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

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 12th. 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.
• Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 3/19/2025.
• 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.
• 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 Performance

NYSE:ACN opened at $285.66 on Thursday. The firm has a market capitalization of $178.92 billion, a P/E ratio of 23.96, a P/E/G ratio of 3.23 and a beta of 1.32. Accenture plc has a twelve month low of $275.01 and a twelve month high of $398.35. The company has a fifty day moving average of $330.47 and a 200-day moving average of $350.70. 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 data on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.01. Accenture had a net margin of 11.41% and a return on equity of 26.91%. The company had revenue of $16.70 billion for the quarter, compared to analysts’ expectations of $16.64 billion. During the same quarter in the prior year, the firm earned $2.77 EPS. The business’s revenue was up 5.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Accenture plc will post 12.73 EPS for the current year.

Accenture Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 10th will be paid a $1.48 dividend. This represents a $5.92 annualized dividend 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%.

Institutional Trading of Accenture

A number of institutional investors have recently added to or reduced their stakes in the stock. Visionary Wealth Advisors boosted its position in shares of Accenture by 3.5% in the fourth quarter. Visionary Wealth Advisors now owns 778 shares of the information technology services provider’s stock valued at $274,000 after acquiring an additional 26 shares during the period. Vivaldi Capital Management LP grew its position in shares of Accenture by 3.6% during the 4th quarter. Vivaldi Capital Management LP now owns 782 shares of the information technology services provider’s stock valued at $292,000 after purchasing an additional 27 shares in the last quarter. Newbridge Financial Services Group Inc. increased its holdings in shares of Accenture by 5.7% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 518 shares of the information technology services provider’s stock worth $182,000 after purchasing an additional 28 shares during the period. FPC Investment Advisory Inc. boosted its stake in Accenture by 62.2% during the fourth quarter. FPC Investment Advisory Inc. now owns 73 shares of the information technology services provider’s stock valued at $28,000 after buying an additional 28 shares during the period. Finally, New England Professional Planning Group Inc. grew its position in Accenture by 4.6% during the fourth quarter. New England Professional Planning Group Inc. now owns 655 shares of the information technology services provider’s stock worth $230,000 after buying an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

Insiders Place Their Bets

In other Accenture news, insider Angela Beatty sold 961 shares of Accenture stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $354.47, for a total transaction of $340,645.67. Following the completion of the sale, the insider now owns 5,484 shares of the company’s stock, valued at $1,943,913.48. The trade was a 14.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Julie Spellman Sweet sold 2,284 shares of the 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 transaction, the chief executive officer now owns 9,965 shares in the company, valued at $2,806,442.95. This trade represents a 18.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 27,921 shares of company stock worth $9,876,619 in the last ninety days. 0.02% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ACN has been the topic of a number of recent research reports. Mizuho cut their target price on Accenture from $428.00 to $398.00 and set an “outperform” rating on the stock in a report on Wednesday, March 19th. StockNews.com cut shares of Accenture from a “buy” rating to a “hold” rating in a report on Tuesday, March 11th. UBS Group cut their price target on Accenture from $455.00 to $387.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Piper Sandler lowered their price objective on Accenture from $364.00 to $355.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Royal Bank of Canada cut their target price on Accenture from $399.00 to $392.00 and set an “outperform” rating on the stock in a research report on Friday, March 21st. Eight investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Accenture presently has an average rating of “Moderate Buy” and an average target price of $377.82.

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.