Accenture (NYSE:ACN) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Accenture plc (NYSE:ACN). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Accenture stock on March 31st. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
• Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Accenture Stock Down 0.6 %

ACN traded down $1.62 during trading on Tuesday, reaching $288.17. 1,780,976 shares of the stock traded hands, compared to its average volume of 3,002,542. The stock has a market cap of $180.49 billion, a price-to-earnings ratio of 24.18, a price-to-earnings-growth ratio of 3.23 and a beta of 1.32. The stock’s 50-day simple moving average is $334.44 and its two-hundred day simple moving average is $351.59. Accenture plc has a fifty-two week low of $275.01 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.47.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.01. Accenture had a net margin of 11.41% and a return on equity of 26.91%. The business had revenue of $16.70 billion during the quarter, compared to analyst estimates of $16.64 billion. During the same quarter in the previous year, the business earned $2.77 EPS. Accenture’s quarterly revenue was up 5.7% compared to the same quarter last year. As a group, equities research analysts expect that Accenture plc will post 12.73 EPS for the current year.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 10th will be paid a $1.48 dividend. The ex-dividend date is Thursday, April 10th. This represents a $5.92 annualized dividend and a yield of 2.05%. Accenture’s dividend payout ratio is presently 48.89%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ACN shares. Royal Bank of Canada cut their price objective on shares of Accenture from $399.00 to $392.00 and set an “outperform” rating for the company in a research report on Friday, March 21st. StockNews.com lowered Accenture from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. BMO Capital Markets raised their price objective on shares of Accenture to $355.00 and gave the stock a “hold” rating in a report on Wednesday, March 26th. Barclays decreased their price objective on Accenture from $415.00 to $390.00 and set an “overweight” rating on the stock in a report on Monday, March 24th. Finally, Wolfe Research upgraded Accenture from a “peer perform” rating to an “outperform” rating and set a $425.00 price objective for the company in a research note on Wednesday, January 8th. Eight equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $378.23.

Institutional Investors Weigh In On Accenture

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Visionary Wealth Advisors grew its holdings in shares of Accenture by 3.5% during the fourth quarter. Visionary Wealth Advisors now owns 778 shares of the information technology services provider’s stock worth $274,000 after buying an additional 26 shares in the last quarter. Vivaldi Capital Management LP raised its stake in Accenture by 3.6% in the 4th quarter. Vivaldi Capital Management LP now owns 782 shares of the information technology services provider’s stock valued at $292,000 after acquiring an additional 27 shares during the period. Newbridge Financial Services Group Inc. lifted its holdings in Accenture by 5.7% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 518 shares of the information technology services provider’s stock valued at $182,000 after purchasing an additional 28 shares during the last quarter. FPC Investment Advisory Inc. lifted its stake in shares of Accenture by 62.2% during the 4th quarter. FPC Investment Advisory Inc. now owns 73 shares of the information technology services provider’s stock worth $28,000 after buying an additional 28 shares during the last quarter. Finally, New England Professional Planning Group Inc. boosted its holdings in shares of Accenture by 4.6% during the fourth quarter. New England Professional Planning Group Inc. now owns 655 shares of the information technology services provider’s stock worth $230,000 after acquiring an additional 29 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Julie Spellman Sweet sold 2,497 shares of the business’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $354.48, for a total transaction of $885,136.56. Following the completion of the transaction, the chief executive officer now owns 28,866 shares of the company’s stock, valued at approximately $10,232,419.68. The trade was a 7.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Melissa A. Burgum sold 1,487 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $354.54, for a total value of $527,200.98. Following the transaction, the chief accounting officer now directly owns 9,247 shares of the company’s stock, valued at approximately $3,278,431.38. The trade was a 13.85 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,921 shares of company stock valued at $9,876,619. Insiders own 0.02% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Accenture

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.