Rep. C. Scott Franklin Acquires Accenture PLC (NYSE:ACN) Stock

Key Points

• Rep. C. Scott Franklin purchased between $1,001 and $15,000 of Accenture shares on August 26 in his Fidelity Roth IRA, alongside purchases of PepsiCo, Novo Nordisk and McDonald’s.
• Accenture reported quarterly EPS of $3.80, ahead of estimates, while revenue rose 5.6% year over year to $18.72 billion. The company also authorized a $2 billion share-repurchase program.
• ACN shares were down 5.0% and analysts’ consensus rating remained “Hold,” with a $198.04 average price target; recent concerns include weak evidence of improving client demand and potential overvaluation.

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 Stock Down 5.0%

ACN stock opened at $180.86 on Friday. Accenture PLC has a twelve month low of $118.15 and a twelve month high of $291.09. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. The company has a market cap of $120.78 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 1.53 and a beta of 1.10. The business's 50-day simple moving average is $172.06 and its 200 day simple moving average is $175.11.

Accenture (NYSE:ACN - Get Free Report) last announced its quarterly earnings data on Friday, June 19th. The information technology services provider reported $3.80 EPS for the quarter, topping analysts' consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion during the quarter, compared to the consensus estimate of $18.78 billion. Accenture had a return on equity of 26.47% and a net margin of 10.66%.The company's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company earned $3.49 EPS. On average, research analysts anticipate that Accenture PLC will post 13.86 earnings per share for the current year.

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

Trending Headlines about Accenture

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

Insiders Place Their Bets

In other Accenture 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 transaction, the general counsel owned 17,735 shares of the company's stock, valued at approximately $2,890,450.30. This represents a 37.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ACN. UBS Group restated a "buy" rating on shares of Accenture in a research note on Wednesday, August 26th. Mizuho decreased their target price on shares of Accenture from $280.00 to $226.00 and set an "outperform" rating on the stock in a research report on Tuesday, June 23rd. Dbs Bank cut shares of Accenture from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, June 23rd. Guggenheim lowered shares of Accenture from a "buy" rating to a "neutral" rating in a research report on Friday. Finally, Susquehanna decreased their price objective on Accenture from $186.00 to $140.00 and set a "neutral" rating on the stock in a report on Monday, June 22nd. Ten analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Accenture currently has an average rating of "Hold" and a consensus price target of $198.04.

Institutional Investors Weigh In On Accenture

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

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.

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