Representative Rick W. Allen (R-Georgia) recently sold shares of Accenture PLC (NYSE:ACN). In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Accenture stock on September 12th. The trade occurred in the Representative’s “LIVTR” account.
Representative Rick W. Allen also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Atmos Energy (NYSE:ATO) on 8/19/2025.
- Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 8/19/2025.
- Purchased $15,001 – $50,000 in shares of Charles Schwab (NYSE:SCHW) on 7/10/2025.
Accenture Stock Performance
Shares of ACN stock opened at $253.17 on Thursday. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The firm has a market capitalization of $158.57 billion, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 2.19 and a beta of 1.28. The business has a 50 day simple moving average of $248.02 and a 200 day simple moving average of $282.42. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46.
Accenture Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a $1.63 dividend. This is a positive change from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date of this dividend is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.6%. Accenture’s dividend payout ratio is currently 48.72%.
Analyst Upgrades and Downgrades
ACN has been the subject of a number of research reports. UBS Group decreased their price target on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday, September 24th. TD Cowen decreased their price target on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a research note on Friday, September 26th. Morgan Stanley decreased their price target on Accenture from $325.00 to $271.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 9th. Rothschild Redb lowered Accenture from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Finally, Royal Bank Of Canada cut their price objective on Accenture from $372.00 to $285.00 and set an “outperform” rating for the company in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Accenture presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.
Read Our Latest Stock Analysis on ACN
Institutional Trading of Accenture
A number of hedge funds have recently modified their holdings of the business. Investors Research Corp raised its holdings in shares of Accenture by 73.8% during the third quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 45 shares in the last quarter. Kelly Lawrence W & Associates Inc. CA purchased a new stake in shares of Accenture during the first quarter worth $31,000. Inlight Wealth Management LLC purchased a new stake in shares of Accenture during the first quarter worth $32,000. Heartwood Wealth Advisors LLC acquired a new position in Accenture during the third quarter worth $32,000. Finally, RMG Wealth Management LLC acquired a new position in Accenture during the second quarter worth $33,000. Hedge funds and other institutional investors own 75.14% of the company’s stock.
Insiders Place Their Bets
In other Accenture news, CEO Mauro Macchi sold 500 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the transaction, the chief executive officer directly owned 2,283 shares of the company’s stock, valued at $644,582.22. This represents a 17.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction on Friday, July 11th. The stock was sold at an average price of $282.45, for a total transaction of $635,794.95. Following the transaction, the chief executive officer directly owned 8,109 shares in the company, valued at $2,290,387.05. The trade was a 21.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,954 shares of company stock valued at $834,280 over the last three months. 0.02% of the stock is currently owned by insiders.
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
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.
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