Accenture (NYSE:ACN) General Counsel Joel Unruch Sells 1,026 Shares
by Danessa Lincoln · The Markets DailyAccenture PLC (NYSE:ACN – Get Free Report) General Counsel Joel Unruch sold 1,026 shares of the stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $281.70, for a total value of $289,024.20. Following the sale, the general counsel directly owned 27,181 shares in the company, valued at approximately $7,656,887.70. This trade represents a 3.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Joel Unruch also recently made the following trade(s):
- On Tuesday, January 6th, Joel Unruch sold 1,332 shares of Accenture stock. The shares were sold at an average price of $275.00, for a total value of $366,300.00.
Accenture Price Performance
Accenture stock traded down $0.06 during trading hours on Monday, reaching $281.01. 3,169,321 shares of the stock were exchanged, compared to its average volume of 4,425,375. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.16. Accenture PLC has a twelve month low of $229.40 and a twelve month high of $398.35. The company has a market cap of $172.99 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. The stock has a 50 day moving average of $267.78 and a two-hundred day moving average of $258.09.
Accenture (NYSE:ACN – Get Free Report) last issued its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.21. The company had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.59 EPS. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. Equities analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.
Accenture Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be paid a $1.63 dividend. The ex-dividend date is Tuesday, January 13th. This represents a $6.52 annualized dividend and a dividend yield of 2.3%. Accenture’s dividend payout ratio (DPR) is presently 53.88%.
Hedge Funds Weigh In On Accenture
Several large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Accenture by 2.1% in the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider’s stock worth $19,466,641,000 after purchasing an additional 1,315,548 shares during the last quarter. State Street Corp lifted its holdings in Accenture by 0.4% during the 3rd quarter. State Street Corp now owns 28,135,065 shares of the information technology services provider’s stock worth $6,938,156,000 after buying an additional 118,460 shares during the period. Capital International Investors grew its position in shares of Accenture by 41.1% in the 3rd 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 buying an additional 4,984,930 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Accenture by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider’s stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Accenture by 5.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,693,994 shares of the information technology services provider’s stock valued at $2,869,199,000 after purchasing an additional 546,198 shares during the last quarter. Institutional investors own 75.14% of the company’s stock.
Analyst Ratings Changes
Several analysts recently weighed in on the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $300.00 price objective on shares of Accenture in a research note on Thursday, December 18th. Berenberg Bank assumed coverage on shares of Accenture in a report on Thursday. They issued a “buy” rating and a $313.00 target price for the company. Susquehanna lifted their price target on shares of Accenture from $270.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, December 19th. TD Cowen upped their price objective on shares of Accenture from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 target price on shares of Accenture in a research report on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $298.38.
Check Out Our Latest Report on Accenture
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.
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