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

Key Points

• Representative Kelly Morrison sold shares of Accenture PLC (NYSE:ACN) worth between $15,001 and $50,000 on August 19th, as disclosed in a filing on September 11th.
• Accenture's stock has experienced a decline, trading down 2.3% to $238.55, while analysts maintain a consensus rating of "Moderate Buy" with a target price averaging around $346.92.
• Institutional investors own 75.14% of Accenture's stock, with several hedge funds acquiring new stakes in the company over recent quarters.

Representative Kelly Morrison (D-Minnesota) recently sold shares of Accenture PLC NYSE: ACN. In a filing disclosed on September 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Accenture stock on August 19th. The trade occurred in the Representative's "TRUST 2" account.

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

• Sold $1,001 - $15,000 in shares of Verizon Communications NYSE: VZ on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Accenture NYSE: ACN on 8/19/2025.
• Sold $15,001 - $50,000 in shares of Thermo Fisher Scientific NYSE: TMO on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Thermo Fisher Scientific NYSE: TMO on 8/19/2025.

Accenture Price Performance

Shares of NYSE ACN traded down $1.87 during midday trading on Tuesday, reaching $236.00. The company's stock had a trading volume of 386,315 shares, compared to its average volume of 3,570,561. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The company has a 50 day moving average price of $261.96 and a 200 day moving average price of $291.97. Accenture PLC has a one year low of $235.92 and a one year high of $398.35. The company has a market cap of $147.81 billion, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 2.05 and a beta of 1.29.

Accenture (NYSE:ACN - Get Free Report) last released its earnings results on Friday, June 20th. The information technology services provider reported $3.49 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.17. The business had revenue of $17.73 billion for the quarter, compared to the consensus estimate of $17.26 billion. Accenture had a net margin of 11.61% and a return on equity of 26.55%. The firm's quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted $3.13 earnings per share. Accenture has set its Q4 2025 guidance at EPS. FY 2025 guidance at 12.770-12.890 EPS. On average, equities research analysts expect that Accenture PLC will post 12.73 EPS for the current year.

Analyst Upgrades and Downgrades

ACN has been the topic of several analyst reports. Robert W. Baird dropped their target price on shares of Accenture from $372.00 to $350.00 and set an "outperform" rating on the stock in a research report on Tuesday. TD Cowen dropped their target price on shares of Accenture from $342.00 to $313.00 and set a "buy" rating on the stock in a research report on Tuesday, September 9th. Benchmark reissued a "mixed" rating on shares of Accenture in a research report on Friday, June 20th. UBS Group reaffirmed a "buy" rating and set a $395.00 price objective (up from $390.00) on shares of Accenture in a research report on Thursday, May 22nd. Finally, BMO Capital Markets lowered their price objective on shares of Accenture from $355.00 to $325.00 and set a "market perform" rating on the stock in a research report on Monday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $345.32.

Institutional Investors Weigh In On Accenture

A number of hedge funds have recently modified their holdings of ACN. Vanguard Group Inc. grew its holdings in shares of Accenture by 2.1% in the second quarter. Vanguard Group Inc. now owns 65,129,782 shares of the information technology services provider's stock valued at $19,466,641,000 after purchasing an additional 1,315,548 shares during the period. State Street Corp grew its holdings in shares of Accenture by 1.2% in the second quarter. State Street Corp now owns 28,016,605 shares of the information technology services provider's stock valued at $8,373,925,000 after purchasing an additional 326,979 shares during the period. Geode Capital Management LLC grew its holdings in shares of Accenture by 1.1% in the second quarter. Geode Capital Management LLC now owns 14,042,843 shares of the information technology services provider's stock valued at $4,182,331,000 after purchasing an additional 147,931 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Accenture by 0.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 8,998,826 shares of the information technology services provider's stock worth $2,689,659,000 after buying an additional 56,108 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in Accenture by 63.9% during the first 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 buying an additional 3,490,569 shares during the period. 75.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Accenture news, CEO Mauro Macchi sold 500 shares of the stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $282.34, for a total transaction of $141,170.00. Following the completion of the transaction, the chief executive officer owned 2,283 shares of the company's stock, valued at $644,582.22. This trade represents a 17.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Angela Beatty sold 203 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $282.34, for a total transaction of $57,315.02. Following the transaction, the insider directly owned 5,249 shares of the company's stock, valued at approximately $1,482,002.66. This trade represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,954 shares of company stock valued at $834,280 over the last 90 days. 0.02% of the stock is owned by company insiders.

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.

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.