Representative Greg Landsman (D-Ohio) recently sold shares of Accenture plc NYSE: ACN. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Accenture stock on March 27th. The trade occurred in the Representative's "SARAH LANDSMAN TRADITIONAL IRA" account.
Representative Greg Landsman also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 3/27/2025.
- Sold $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/27/2025.
- Sold $15,001 - $50,000 in shares of Simon Property Group NYSE: SPG on 3/27/2025.
- Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 3/27/2025.
- Sold $15,001 - $50,000 in shares of Visa NYSE: V on 3/27/2025.
- Sold $15,001 - $50,000 in shares of Cencora NYSE: COR on 3/27/2025.
- Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 3/27/2025.
- Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 3/27/2025.
- Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/27/2025.
- Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 3/27/2025.
Accenture Price Performance
Shares of ACN stock traded down $1.21 during trading hours on Tuesday, hitting $288.58. The company had a trading volume of 3,273,144 shares, compared to its average volume of 3,008,279. Accenture plc has a 12 month low of $275.01 and a 12 month high of $398.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.47 and a current ratio of 1.47. The firm's fifty day moving average is $332.48 and its 200 day moving average is $351.15. The firm has a market capitalization of $180.75 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 3.23 and a beta of 1.32.
Accenture (NYSE:ACN - Get Free Report) last announced its quarterly earnings results on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share for the quarter, beating analysts' consensus estimates of $2.81 by $0.01. Accenture had a return on equity of 26.91% and a net margin of 11.41%. The firm had revenue of $16.70 billion for the quarter, compared to analysts' expectations of $16.64 billion. During the same period in the prior year, the business posted $2.77 earnings per share. The business's revenue was up 5.7% compared to the same quarter last year. On average, sell-side analysts predict that Accenture plc will post 12.73 EPS for the current fiscal year.
Accenture Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, April 10th will be paid a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Thursday, April 10th. Accenture's dividend payout ratio is 48.89%.
Hedge Funds Weigh In On Accenture
Several institutional investors have recently modified their holdings of ACN. Morse Asset Management Inc acquired a new position in Accenture during the third quarter valued at approximately $25,000. MML Investors Services LLC grew its holdings in shares of Accenture by 4.6% in the 3rd quarter. MML Investors Services LLC now owns 132,841 shares of the information technology services provider's stock valued at $46,957,000 after buying an additional 5,828 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in Accenture by 6.3% during the third quarter. Nomura Asset Management Co. Ltd. now owns 219,145 shares of the information technology services provider's stock worth $77,463,000 after acquiring an additional 12,968 shares in the last quarter. Roffman Miller Associates Inc. PA raised its position in shares of Accenture by 5.0% during the third quarter. Roffman Miller Associates Inc. PA now owns 71,635 shares of the information technology services provider's stock worth $25,322,000 after purchasing an additional 3,437 shares during the period. Finally, EWA LLC lifted its stake in Accenture by 3.0% in the third quarter. EWA LLC now owns 1,381 shares of the information technology services provider's stock valued at $500,000 after buying an additional 40 shares in the last quarter. 75.14% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. Morgan Stanley reduced their price target on shares of Accenture from $380.00 to $372.00 and set an "equal weight" rating on the stock in a research report on Monday, March 17th. Guggenheim reduced their price objective on Accenture from $400.00 to $395.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Baird R W upgraded Accenture from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th. StockNews.com downgraded shares of Accenture from a "buy" rating to a "hold" rating in a research report on Tuesday, March 11th. Finally, Mizuho lowered their price objective on shares of Accenture from $428.00 to $398.00 and set an "outperform" rating for the company in a research report on Wednesday, March 19th. Eight analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $378.23.
Check Out Our Latest Stock Report on ACN
Insider Transactions at Accenture
In other Accenture news, CFO Angie Y. Park sold 685 shares of the business's stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $354.38, for a total value of $242,750.30. Following the sale, the chief financial officer now owns 8,674 shares in the company, valued at approximately $3,073,892.12. The trade was a 7.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Angela Beatty sold 169 shares of the company's stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of $281.90, for a total value of $47,641.10. Following the transaction, the insider now directly owns 5,364 shares of the company's stock, valued at approximately $1,512,111.60. This trade represents a 3.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,921 shares of company stock valued at $9,876,619 over the last quarter. Corporate insiders own 0.02% of the company's stock.
About Representative Landsman
Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2026 election.
Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.
About Accenture
(
Get Free Report)
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.
Featured Articles
Before you consider Accenture, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Accenture wasn't on the list.
While Accenture currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
