Rep. Kelly Morrison Sells Accenture PLC (NYSE:ACN) Shares

Representative Kelly Morrison (Democratic-Minnesota) recently sold shares of Accenture PLC (NYSE:ACN). In a filing disclosed on August 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Accenture stock on August 11th. The trade occurred in the Representative’s “TRUST 8” account.

Representative Kelly Morrison also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 8/11/2026.
  • Sold $1,001 – $15,000 in shares of Mobility Global (NYSE:MBGL) on 8/11/2026.
  • Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 8/11/2026.

Accenture Price Performance

Shares of NYSE ACN opened at $181.58 on Thursday. The stock’s 50-day simple moving average is $153.25 and its 200-day simple moving average is $178.62. 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 $121.26 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 1.93 and a beta of 1.09. Accenture PLC has a fifty-two week low of $118.15 and a fifty-two week high of $291.09.

Accenture (NYSE:ACNGet Free Report) last announced its quarterly earnings results on Friday, June 19th. The information technology services provider reported $3.80 EPS for the quarter, beating the consensus estimate of $3.70 by $0.10. The company had revenue of $18.72 billion for 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 period in the prior year, the firm posted $3.49 earnings per share. As a group, equities research analysts forecast that Accenture PLC will post 13.85 EPS for the current fiscal year.

Accenture declared that its board has approved a share repurchase plan on Tuesday, June 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to reacquire up to 2.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Accenture Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Thursday, July 9th were given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, July 9th. Accenture’s dividend payout ratio is currently 52.08%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ACN. The Goldman Sachs Group dropped their price objective on Accenture from $270.00 to $230.00 and set a “neutral” rating on the stock in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $136.00 price objective on shares of Accenture in a research note on Friday, July 10th. Argus lowered their target price on shares of Accenture from $335.00 to $220.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Evercore set a $180.00 target price on shares of Accenture in a report on Thursday, June 18th. Finally, Susquehanna decreased their price target on shares of Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a research note on Monday, June 22nd. Twelve equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $194.19.

View Our Latest Stock Analysis on ACN

Insider Activity at Accenture

In other news, General Counsel Joel Unruch sold 10,498 shares of Accenture stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $162.98, for a total transaction of $1,710,964.04. Following the completion of the sale, the general counsel directly owned 17,735 shares in the company, valued at approximately $2,890,450.30. This trade represents a 37.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Accenture

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

About Representative Morrison

Kelly Morrison (Democratic Party) is a member of the U.S. House, representing Minnesota’s 3rd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Morrison (Democratic Party) is running for re-election to the U.S. House to represent Minnesota’s 3rd Congressional District. She declared candidacy for the 2026 election.

Kelly Morrison was born in Minneapolis, Minnesota, and lives in Deephaven. Morrison earned a B.A. in history from Yale University and an M.D. from Case Western Reserve University. She completed her residency in obstetrics and gynecology at Northwestern University. Morrison’s career experience includes working as a physician.

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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