake in Accenture by 13.1% in the fourth quarter. Clayton Financial Group LLC now owns 329 shares of the information technology services provider’s stock worth $88,000 after purchasing an additional 38 shares in the last quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. raised its holdings in shares of Accenture by 0.9% in the third quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 4,416 shares of the information technology services provider’s stock valued at $1,089,000 after buying an additional 41 shares during the last quarter. Omnia Family Wealth LLC increased its position in Accenture by 5.2% in the 2nd quarter. Omnia Family Wealth LLC now owns 847 shares of the information technology services provider’s stock valued at $253,000 after acquiring an additional 42 shares in the last quarter. Finally, Peak Asset Management LLC grew its stake in shares of Accenture by 0.8% during the fourth quarter. Peak Asset Management LLC now owns 5,447 shares of the information technology services provider’s stock valued at $1,461,000 after purchasing an additional 43 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.