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

Posted by Jeff Wilder 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 Trading Down 2.4%

Shares of ACN traded down $3.16 on Thursday, reaching $125.99. 17,871,191 shares of the company’s stock were exchanged, compared to its average volume of 6,892,327. The business has a 50 day moving average price of $173.22 and a two-hundred day moving average price of $215.09. 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 stock has a market capitalization of $83.84 billion, a P/E ratio of 10.06, a price-to-earnings-growth ratio of 1.26 and a beta of 1.08. Accenture PLC has a 12 month low of $118.15 and a 12 month high of $307.77.

Accenture (NYSE:ACN – Get Free Report) last announced its quarterly earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.10. The company had revenue of $18.72 billion during the quarter, compared to analyst estimates of $18.78 billion. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.49 EPS. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Research analysts anticipate that Accenture PLC will post 13.84 earnings per share for the current year.

Accenture Dividend Announcement

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

Accenture declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, June 23rd that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to reacquire up to 2.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Trending Headlines about Accenture

Here are the key news stories impacting Accenture this week:

Positive Sentiment: Accenture announced a new $2 billion share repurchase authorization, a signal management believes the stock is undervalued and which can support the share price. RTT News stock buyback report
Positive Sentiment: The company also continues to expand in cybersecurity, including plans to buy a majority stake in Dragos and acquire runZero and NetRise, a move that could strengthen its security growth story. Accenture to Acquire Stake in Dragos and Buy runZero and NetRise for $4.175B
Positive Sentiment: Some investors and analysts remain constructive on valuation, with articles highlighting Accenture as potentially undervalued and a long-term buying opportunity. Is ACN Undervalued? DCF Says Worth $252
Neutral Sentiment: Accenture is getting more attention from traders and Zacks users, but those articles mainly reflect elevated interest rather than a new fundamental catalyst. Here is What to Know Beyond Why Accenture PLC (ACN) is a Trending Stock
Neutral Sentiment: The company also announced a partnership with Coretura to help develop software-defined commercial vehicles, adding another strategic initiative but not an immediate earnings driver. Coretura and Accenture Join Forces to Reinvent the Development of Software-Defined Commercial Vehicles
Negative Sentiment: Mizuho cut its price target after Accenture’s fiscal 2026 guidance came in below expectations, adding to concern that growth is slowing. Mizuho Trims PT On Accenture Following Weaker-Than-Expected Fiscal 2026 Guidance
Negative Sentiment: DBS Bank downgraded Accenture from “moderate buy” to “hold,” reinforcing the cautious tone around the stock. Accenture was downgraded by Dbs Bank from moderate buy to hold
Negative Sentiment: A securities-fraud investigation notice from Kirby McInerney LLP could create overhang until the company clarifies the issue. ACCENTURE INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Accenture by 36.2% during the 4th quarter. Brighton Jones LLC now owns 18,438 shares of the information technology services provider’s stock worth $6,486,000 after purchasing an additional 4,905 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Accenture by 46.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,066 shares of the information technology services provider’s stock worth $618,000 after buying an additional 660 shares during the period. United Bank lifted its holdings in shares of Accenture by 49.8% in the 2nd quarter. United Bank now owns 3,639 shares of the information technology services provider’s stock worth $1,088,000 after purchasing an additional 1,209 shares in the last quarter. Bank of Nova Scotia grew its holdings in shares of Accenture by 23.0% during the second quarter. Bank of Nova Scotia now owns 828 shares of the information technology services provider’s stock valued at $247,000 after buying an additional 155 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Accenture by 4.2% in the second quarter. Main Street Financial Solutions LLC now owns 1,767 shares of the information technology services provider’s stock valued at $528,000 after purchasing an additional 72 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on ACN shares. Jefferies Financial Group cut their price target on shares of Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a research note on Monday, June 15th. Dbs Bank cut Accenture from a “moderate buy” rating to a “hold” rating in a research note on Tuesday. Wolfe Research reissued an “outperform” rating and set a $200.00 price target on shares of Accenture in a research report on Tuesday, June 16th. Guggenheim dropped their target price on Accenture from $225.00 to $185.00 and set a “buy” rating for the company in a report on Monday. Finally, Stifel Nicolaus reduced their price target on Accenture from $315.00 to $270.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Thirteen investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $196.85.

Get Our Latest Research Report on Accenture

Insiders Place Their Bets

In other Accenture news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction on 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 transaction, the chief executive officer owned 12,802 shares in the company, valued at $2,267,746.28. This represents a 27.57% decrease in their position. The sale was disclosed in a document filed 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. Corporate insiders own 0.02% of the company’s stock.

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.

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.