Accenture PLC (NYSE:ACN) to Issue Quarterly Dividend of $1.63

Accenture PLC (NYSE:ACN) announced a quarterly dividend on Thursday, June 18th. Stockholders of record on Thursday, July 9th will be given a dividend of 1.63 per share by the information technology services provider on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Thursday, July 9th.

Accenture has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 20 consecutive years. Accenture has a dividend payout ratio of 47.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Accenture to earn $14.91 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 43.7%.

Accenture Price Performance

ACN stock opened at $126.75 on Friday. The stock has a market cap of $84.34 billion, a PE ratio of 10.38, a P/E/G ratio of 1.48 and a beta of 1.08. Accenture has a 12 month low of $125.60 and a 12 month high of $307.77. The company has a 50-day moving average price of $178.10 and a 200 day moving average price of $219.00. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion for the quarter, compared to analyst estimates of $18.75 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the company posted $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities research analysts anticipate that Accenture will post 13.83 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on ACN shares. Truist Financial cut Accenture from a “buy” rating to a “hold” rating and cut their target price for the company from $260.00 to $210.00 in a research note on Monday, June 1st. William Blair cut Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Accenture in a research report on Tuesday, June 9th. Evercore set a $180.00 target price on Accenture in a research note on Thursday. Finally, Mizuho decreased their target price on Accenture from $309.00 to $280.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. Sixteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, Accenture has a consensus rating of “Moderate Buy” and a consensus target price of $232.41.

About Accenture

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.