Accenture (NYSE:ACN) Posts Quarterly Earnings Results, Beats Expectations By $0.17 EPS

Accenture (NYSE:ACN - Get Free Report) posted its earnings results on Friday. The information technology services provider reported $3.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.32 by $0.17, RTT News reports. Accenture had a net margin of 11.43% and a return on equity of 26.49%. The company had revenue of $17.73 billion during the quarter, compared to analysts' expectations of $17.26 billion. During the same quarter in the previous year, the company posted $3.13 earnings per share. Accenture's quarterly revenue was up 7.7% compared to the same quarter last year. Accenture updated its Q4 2025 guidance to EPS and its FY 2025 guidance to 12.770-12.890 EPS.

Accenture Trading Down 7.7%

Accenture stock opened at $282.64 on Friday. Accenture has a 12 month low of $273.19 and a 12 month high of $398.35. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.17. The firm has a market cap of $177.03 billion, a PE ratio of 23.34, a P/E/G ratio of 3.09 and a beta of 1.33. The stock's 50 day simple moving average is $306.94 and its two-hundred day simple moving average is $334.32.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 10th will be given a dividend of $1.48 per share. This represents a $5.92 annualized dividend and a yield of 2.09%. Accenture's dividend payout ratio is currently 48.89%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Robert W. Baird raised shares of Accenture from a "neutral" rating to an "outperform" rating and set a $390.00 target price for the company in a research note on Monday, March 17th. Benchmark reiterated a "mixed" rating on shares of Accenture in a report on Friday. Morgan Stanley dropped their price target on Accenture from $372.00 to $340.00 and set an "equal weight" rating on the stock in a research report on Thursday, June 12th. Stifel Nicolaus cut their price target on shares of Accenture from $390.00 to $380.00 and set a "buy" rating on the stock in a research note on Wednesday, February 26th. Finally, Guggenheim lowered their price objective on shares of Accenture from $400.00 to $395.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Accenture has a consensus rating of "Moderate Buy" and a consensus target price of $380.00.

Insider Activity

In other news, COO John F. Walsh sold 2,500 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $325.00, for a total value of $812,500.00. Following the completion of the transaction, the chief operating officer now owns 15,882 shares in the company, valued at approximately $5,161,650. This represents a 13.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Joel Unruch sold 3,563 shares of the company's stock in a transaction dated Friday, April 11th. The shares were sold at an average price of $281.78, for a total transaction of $1,003,982.14. Following the completion of the sale, the general counsel now directly owns 17,237 shares of the company's stock, valued at $4,857,041.86. The trade was a 17.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,516 shares of company stock worth $2,507,366 over the last three months. 0.02% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Accenture

A hedge fund recently raised its stake in Accenture stock. Brighton Jones LLC grew its position in Accenture PLC (NYSE:ACN - Free Report) by 36.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,438 shares of the information technology services provider's stock after purchasing an additional 4,905 shares during the period. Brighton Jones LLC's holdings in Accenture were worth $6,486,000 as of its most recent SEC filing. 75.14% of the stock is currently owned by 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.