Accenture CEO Offloads 500 Shares Worth $140,000 in January Sale
Accenture PLC CEO Mauro Macchi sold 500 shares on January 14th at an average price of $280 for a total of $140,000, reducing his stake by 6.56% to 7,123 shares. The transaction was disclosed in an SEC filing.
1. CEO Insider Sale Reduces Position
On January 14th, Accenture CEO Mauro Macchi sold 500 shares of company stock for a total of $140,000, reducing his ownership from 7,623 to 7,123 shares. Following the transaction, his stake represents a 6.56% decrease in holdings and is valued at approximately $1.99 million. The sale was disclosed in an SEC filing, marking the second 500-share sale by Macchi in the past week, with the prior sale on January 7th also totaling $140,000.
2. Quarterly Earnings Beat and Upward Guidance
In its December quarter report, Accenture delivered revenue of $18.74 billion, up 5.7% year-over-year, and earnings per share of $3.94, surpassing consensus estimates by $0.21. The firm achieved a net margin of 10.76% and a return on equity of 26.65%. Based on this performance, management set full-year guidance at $13.52 to $13.90 EPS for fiscal 2026, compared with analyst consensus of $12.73.
3. Dividend Raised and Payout Metrics
Accenture declared a quarterly dividend of $1.63 per share, payable February 13th to holders of record as of January 13th. This implies an annualized payout of $6.52 per share and a dividend yield of 2.3%. The company’s dividend payout ratio stands at 53.88%, reflecting a balanced approach to returning capital while funding ongoing investments.
4. Analyst Ratings and Institutional Activity
Eighteen analysts maintain Buy ratings on Accenture, with a consensus target of $297.20, while eleven carry Hold and one carries Sell. Recent revisions include an outperform outlook from Goldman Sachs and a lowered target by Mizuho. Institutional ownership remains elevated at 75.14%, with major adjustments in the third quarter including a 73.8% increase by Investors Research Corp and a 132.6% growth by Harbor Capital Advisors, underscoring sustained confidence from large investors.