Rep. Gilbert Ray Cisneros, Jr. Buys Accenture PLC (NYSE:ACN) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Accenture PLC (NYSE:ACN). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Accenture stock on July 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
  • Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
  • Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
  • Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
  • Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
  • Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Accenture Stock Down 3.9%

Accenture stock traded down $7.28 during mid-day trading on Tuesday, hitting $179.44. The company’s stock had a trading volume of 1,349,461 shares, compared to its average volume of 6,970,928. Accenture PLC has a 52-week low of $118.15 and a 52-week high of $291.09. The company has a market cap of $119.83 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 1.50 and a beta of 1.10. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.34 and a quick ratio of 1.34. The firm’s 50 day moving average is $163.15 and its 200 day moving average is $176.29.

Accenture (NYSE:ACNGet Free Report) last issued its earnings results on Friday, June 19th. The information technology services provider reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.70 by $0.10. The firm had revenue of $18.72 billion for the quarter, compared to the consensus estimate of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.49 earnings per share. On average, analysts anticipate that Accenture PLC will post 13.86 earnings per share for the current year.

Accenture Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Thursday, July 9th were given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Thursday, July 9th. Accenture’s dividend payout ratio is 52.08%.

Accenture announced that its board has approved a share repurchase plan on Tuesday, June 23rd that permits the company to buyback $2.00 billion in 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 typically a sign that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On Accenture

Institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new position in shares of Accenture during the 3rd quarter worth approximately $26,000. Dogwood Wealth Management LLC boosted its stake in shares of Accenture by 147.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 128 shares in the last quarter. McMillan Office Inc. bought a new stake in shares of Accenture in the 4th quarter worth about $27,000. University of Texas Texas AM Investment Management Co. bought a new position in Accenture during the 4th quarter valued at about $27,000. Finally, IMG Wealth Management Inc. grew its stake in Accenture by 134.8% during the first quarter. IMG Wealth Management Inc. now owns 155 shares of the information technology services provider’s stock worth $31,000 after buying an additional 89 shares during the last quarter. 75.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. UBS Group reiterated a “buy” rating on shares of Accenture in a research note on Wednesday, August 26th. William Blair cut shares of Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday, June 18th. Royal Bank Of Canada dropped their price target on Accenture from $253.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, June 22nd. Robert W. Baird set a $190.00 price objective on Accenture in a research report on Thursday, June 18th. Finally, Wolfe Research upped their target price on shares of Accenture from $165.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Twelve research 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. According to MarketBeat.com, Accenture has an average rating of “Hold” and an average target price of $194.19.

Get Our Latest Stock Analysis on Accenture

Insider Activity

In other news, General Counsel Joel Unruch sold 10,498 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $162.98, for a total value of $1,710,964.04. Following the transaction, the general counsel directly owned 17,735 shares of the company’s stock, valued at $2,890,450.30. The trade was a 37.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Accenture

(Get Free Report)

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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