Accenture PLC (ACN) to Issue Quarterly Dividend of $1.63 on February 13th

by · The Cerbat Gem

Accenture PLC (NYSE:ACN – Get Free Report) declared a quarterly dividend on Thursday, December 18th. Investors of record on Tuesday, January 13th will be given a dividend of 1.63 per share by the information technology services provider on Friday, February 13th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th.

Accenture has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 20 years. Accenture has a payout ratio of 47.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Accenture to earn $13.73 per share next year, which means the company should continue to be able to cover its $6.52 annual dividend with an expected future payout ratio of 47.5%.

Accenture Stock Up 1.0%

Shares of Accenture stock opened at $272.57 on Friday. The firm has a market cap of $179.48 billion, a PE ratio of 22.53, a P/E/G ratio of 2.63 and a beta of 1.26. The business’s 50 day simple moving average is $252.81 and its 200 day simple moving average is $264.05. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.41. Accenture has a 52-week low of $229.40 and a 52-week high of $398.35.

Accenture (NYSE:ACN – Get Free Report) last released 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. Accenture had a return on equity of 26.65% and a net margin of 10.76%.The firm had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. During the same quarter in the prior year, the firm posted $3.59 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, analysts predict that Accenture will post 12.73 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the completion of the transaction, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. The trade was a 78.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ryoji Sekido sold 2,500 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total value of $623,675.00. Following the completion of the sale, the chief executive officer owned 1,390 shares in the company, valued at approximately $346,763.30. This trade represents a 64.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,319 shares of company stock valued at $8,335,225 over the last 90 days. 0.02% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Accenture

Several large investors have recently modified their holdings of the stock. Investors Research Corp boosted its holdings in shares of 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 buying an additional 45 shares during the period. Harbor Capital Advisors Inc. grew its position in shares of Accenture by 132.6% in the third quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 61 shares during the last quarter. Triumph Capital Management bought a new position in shares of Accenture during the third quarter worth approximately $26,000. Davis Capital Management acquired a new stake in Accenture during the 3rd quarter worth approximately $28,000. Finally, Elevation Wealth Partners LLC grew its holdings in Accenture by 146.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 123 shares of the information technology services provider’s stock valued at $30,000 after buying an additional 73 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

About Accenture

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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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