Accenture (NYSE:ACN) Shares Unloaded Sen. Markwayne Mullin

Key Points

• Senator Markwayne Mullin sold shares of Accenture PLC valued between $15,001 and $50,000 on September 24, 2023.
• Accenture recently reported earnings per share of $3.03, exceeding estimates, with quarterly revenue of $17.60 billion, up 7.3% compared to the previous year.
• Accenture declared an increased quarterly dividend of $1.63 per share, set to be paid to investors on November 14, 2023.

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of Accenture PLC NYSE: ACN. In a filing disclosed on October 01st, the Senator disclosed that they had sold between $15,001 and $50,000 in Accenture stock on September 24th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Intuitive Surgical NASDAQ: ISRG on 9/24/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 9/24/2025.
• Purchased $15,001 - $50,000 in shares of Intuit NASDAQ: INTU on 9/24/2025.
• Sold $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 9/24/2025.
• Sold $15,001 - $50,000 in shares of iShares U.S. Healthcare Providers ETF NYSEARCA: IHF on 9/24/2025.
• Sold $15,001 - $50,000 in shares of Texas Instruments NASDAQ: TXN on 9/24/2025.
• Purchased $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 9/24/2025.
• Sold $15,001 - $50,000 in shares of Wabtec NYSE: WAB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Wabtec NYSE: WAB on 9/23/2025.
• Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 8/1/2025.

Accenture Price Performance

NYSE ACN opened at $243.50 on Thursday. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. Accenture PLC has a 1 year low of $229.40 and a 1 year high of $398.35. The company has a market cap of $152.51 billion, a PE ratio of 20.04, a PEG ratio of 2.15 and a beta of 1.28. The stock's 50-day moving average price is $251.06 and its two-hundred day moving average price is $284.75.

Accenture (NYSE:ACN - Get Free Report) last announced its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.05. The company had revenue of $17.60 billion for the quarter, compared to the consensus estimate of $17.34 billion. Accenture had a net margin of 11.02% and a return on equity of 26.45%. The company's revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.66 EPS. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, analysts predict that Accenture PLC will post 12.73 EPS for the current year.

Accenture Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be paid a $1.63 dividend. 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 2.7%. This is an increase from Accenture's previous quarterly dividend of $1.48. Accenture's dividend payout ratio (DPR) is 48.72%.

Analysts Set New Price Targets

ACN has been the subject of a number of research analyst reports. Mizuho cut their target price on shares of Accenture from $348.00 to $309.00 and set an "outperform" rating for the company in a research report on Monday. Rothschild Redb lowered Accenture from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 3rd. Guggenheim lowered their target price on Accenture from $305.00 to $285.00 and set a "buy" rating on the stock in a research note on Friday, September 26th. Rothschild & Co Redburn raised their price target on Accenture from $250.00 to $255.00 in a research note on Friday, September 19th. Finally, Morgan Stanley reduced their price target on Accenture from $325.00 to $271.00 and set an "equal weight" rating for the company in a report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $300.22.

Insider Transactions at Accenture

In other news, CEO Julie Spellman Sweet sold 2,251 shares of the stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $282.45, for a total value of $635,794.95. Following the completion of the sale, the chief executive officer directly owned 8,109 shares of the company's stock, valued at approximately $2,290,387.05. This represents a 21.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Angela Beatty sold 203 shares of the business's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total value of $57,315.02. Following the transaction, the insider owned 5,249 shares in the company, valued at $1,482,002.66. This represents a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock worth $834,280 over the last three months. 0.02% of the stock is currently owned by insiders.

Institutional Trading of Accenture

Several large investors have recently modified their holdings of ACN. Sanders Capital LLC bought a new position in Accenture in the 2nd quarter worth $2,637,640,000. Norges Bank bought a new position in shares of Accenture in the second quarter worth about $2,216,850,000. Price T Rowe Associates Inc. MD lifted its position in shares of Accenture by 63.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,953,621 shares of the information technology services provider's stock worth $2,793,889,000 after purchasing an additional 3,490,569 shares during the last quarter. Vanguard Group Inc. boosted its stake in Accenture by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 63,814,234 shares of the information technology services provider's stock valued at $19,912,594,000 after purchasing an additional 3,419,577 shares during the period. Finally, Pacer Advisors Inc. grew its holdings in Accenture by 2,782.1% in the 1st quarter. Pacer Advisors Inc. now owns 1,445,281 shares of the information technology services provider's stock valued at $450,985,000 after buying an additional 1,395,135 shares during the last quarter. 75.14% of the stock is owned by institutional investors.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father's plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

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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