Accenture PLC $ACN Shares Sold by MetLife Investment Management LLC

Key Points

• MetLife Investment Management LLC reduced its stake in Accenture PLC by 1.8%, selling 2,940 shares, which left it holding 162,497 shares valued at approximately $50.7 million.
• CEO Julie Spellman Sweet and insider Angela Beatty have sold shares recently, with Sweet selling 2,251 shares for nearly $636,000, reflecting a 21.73% decrease in her ownership.
• Accenture reported $3.49 EPS for the last quarter, exceeding estimates, and has set a Q4 2025 EPS guidance range of $12.770-$12.890.

MetLife Investment Management LLC reduced its position in Accenture PLC (NYSE:ACN - Free Report) by 1.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 162,497 shares of the information technology services provider's stock after selling 2,940 shares during the quarter. MetLife Investment Management LLC's holdings in Accenture were worth $50,706,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its stake in Accenture by 63.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider's stock worth $2,793,889,000 after buying an additional 3,490,569 shares during the last quarter. Vanguard Group Inc. boosted its stake in Accenture by 5.7% during the first quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider's stock worth $19,912,594,000 after buying an additional 3,419,577 shares during the last quarter. GAMMA Investing LLC boosted its stake in Accenture by 30,256.8% during the first quarter. GAMMA Investing LLC now owns 3,421,519 shares of the information technology services provider's stock worth $1,067,651,000 after buying an additional 3,410,248 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Accenture by 2,782.1% during the first quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider's stock worth $450,985,000 after buying an additional 1,395,135 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in Accenture by 10.7% during the fourth quarter. Northern Trust Corp now owns 7,582,344 shares of the information technology services provider's stock worth $2,667,393,000 after buying an additional 732,769 shares during the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Argus set a $370.00 price objective on Accenture in a research note on Tuesday, June 24th. Benchmark reissued a "mixed" rating on shares of Accenture in a research note on Friday, June 20th. Barclays cut their target price on Accenture from $390.00 to $360.00 and set an "overweight" rating for the company in a research note on Monday, June 23rd. Morgan Stanley cut their target price on Accenture from $340.00 to $325.00 and set an "equal weight" rating for the company in a research note on Tuesday, June 24th. Finally, Hsbc Global Res raised Accenture to a "moderate sell" rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Accenture currently has an average rating of "Moderate Buy" and a consensus target price of $358.08.

Insider Activity

In other news, insider Angela Beatty sold 203 shares of the firm's stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the sale, the insider directly owned 5,249 shares in the company, valued at approximately $1,482,002.66. This trade represents a 3.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mauro Macchi sold 500 shares of the company's stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the completion of the transaction, the chief executive officer owned 2,283 shares of the company's stock, valued at approximately $644,582.22. The trade was a 17.97% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,954 shares of company stock worth $834,280. 0.02% of the stock is currently owned by corporate insiders.

Accenture Stock Down 0.1%

Shares of NYSE:ACN traded down $0.25 during trading on Tuesday, hitting $255.80. The company's stock had a trading volume of 4,884,422 shares, compared to its average volume of 4,842,152. The business has a 50 day moving average price of $275.37 and a two-hundred day moving average price of $304.72. The company has a market capitalization of $160.22 billion, a PE ratio of 20.37, a P/E/G ratio of 2.33 and a beta of 1.29. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. Accenture PLC has a fifty-two week low of $236.67 and a fifty-two week high of $398.35.

Accenture (NYSE:ACN - Get Free Report) last posted its quarterly earnings results on Friday, June 20th. The information technology services provider reported $3.49 EPS for the quarter, topping the consensus estimate of $3.32 by $0.17. The business had revenue of $17.73 billion during the quarter, compared to the consensus estimate of $17.26 billion. Accenture had a net margin of 11.61% and a return on equity of 26.55%. The company's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.13 earnings per share. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. As a group, research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Thursday, July 10th were issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, July 10th. Accenture's dividend payout ratio (DPR) is presently 47.13%.

Accenture Profile

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.