Accenture (NYSE:ACN) Stock Unloaded Rep. Julie Johnson

Posted by Michael Walen on Apr 17th, 2025

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 Stock Down 1.0 %

ACN stock opened at $285.66 on Thursday. Accenture plc has a twelve month low of $275.01 and a twelve month high of $398.35. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average of $330.47 and a 200 day moving average of $350.70. The firm has a market cap of $178.92 billion, a PE ratio of 23.96, a price-to-earnings-growth ratio of 3.23 and a beta of 1.32.

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

Accenture Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 10th will be issued a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, April 10th. Accenture’s dividend payout ratio (DPR) is presently 48.89%.

Insider Transactions at Accenture

In other Accenture news, CEO Julie Spellman Sweet sold 2,284 shares of the firm’s stock in a transaction dated Friday, April 11th. The shares were sold at an average price of $281.63, for a total value of $643,242.92. Following the completion of the sale, the chief executive officer now owns 9,965 shares of the company’s stock, valued at $2,806,442.95. This trade represents a 18.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Angela Beatty sold 169 shares of the company’s stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $281.90, for a total value of $47,641.10. Following the transaction, the insider now directly owns 5,364 shares in the company, valued at approximately $1,512,111.60. This represents a 3.05 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,921 shares of company stock worth $9,876,619. 0.02% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. BMO Capital Markets raised their price target on shares of Accenture to $355.00 and gave the company a “hold” rating in a report on Wednesday, March 26th. Barclays cut their target price on shares of Accenture from $415.00 to $390.00 and set an “overweight” rating for the company in a research report on Monday, March 24th. UBS Group lowered their price target on Accenture from $455.00 to $387.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Wolfe Research raised Accenture from a “peer perform” rating to an “outperform” rating and set a $425.00 price objective for the company in a report on Wednesday, January 8th. Finally, Morgan Stanley dropped their target price on Accenture from $380.00 to $372.00 and set an “equal weight” rating on the stock in a research report on Monday, March 17th. Eight analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $377.82.

Get Our Latest Report on ACN

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ACN. Norges Bank purchased a new position in shares of Accenture in the 4th quarter worth $2,351,683,000. GAMMA Investing LLC lifted its holdings in shares of Accenture by 30,256.8% in the 1st quarter. GAMMA Investing LLC now owns 3,421,519 shares of the information technology services provider’s stock valued at $1,067,651,000 after acquiring an additional 3,410,248 shares during the last quarter. Wellington Management Group LLP grew its position in Accenture by 22.8% in the fourth quarter. Wellington Management Group LLP now owns 12,175,518 shares of the information technology services provider’s stock worth $4,283,225,000 after acquiring an additional 2,260,740 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Accenture during the fourth quarter valued at approximately $666,495,000. Finally, Capital Research Global Investors lifted its stake in shares of Accenture by 16.8% in the 4th quarter. Capital Research Global Investors now owns 12,295,748 shares of the information technology services provider’s stock valued at $4,325,526,000 after purchasing an additional 1,770,024 shares during the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

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.

About Accenture

(Get Free Report)

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.