Rep. Gilbert Ray Cisneros, Jr. Buys Accenture PLC (NYSE:ACN) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Accenture PLC (NYSE:ACN). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Accenture stock on March 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
  • Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

Accenture Trading Down 5.3%

NYSE ACN traded down $10.30 during trading hours on Thursday, hitting $183.54. The company’s stock had a trading volume of 1,666,714 shares, compared to its average volume of 6,521,498. The stock has a fifty day moving average of $212.48 and a 200 day moving average of $242.27. Accenture PLC has a twelve month low of $182.38 and a twelve month high of $325.71. The firm has a market capitalization of $122.14 billion, a P/E ratio of 15.03, a PEG ratio of 1.91 and a beta of 1.24. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings data on Friday, March 20th. The information technology services provider reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.09. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The business had revenue of $18.04 billion for the quarter, compared to analyst estimates of $17.80 billion. During the same period in the prior year, the business posted $2.82 earnings per share. Accenture’s revenue was up 7.8% compared to the same quarter last year. Equities research analysts forecast that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be issued a $1.63 dividend. This represents a $6.52 annualized dividend and a yield of 3.6%. The ex-dividend date is Thursday, April 9th. Accenture’s dividend payout ratio is currently 53.40%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ACN. Guggenheim cut their price objective on shares of Accenture from $275.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Robert W. Baird cut their price objective on shares of Accenture from $330.00 to $265.00 and set an “outperform” rating on the stock in a report on Friday, March 20th. HSBC upgraded shares of Accenture from a “reduce” rating to a “hold” rating and set a $220.00 price objective on the stock in a report on Friday, March 20th. Morgan Stanley lowered their target price on shares of Accenture from $320.00 to $240.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. Finally, Piper Sandler set a $282.00 price target on shares of Accenture in a research report on Thursday, March 5th. Eighteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.88.

Check Out Our Latest Report on ACN

Hedge Funds Weigh In On Accenture

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jaffetilchin Investment Partners LLC grew its holdings in shares of Accenture by 4.2% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 878 shares of the information technology services provider’s stock valued at $236,000 after buying an additional 35 shares during the period. Clayton Financial Group LLC increased its position in shares of Accenture by 13.1% during the fourth quarter. Clayton Financial Group LLC now owns 329 shares of the information technology services provider’s stock worth $88,000 after acquiring an additional 38 shares in the last quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. increased its position in shares of Accenture by 0.9% during the third quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 4,416 shares of the information technology services provider’s stock worth $1,089,000 after acquiring an additional 41 shares in the last quarter. Peak Asset Management LLC increased its position in shares of Accenture by 0.8% during the fourth quarter. Peak Asset Management LLC now owns 5,447 shares of the information technology services provider’s stock worth $1,461,000 after acquiring an additional 43 shares in the last quarter. Finally, SkyView Investment Advisors LLC increased its position in shares of Accenture by 1.2% during the second quarter. SkyView Investment Advisors LLC now owns 3,751 shares of the information technology services provider’s stock worth $1,108,000 after acquiring an additional 43 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Insider Activity at Accenture

In other news, CAO Melissa A. Burgum sold 3,588 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the completion of the sale, the chief accounting officer owned 8,179 shares of the company’s stock, valued at $2,298,380.79. This represents a 30.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John F. Walsh sold 3,986 shares of the stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $276.38, for a total transaction of $1,101,650.68. Following the sale, the chief executive officer directly owned 27,221 shares of the company’s stock, valued at $7,523,339.98. This represents a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,256 shares of company stock valued at $5,464,134 over the last three months. Insiders own 0.02% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.

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