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 Down 0.9%
Shares of NYSE ACN traded down $1.27 during mid-day trading on Tuesday, reaching $143.46. 806,894 shares of the company’s stock were exchanged, compared to its average volume of 7,223,197. The company’s 50-day moving average is $155.82 and its 200-day moving average is $197.97. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $95.81 billion, a price-to-earnings ratio of 11.47, a PEG ratio of 1.49 and a beta of 1.13. Accenture PLC has a 52-week low of $118.15 and a 52-week high of $291.09.
Accenture Announces Dividend
The firm 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 $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, July 9th. Accenture’s dividend payout ratio is 52.08%.
Accenture declared that its board has authorized a share repurchase program on Tuesday, June 23rd that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the information technology services provider to purchase up to 2.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.
Insider Activity at Accenture
In other news, CEO Atsushi Egawa sold 4,872 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $177.14, for a total value of $863,026.08. Following the completion of the sale, the chief executive officer directly owned 12,802 shares of the company’s stock, valued at approximately $2,267,746.28. The trade was a 27.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.02% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on ACN. William Blair lowered Accenture from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 18th. Robert W. Baird set a $190.00 target price on shares of Accenture in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $136.00 price target on shares of Accenture in a research note on Friday, July 10th. Susquehanna lowered their price target on shares of Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Accenture from $247.00 to $201.00 and set an “overweight” rating on the stock in a research report on Monday, June 8th. Twelve investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Accenture currently has an average rating of “Hold” and a consensus price target of $192.96.
Check Out Our Latest Stock Analysis on Accenture
Institutional Trading of Accenture
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ACN. Regent Peak Wealth Advisors LLC boosted its holdings in shares of Accenture by 10.4% in the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 74,187 shares of the information technology services provider’s stock valued at $9,232,000 after buying an additional 7,018 shares in the last quarter. Bank & Trust Co raised its stake in Accenture by 10.3% during the 2nd quarter. Bank & Trust Co now owns 1,192 shares of the information technology services provider’s stock worth $148,000 after acquiring an additional 111 shares in the last quarter. Whitener Capital Management Inc. lifted its position in Accenture by 25.7% in the second quarter. Whitener Capital Management Inc. now owns 4,058 shares of the information technology services provider’s stock valued at $505,000 after acquiring an additional 829 shares during the last quarter. Canvas Wealth Advisors LLC acquired a new position in Accenture in the second quarter valued at $272,000. Finally, William Mack & Associates Inc. grew its holdings in shares of Accenture by 1.5% during the second quarter. William Mack & Associates Inc. now owns 11,155 shares of the information technology services provider’s stock worth $1,388,000 after purchasing an additional 165 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than Accenture
- IREN’s $2.8 Billion AI Contract Haul Changes the Stock’s Story
- Alphabet Is Planning a New AI Chip. Here’s Why It Matters Ahead of Earnings
- Microsoft’s AI Bet Could Rewrite AMD’s Growth Story
- Travelers Stock Surges 10% as Earnings Beat Reveals Underwriting Discipline
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.
