Representative C. Scott Franklin (Republican-Florida) recently bought shares of Accenture PLC (NYSE:ACN). In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Accenture stock on August 26th. The trade occurred in the Representative’s “FIDELITY ROTH IRA” account.
Representative C. Scott Franklin also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of Novo Nordisk A/S (NYSE:NVO) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 8/26/2026.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 8/20/2026.
- Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 8/20/2026.
- Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/20/2026.
Accenture Price Performance
Shares of NYSE:ACN opened at $180.86 on Friday. The firm has a market cap of $120.78 billion, a price-to-earnings ratio of 14.45, a P/E/G ratio of 1.46 and a beta of 1.10. Accenture PLC has a 1 year low of $118.15 and a 1 year high of $291.09. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $172.06 and a 200 day simple moving average of $175.11.
Accenture announced that its Board of Directors has initiated a stock buyback program 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 stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.
Institutional Investors Weigh In On Accenture
Institutional investors and hedge funds have recently made changes to their positions in the stock. Lloyd Advisory Services LLC. acquired a new stake in shares of Accenture during the fourth quarter worth $35,000. IMG Wealth Management Inc. increased its holdings in shares of 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 in the last quarter. Modus Advisors LLC acquired a new position in shares of Accenture during the fourth quarter worth $45,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Accenture in the 4th quarter valued at about $54,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Accenture in the 4th quarter valued at about $56,000. Institutional investors own 75.14% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently weighed in on ACN. Morgan Stanley raised their price objective on Accenture from $130.00 to $175.00 and gave the company an “equal weight” rating in a research note on Monday, September 14th. Deutsche Bank Aktiengesellschaft boosted their price objective on Accenture from $136.00 to $175.00 and gave the company a “hold” rating in a research report on Friday. Royal Bank Of Canada set a $195.00 price objective on Accenture in a research note on Tuesday. Oppenheimer set a $201.00 target price on shares of Accenture in a research note on Monday, June 8th. Finally, Mizuho decreased their price objective on shares of Accenture from $280.00 to $226.00 and set an “outperform” rating on the stock in a report on Tuesday, June 23rd. Ten investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Accenture has a consensus rating of “Hold” and a consensus target price of $198.04.
Read Our Latest Research Report on ACN
More Accenture News
Here are the key news stories impacting Accenture this week:
- Positive Sentiment: Accenture’s long-term investment case remains supported by its AI push, broad consulting platform and ability to sustain its competitive position, according to an investor letter from Aristotle International Equity Fund. Accenture (ACN) Positioned to Sustain Its Long-Term Competitive Position
- Positive Sentiment: Some market commentary argues that Accenture’s rebound may continue, pointing to its still-discounted position relative to its 52-week high and potential benefits from enterprise AI adoption. Accenture: The Rebound Is Not Over
- Neutral Sentiment: Accenture’s recent rally has been notable because it occurred without a new earnings report; the advance followed its June results, which included stronger-than-expected earnings but slightly below-consensus revenue. Investors are now looking for evidence that growth is accelerating. Why Has Accenture Stock Surged With No New Results To Report?
- Neutral Sentiment: Articles highlighting Accenture’s AI strategy, finance-transformation work and growth-stock characteristics provide longer-term context but did not identify a new financial catalyst. Accenture, BlackLine Leaders on the Reinvention of Finance
- Negative Sentiment: Guggenheim downgraded Accenture from Buy to Neutral and removed its prior price target. Its channel checks did not find a corresponding improvement in client demand, even after ACN shares rebounded roughly 52% from their June lows. The downgrade triggered the selling pressure and raised concerns that the rally had outpaced fundamentals. Accenture stock falls 4% today: here’s why
- Negative Sentiment: A separate valuation analysis estimated that Accenture could be approximately 21% overvalued based on projected future cash flows, adding to investor caution around the stock’s valuation. Accenture (ACN) Stock Could Be 21% Overvalued Despite Fresh AI Push
Insider Activity at Accenture
In other news, General Counsel Joel Unruch sold 10,498 shares of the company’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 transaction 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. This represents a 37.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Franklin
Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida’s 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida’s 18th Congressional District. He declared candidacy for the 2026 election.
Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012.
Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin’s career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.
About Accenture
Accenture plc is a global professional services company that helps organizations improve business performance through consulting, technology, and managed services. Its offerings include strategy and consulting, technology implementation, operations support, and business process services.
The company provides digital transformation services involving cloud computing, artificial intelligence, data and analytics, cybersecurity, systems integration, and enterprise software. Through its Song and Industry X businesses, Accenture also supports customer experience, marketing, product engineering, and smart manufacturing initiatives.
Accenture serves clients across a broad range of industries, including financial services, health care, public service, communications, media and technology, consumer goods, retail, resources, and industrial markets.
Recommended Stories
- Five stocks we like better than Accenture
- Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing
- Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits
- These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories
- Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike
Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.
