Rep. C. Scott Franklin Buys Shares of Accenture PLC (NYSE:ACN)

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 Trading Down 5.0%

Shares of NYSE ACN opened at $180.86 on Friday. The firm has a 50 day moving average price of $172.06 and a two-hundred day moving average price of $175.11. The stock has a market cap of $120.78 billion, a P/E ratio of 14.45, a price-to-earnings-growth ratio of 1.53 and a beta of 1.10. Accenture PLC has a 52-week low of $118.15 and a 52-week high of $291.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34.

Accenture (NYSE:ACN) last issued its quarterly earnings data on Friday, June 19th. The information technology services provider reported $3.80 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.10. The company had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.78 billion. Accenture had a net margin of 10.66% and a return on equity of 26.47%. Accenture’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.49 earnings per share. As a group, equities analysts forecast that Accenture PLC will post 13.86 EPS for the current year.

Accenture announced that its board has authorized a share buyback program on Tuesday, June 23rd that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to purchase up to 2.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Accenture

A number of large investors have recently bought and sold shares of ACN. State Street Corp increased its position in Accenture by 0.5% in the 4th quarter. State Street Corp now owns 28,264,675 shares of the information technology services provider’s stock valued at $7,583,462,000 after buying an additional 129,610 shares in the last quarter. Capital International Investors grew its position in Accenture by 2.0% in the 4th quarter. Capital International Investors now owns 17,471,554 shares of the information technology services provider’s stock valued at $4,687,867,000 after purchasing an additional 343,420 shares during the period. Geode Capital Management LLC increased its stake in Accenture by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 14,656,436 shares of the information technology services provider’s stock valued at $3,922,212,000 after purchasing an additional 218,719 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Accenture by 15.9% in the fourth quarter. Franklin Resources Inc. now owns 8,173,338 shares of the information technology services provider’s stock valued at $2,192,907,000 after buying an additional 1,122,855 shares in the last quarter. Finally, Norges Bank bought a new position in Accenture in the 4th quarter valued at about $2,146,995,000. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Accenture News Summary

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

Insider Buying and Selling at Accenture

In related news, General Counsel Joel Unruch sold 10,498 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was 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 owned 17,735 shares in the company, valued at approximately $2,890,450.30. This represents a 37.18% decrease in their ownership of the stock. The sale was disclosed in a 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 corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ACN. BMO Capital Markets reissued a “market perform” rating and set a $150.00 target price on shares of Accenture in a research report on Friday, June 19th. TD Cowen upped their price objective on shares of Accenture from $151.00 to $173.00 and gave the company a “hold” rating in a research note on Wednesday, August 26th. Argus decreased their price objective on shares of Accenture from $335.00 to $220.00 and set a “buy” rating for the company in a research report on Monday, June 22nd. Jefferies Financial Group decreased their price target on Accenture from $210.00 to $185.00 and set a “hold” rating for the company in a report on Monday, June 15th. Finally, Wolfe Research lifted their price objective on Accenture from $165.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Ten equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $198.04.

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.