Rep. Julie Johnson Sells Accenture plc (NYSE:ACN) Stock

Representative Julie Johnson (D-Texas) recently sold shares of Accenture plc (NYSE:ACN). In a filing disclosed on April 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Accenture stock on March 19th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 3/21/2025.
• Purchased $1,001 – $15,000 in shares of The Cigna Group (NYSE:CI) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 3/14/2025.
• Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 3/12/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 3/12/2025.
• Sold $1,001 – $15,000 in shares of Webster Financial (NYSE:WBS) on 3/11/2025.
• Sold $1,001 – $15,000 in shares of Sonos (NASDAQ:SONO) on 3/11/2025.
• Sold $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 3/11/2025.
• Sold $1,001 – $15,000 in shares of Teradyne (NASDAQ:TER) on 3/3/2025.
• Sold $1,001 – $15,000 in shares of Zoetis (NYSE:ZTS) on 3/3/2025.

Accenture Trading Down 0.1 %

Shares of NYSE ACN traded down $0.25 during midday trading on Thursday, hitting $284.99. The stock had a trading volume of 1,244,366 shares, compared to its average volume of 3,002,556. Accenture plc has a 1-year low of $275.01 and a 1-year high of $398.35. The company has a fifty day moving average price of $330.47 and a 200 day moving average price of $350.70. The company has a market capitalization of $178.50 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 3.23 and a beta of 1.32. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.17.

Accenture (NYSE:ACN) last released its quarterly earnings results on Thursday, March 20th. The information technology services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.81 by $0.01. Accenture had a return on equity of 26.91% and a net margin of 11.41%. The firm had revenue of $16.70 billion for the quarter, compared to analyst estimates of $16.64 billion. During the same period in the previous year, the company posted $2.77 EPS. Accenture’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, analysts predict that Accenture plc will post 12.73 earnings per share for the current year.

Accenture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be given a $1.48 dividend. This represents a $5.92 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, April 10th. Accenture’s dividend payout ratio (DPR) is currently 48.89%.

Wall Street Analyst Weigh In

ACN has been the subject of several research analyst reports. Baird R W raised Accenture from a “hold” rating to a “strong-buy” rating in a report on Monday, March 17th. Mizuho decreased their price objective on Accenture from $428.00 to $398.00 and set an “outperform” rating for the company in a report on Wednesday, March 19th. Barclays cut their price objective on shares of Accenture from $415.00 to $390.00 and set an “overweight” rating on the stock in a research note on Monday, March 24th. Royal Bank of Canada lowered their price objective on shares of Accenture from $399.00 to $392.00 and set an “outperform” rating on the stock in a research note on Friday, March 21st. Finally, Piper Sandler decreased their target price on Accenture from $364.00 to $355.00 and set an “overweight” rating for the company in a research note on Wednesday. Eight equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $377.82.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Morse Asset Management Inc acquired a new position in shares of Accenture in the 3rd quarter valued at $25,000. SkyView Investment Advisors LLC increased its holdings in Accenture by 1.9% during the third quarter. SkyView Investment Advisors LLC now owns 1,796 shares of the information technology services provider’s stock worth $635,000 after buying an additional 33 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of Accenture by 8.4% in the 3rd quarter. Anchor Investment Management LLC now owns 6,135 shares of the information technology services provider’s stock valued at $2,169,000 after purchasing an additional 474 shares during the period. Arvest Bank Trust Division bought a new position in shares of Accenture during the 3rd quarter worth approximately $18,115,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in shares of Accenture by 2.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 41,175 shares of the information technology services provider’s stock worth $14,555,000 after acquiring an additional 1,015 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Buying and Selling at Accenture

In other news, CEO Julie Spellman Sweet sold 2,497 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $354.48, for a total value of $885,136.56. Following the sale, the chief executive officer now directly owns 28,866 shares in the company, valued at approximately $10,232,419.68. This trade represents a 7.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Angela Beatty sold 961 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $354.47, for a total value of $340,645.67. Following the completion of the sale, the insider now owns 5,484 shares in the company, valued at $1,943,913.48. This trade represents a 14.91 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,921 shares of company stock valued at $9,876,619 in the last quarter. 0.02% of the stock is currently owned by insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Accenture Company 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.