Rep. Kelly Morrison Sells Off Accenture PLC (NYSE:ACN) Shares

Key Points

• Rep. Kelly Morrison sold Accenture shares worth between $1,001 and $15,000, along with a separate $15,001–$50,000 Accenture sale, on August 11, 2026. She also sold holdings in Mobility Global and Solstice Advanced Materials.
• Accenture reported quarterly EPS of $3.80, beating estimates, while revenue rose 5.6% year over year to $18.72 billion. The company also maintains a $6.52 annualized dividend and authorized a $2 billion share-repurchase program.
• Analysts remain broadly neutral, with a consensus “Hold” rating and an average price target of $194.19; 75.14% of Accenture’s shares are held by institutional investors.

Representative Kelly Morrison (Democratic-Minnesota) recently sold shares of Accenture PLC NYSE: ACN. In a filing disclosed on August 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Accenture stock on August 11th. The trade occurred in the Representative's "TRUST 1" account.

Representative Kelly Morrison also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Accenture NYSE: ACN on 8/11/2026.
• Sold $1,001 - $15,000 in shares of Mobility Global NYSE: MBGL on 8/11/2026.
• Sold $1,001 - $15,000 in shares of Solstice Advanced Mat NASDAQ: SOLS on 8/11/2026.

Accenture Price Performance

ACN stock opened at $181.58 on Thursday. 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 firm has a market cap of $121.26 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 1.93 and a beta of 1.09. The company's fifty day simple moving average is $153.25 and its 200 day simple moving average is $178.62. Accenture PLC has a 12-month low of $118.15 and a 12-month high of $291.09.

Accenture (NYSE:ACN - Get Free Report) last issued its quarterly earnings results on Friday, June 19th. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts' consensus estimates of $3.70 by $0.10. The firm 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 business's revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business posted $3.49 EPS. On average, analysts expect that Accenture PLC will post 13.85 earnings per share for the current year.

Accenture Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Thursday, July 9th were given a dividend of $1.63 per share. The ex-dividend date was Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 3.6%. Accenture's dividend payout ratio is 52.08%.

Accenture declared that its Board of Directors has authorized a share repurchase program on Tuesday, June 23rd that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the information technology services provider to buy up to 2.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ACN shares. TD Cowen raised their target price on Accenture from $151.00 to $173.00 and gave the stock a "hold" rating in a research note on Wednesday. UBS Group restated a "buy" rating on shares of Accenture in a report on Wednesday. Susquehanna reduced their price objective on shares of Accenture from $186.00 to $140.00 and set a "neutral" rating for the company in a research report on Monday, June 22nd. BMO Capital Markets reiterated a "market perform" rating and set a $150.00 target price on shares of Accenture in a research report on Friday, June 19th. Finally, Citigroup increased their target price on shares of Accenture from $135.00 to $190.00 and gave the stock a "neutral" rating in a research note on Monday. Twelve research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $194.19.

Hedge Funds Weigh In On Accenture

Large investors have recently modified their holdings of the company. Triumph Capital Management acquired a new position in Accenture during the third quarter worth $26,000. Laurel Wealth Advisors LLC bought a new stake in shares of Accenture during the fourth quarter worth about $27,000. Dogwood Wealth Management LLC raised its holdings in shares of Accenture by 147.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 215 shares of the information technology services provider's stock worth $27,000 after acquiring an additional 128 shares during the last quarter. McMillan Office Inc. bought a new position in Accenture in the 4th quarter valued at about $27,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new position in Accenture during the 4th quarter valued at about $27,000. 75.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, General Counsel Joel Unruch sold 10,498 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $162.98, for a total value of $1,710,964.04. Following the completion of the sale, the general counsel directly owned 17,735 shares of the company's stock, valued at $2,890,450.30. This represents a 37.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company's stock.

About Representative Morrison

Kelly Morrison (Democratic Party) is a member of the U.S. House, representing Minnesota's 3rd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Morrison (Democratic Party) is running for re-election to the U.S. House to represent Minnesota's 3rd Congressional District. She declared candidacy for the 2026 election. Kelly Morrison was born in Minneapolis, Minnesota, and lives in Deephaven. Morrison earned a B.A. in history from Yale University and an M.D. from Case Western Reserve University. She completed her residency in obstetrics and gynecology at Northwestern University. Morrison's career experience includes working as a physician.

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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