Representative Kelly Morrison (Democratic-Minnesota) recently sold shares of Accenture PLC (NYSE:ACN). In a filing disclosed on August 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Accenture stock on August 11th. The trade occurred in the Representative’s “TRUST 8” account.
Representative Kelly Morrison also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 8/11/2026.
- Sold $1,001 – $15,000 in shares of Mobility Global (NYSE:MBGL) on 8/11/2026.
- Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 8/11/2026.
Accenture Trading Up 3.2%
NYSE ACN opened at $187.18 on Friday. The firm has a 50 day simple moving average of $154.46 and a 200-day simple moving average of $178.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a one year low of $118.15 and a one year high of $291.09. The firm has a market cap of $125.00 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 1.88 and a beta of 1.09.
Accenture announced that its Board of Directors has initiated a stock buyback program on Tuesday, June 23rd that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to buy up to 2.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.
Accenture Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, July 9th were paid a dividend of $1.63 per share. The ex-dividend date was Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a yield of 3.5%. Accenture’s dividend payout ratio is 52.08%.
Insider Buying and Selling
In other news, General Counsel Joel Unruch sold 10,498 shares of the firm’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $162.98, for a total value of $1,710,964.04. Following the completion of the sale, the general counsel owned 17,735 shares in the company, valued at approximately $2,890,450.30. This trade represents a 37.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.
Accenture News Roundup
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture agreed to acquire COMWARE, a Tokyo technology-services provider serving mid-market companies. The deal adds more than 180 professionals and expertise in SAP, customer relationship management and manufacturing, potentially expanding Accenture’s AI-led services and digital-core transformation business in Japan. Financial terms were not disclosed. Accenture to Acquire COMWARE to Strengthen Accenture Edge and Accelerate Digital Core Reinvention for Mid-Market Companies in Japan
- Positive Sentiment: The acquisition supports Accenture’s strategy of using acquisitions to build industry and regional capabilities, particularly among Japan’s mid-market businesses. Investors may view the transaction as a catalyst for longer-term growth in AI implementation and enterprise modernization services. Accenture to Acquire Japan-Based Comware to Boost Mid-Market AI Services
- Neutral Sentiment: TD Cowen raised its Accenture price target from $151 to $173 but maintained a “Hold” rating. The revised target remains below the stock’s current trading level, signaling that the analyst sees limited near-term upside despite the higher valuation estimate. Benzinga
- Negative Sentiment: Accenture recently underperformed the broader market, closing a session at $181.38 after a 2.97% decline. The move indicates continuing sensitivity to valuation, technology-sector sentiment and concerns about the pace at which AI investments translate into revenue and earnings. Accenture Falls More Steeply Than Broader Market
Institutional Trading of Accenture
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System raised its stake in Accenture by 12,316.0% during the 2nd quarter. California State Teachers Retirement System now owns 116,033,331 shares of the information technology services provider’s stock worth $14,439,188,000 after acquiring an additional 115,098,783 shares in the last quarter. Norges Bank purchased a new position in Accenture during the 4th quarter worth $2,146,995,000. Flossbach Von Storch SE acquired a new stake in shares of Accenture during the second quarter worth about $309,873,000. First Trust Advisors LP increased its holdings in shares of Accenture by 120.0% in the first quarter. First Trust Advisors LP now owns 3,482,150 shares of the information technology services provider’s stock valued at $690,475,000 after purchasing an additional 1,899,305 shares during the period. Finally, Voloridge Investment Management LLC acquired a new stake in shares of Accenture during the third quarter worth $311,694,000. Institutional investors and hedge funds own 75.14% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on ACN shares. Argus decreased their target price on Accenture from $335.00 to $220.00 and set a “buy” rating for the company in a report on Monday, June 22nd. Robert W. Baird set a $190.00 price target on Accenture in a research report on Thursday, June 18th. BMO Capital Markets restated a “market perform” rating and set a $150.00 target price on shares of Accenture in a research note on Friday, June 19th. BNP Paribas Exane reduced their target price on shares of Accenture from $180.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, June 26th. Finally, Mizuho decreased their price target on shares of Accenture from $280.00 to $226.00 and set an “outperform” rating for the company in a research note on Tuesday, June 23rd. Twelve investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Accenture has a consensus rating of “Hold” and a consensus price target of $194.19.
Check Out Our Latest Stock Analysis on Accenture
About Representative Morrison
Kelly Morrison (Democratic Party) is a member of the U.S. House, representing Minnesota’s 3rd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Morrison (Democratic Party) is running for re-election to the U.S. House to represent Minnesota’s 3rd Congressional District. She declared candidacy for the 2026 election.
Kelly Morrison was born in Minneapolis, Minnesota, and lives in Deephaven. Morrison earned a B.A. in history from Yale University and an M.D. from Case Western Reserve University. She completed her residency in obstetrics and gynecology at Northwestern University. Morrison’s career experience includes working as a physician.
Accenture Company Profile
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.
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