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 Stock Performance
NYSE:ACN opened at $180.86 on Friday. The stock has a 50 day simple moving average of $172.06 and a 200 day simple moving average of $175.11. The stock has a market cap of $120.78 billion, a P/E ratio of 14.45, a PEG ratio of 1.53 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.
Accenture declared that its Board of Directors has authorized a share buyback program 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 buy up to 2.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.
Wall Street Analyst Weigh In
Several equities analysts recently commented on ACN shares. BMO Capital Markets restated a “market perform” rating and issued a $150.00 price target on shares of Accenture in a research note on Friday, June 19th. Berenberg Bank lowered their target price on shares of Accenture from $273.00 to $220.00 and set a “buy” rating on the stock in a report on Wednesday, June 17th. Weiss Ratings cut Accenture from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Jefferies Financial Group lowered their price objective on Accenture from $210.00 to $185.00 and set a “hold” rating on the stock in a research note on Monday, June 15th. Finally, Stifel Nicolaus decreased 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. Ten equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Accenture presently has an average rating of “Hold” and a consensus price target of $198.04.
Get Our Latest Stock Report on Accenture
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
Insiders Place Their Bets
In other Accenture news, General Counsel Joel Unruch sold 10,498 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $162.98, for a total value of $1,710,964.04. Following the completion of the transaction, the general counsel directly owned 17,735 shares in the company, valued at approximately $2,890,450.30. This represents a 37.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by insiders.
Institutional Investors Weigh In On Accenture
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Smith Chas P & Associates PA Cpas grew its position in Accenture by 8.3% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 172,023 shares of the information technology services provider’s stock worth $21,406,000 after acquiring an additional 13,244 shares during the last quarter. National Pension Service boosted its stake in shares of Accenture by 5.6% during the second quarter. National Pension Service now owns 1,564,857 shares of the information technology services provider’s stock valued at $194,731,000 after purchasing an additional 82,362 shares in the last quarter. Engineers Gate Manager LP grew its holdings in shares of Accenture by 5.2% during the second quarter. Engineers Gate Manager LP now owns 15,708 shares of the information technology services provider’s stock worth $1,955,000 after purchasing an additional 781 shares during the last quarter. Cidel Asset Management Inc. increased its stake in shares of Accenture by 26.7% in the second quarter. Cidel Asset Management Inc. now owns 6,071 shares of the information technology services provider’s stock valued at $755,000 after buying an additional 1,278 shares during the period. Finally, C WorldWide Group Holding A S raised its holdings in Accenture by 43.9% in the 2nd quarter. C WorldWide Group Holding A S now owns 6,777 shares of the information technology services provider’s stock valued at $843,000 after buying an additional 2,069 shares during the last quarter. 75.14% of the stock is owned by institutional investors.
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.
Accenture Company Profile
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.
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