Rep. Dan Newhouse Buys Accenture PLC (NYSE:ACN) Shares

Representative Dan Newhouse (Republican-Washington) recently bought shares of Accenture PLC (NYSE:ACN). In a filing disclosed on July 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Accenture stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.

Accenture Trading Up 0.7%

Shares of ACN stock opened at $144.63 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. Accenture PLC has a 12-month low of $118.15 and a 12-month high of $291.09. The stock has a market capitalization of $96.58 billion, a P/E ratio of 11.55, a P/E/G ratio of 1.49 and a beta of 1.13. The firm’s 50 day moving average is $155.82 and its 200 day moving average is $197.97.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The business had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.Accenture’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Research analysts expect that Accenture PLC will post 13.85 earnings per share for the current year.

Accenture announced that its Board of Directors has approved a stock buyback plan on Tuesday, June 23rd that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to purchase up to 2.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 9th will be given a dividend of $1.63 per share. The ex-dividend date is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 4.5%. Accenture’s payout ratio is currently 52.08%.

Wall Street Analyst Weigh In

Several research firms have commented on ACN. Berenberg Bank cut their price objective on Accenture from $273.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday, June 17th. UBS Group reiterated a “buy” rating and set a $275.00 target price on shares of Accenture in a report on Wednesday, July 8th. Royal Bank Of Canada reduced their target price on shares of Accenture from $253.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, June 22nd. HSBC lowered their price objective on Accenture from $220.00 to $210.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $150.00 target price on shares of Accenture in a research report on Friday, June 19th. Twelve research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Accenture currently has an average rating of “Hold” and an average target price of $192.96.

Hedge Funds Weigh In On Accenture

Institutional investors have recently modified their holdings of the company. Triumph Capital Management purchased a new position in Accenture during the 3rd quarter valued at about $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Accenture in the fourth quarter valued at $27,000. Laurel Wealth Advisors LLC purchased a new stake in Accenture in the 4th quarter worth approximately $27,000. Dogwood Wealth Management LLC lifted its holdings in shares of Accenture by 147.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock valued at $27,000 after buying an additional 128 shares during the last quarter. Finally, McMillan Office Inc. acquired a new position in shares of Accenture during the 4th quarter worth $27,000. 75.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Accenture

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the sale, the chief executive officer directly owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. This represents a 27.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is currently owned by corporate insiders.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.