Rep. Rick W. Allen Unloads Accenture PLC (NYSE:ACN) Stock

Posted by Brenda Bartman on Jun 25th, 2026

Representative Rick W. Allen (Republican-Georgia) recently sold shares of Accenture PLC (NYSE:ACN). In a filing disclosed on June 16th, the Representative disclosed that they had sold between $15,001 and $50,000 in Accenture stock on May 8th. The trade occurred in the Representative’s “LIVTR” account.

Representative Rick W. Allen also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 5/8/2026.
Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 5/8/2026.
Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 4/16/2026.
Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 4/16/2026.
Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 4/16/2026.
Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/16/2026.
Sold $50,001 – $100,000 in shares of Ameriprise Financial (NYSE:AMP) on 4/15/2026.

Accenture Stock Down 2.1%

ACN stock traded down $2.67 during midday trading on Thursday, hitting $126.48. 11,228,898 shares of the company’s stock were exchanged, compared to its average volume of 6,832,594. 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 $307.77. The firm has a 50 day moving average price of $173.22 and a 200-day moving average price of $215.09. The stock has a market capitalization of $84.17 billion, a price-to-earnings ratio of 10.09, a price-to-earnings-growth ratio of 1.26 and a beta of 1.08.

Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.10. The company had revenue of $18.72 billion during 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 firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. On average, analysts anticipate that Accenture PLC will post 13.84 EPS for the current year.

Accenture announced that its Board of Directors has initiated a share 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 buy up to 2.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Accenture Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 5.2%. Accenture’s dividend payout ratio is 52.08%.

Insiders Place Their Bets

In related news, CEO Atsushi Egawa sold 4,872 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the sale, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. This trade represents a 27.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.

Institutional Trading of Accenture

A number of institutional investors and hedge funds have recently bought and sold shares of ACN. Triumph Capital Management bought a new position in shares of Accenture in the third quarter valued at $26,000. Board of the Pension Protection Fund bought a new stake in Accenture during the fourth quarter valued at $27,000. Laurel Wealth Advisors LLC purchased a new position in Accenture in the 4th quarter worth approximately $27,000. McMillan Office Inc. purchased a new position in shares of Accenture in the 4th quarter worth about $27,000. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in shares of Accenture during the 4th quarter valued at about $27,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ACN shares. BMO Capital Markets reissued a “market perform” rating and issued a $150.00 price target on shares of Accenture in a report on Friday, June 19th. William Blair lowered Accenture from an “outperform” rating to a “market perform” rating in a report on Thursday, June 18th. Wolfe Research reissued an “outperform” rating and set a $200.00 target price on shares of Accenture in a report on Tuesday, June 16th. Royal Bank Of Canada decreased their price target on shares of Accenture from $253.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Citigroup dropped their price objective on shares of Accenture from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Monday, June 1st. Thirteen research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, Accenture presently has an average rating of “Hold” and an average price target of $196.85.

Read Our Latest Stock Report on ACN

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

Positive Sentiment: Accenture announced a $2.0 billion share buyback, a sign management sees the stock as undervalued and a potential support for per-share earnings. RTT News – Stock Buybacks
Positive Sentiment: The company is expanding its cybersecurity business through deals tied to Dragos, runZero and NetRise, which could strengthen long-term growth and AI/security positioning. Accenture (ACN) to Acquire Stake in Dragos and Buy runZero and NetRise for $4.175B
Positive Sentiment: Several articles highlighted Accenture as a potential value or stability play, with bullish hedge fund ownership and discounted valuation estimates suggesting some investors still see upside. GuruFocus – Is ACN Undervalued?
Neutral Sentiment: Accenture has been a heavily watched stock on Zacks, but those headlines mainly reflect trading interest rather than a new fundamental catalyst. Zacks – Trending Stock
Neutral Sentiment: Accenture also received coverage around international revenue trends and a “buying opportunity” thesis, which may support longer-term sentiment but does not change the near-term story much. Zacks – International Revenue Trends
Negative Sentiment: Mizuho cut its price target on Accenture after the company’s fiscal 2026 outlook disappointed, reinforcing concerns that growth could slow more than investors expected. Mizuho Trims PT On Accenture
Negative Sentiment: DBS Bank downgraded Accenture to “hold,” adding to the cautious tone around the stock after the softer guidance. Zacks – DBS Downgrade
Negative Sentiment: News of a potential securities fraud investigation could create headline risk and weigh on investor sentiment. Accenture Investor Alert

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

Accenture Company Profile

(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.