Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Accenture PLC (NYSE:ACN)

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $1,001–$15,000 of Accenture shares on July 17, according to a congressional filing. He also reported several other recent stock purchases and sales.
• Accenture reported quarterly EPS of $3.80, exceeding estimates of $3.70, while revenue rose 5.6% year over year to $18.72 billion. The company also announced a $2 billion share-repurchase authorization and pays an annualized dividend of $6.52 per share.
• ACN traded near $186.53, with analysts holding a consensus “Hold” rating and an average price target of $194.19. Ratings remain mixed, with several firms recently lowering their price targets.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Accenture PLC (NYSE:ACN). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Accenture stock on July 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.

Accenture Trading Down 0.1%

ACN stock opened at $186.53 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.15. Accenture PLC has a twelve month low of $118.15 and a twelve month high of $291.09. The company has a market cap of $124.57 billion, a P/E ratio of 14.90, a PEG ratio of 1.50 and a beta of 1.10. The business has a fifty day moving average of $163.15 and a 200-day moving average of $176.29.

Accenture (NYSE:ACN - Get Free Report) last announced its quarterly earnings data on Friday, June 19th. The information technology services provider reported $3.80 earnings per share for the quarter, beating the consensus estimate of $3.70 by $0.10. The business 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%. Accenture's revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business posted $3.49 earnings per share. As a group, equities research analysts expect that Accenture PLC will post 13.86 EPS for the current year.

Accenture Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, July 9th were paid a $1.63 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.5%. Accenture's payout ratio is currently 52.08%.

Accenture declared that its board has authorized a stock repurchase program on Tuesday, June 23rd that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the information technology services provider to buy 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.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Accenture from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, July 9th. Argus cut their price target on Accenture from $335.00 to $220.00 and set a "buy" rating on the stock in a report on Monday, June 22nd. UBS Group reaffirmed a "buy" rating on shares of Accenture in a research report on Wednesday, August 26th. The Goldman Sachs Group dropped their target price on Accenture from $270.00 to $230.00 and set a "neutral" rating on the stock in a research report on Thursday, June 18th. Finally, TD Cowen upped their price target on Accenture from $151.00 to $173.00 and gave the stock a "hold" rating in a research report on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Accenture presently has a consensus rating of "Hold" and a consensus price target of $194.19.

Insiders Place Their Bets

In other 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 directly owned 17,735 shares in the company, valued at approximately $2,890,450.30. This represents a 37.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.02% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Accenture

A number of large investors have recently made changes to their positions in ACN. California State Teachers Retirement System grew its stake in shares of Accenture by 12,316.0% in the second quarter. California State Teachers Retirement System now owns 116,033,331 shares of the information technology services provider's stock valued at $14,439,188,000 after acquiring an additional 115,098,783 shares in the last quarter. State Street Corp grew its position in shares of 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 purchasing an additional 129,610 shares in the last quarter. Capital International Investors raised its position 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 valued at $4,687,867,000 after buying an additional 343,420 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Accenture by 1.5% in the fourth 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 buying an additional 218,719 shares during the period. Finally, Franklin Resources Inc. grew its position in 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 worth $2,192,907,000 after buying an additional 1,122,855 shares in the last quarter. Institutional investors own 75.14% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Accenture Company Profile

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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