Rep. Jefferson Shreve Sells Accenture plc (NYSE:ACN) Shares

Representative Jefferson Shreve (R-Indiana) recently sold shares of Accenture plc (NYSE:ACN). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Accenture stock on March 31st. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
• Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
• Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
• Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

Accenture Price Performance

NYSE:ACN traded down $1.21 during trading hours on Tuesday, reaching $288.58. 3,273,144 shares of the company traded hands, compared to its average volume of 3,008,262. Accenture plc has a 1-year low of $275.01 and a 1-year high of $398.35. The stock has a market cap of $180.75 billion, a P/E ratio of 24.21, a P/E/G ratio of 3.23 and a beta of 1.32. The firm’s 50-day moving average is $334.44 and its 200-day moving average is $351.59. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.47.

Accenture (NYSE:ACN) last announced its earnings results on Thursday, March 20th. The information technology services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.01. Accenture had a net margin of 11.41% and a return on equity of 26.91%. The firm had revenue of $16.70 billion for the quarter, compared to analyst estimates of $16.64 billion. During the same quarter last year, the business earned $2.77 earnings per share. Accenture’s revenue was up 5.7% compared to the same quarter last year. Equities research analysts expect that Accenture plc will post 12.73 earnings per share for the current fiscal year.

Accenture Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 10th will be given a dividend of $1.48 per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $5.92 annualized dividend and a dividend yield of 2.05%. Accenture’s dividend payout ratio is currently 48.89%.

Insider Activity at Accenture

In related news, insider Angela Beatty sold 961 shares of Accenture stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $354.47, for a total transaction of $340,645.67. Following the sale, the insider now directly owns 5,484 shares in the company, valued at $1,943,913.48. The trade was a 14.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Julie Spellman Sweet sold 2,284 shares of the business’s stock in a transaction on Friday, April 11th. The stock was sold at an average price of $281.63, for a total value of $643,242.92. Following the completion of the sale, the chief executive officer now directly owns 9,965 shares in the company, valued at $2,806,442.95. This represents a 18.65 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,921 shares of company stock worth $9,876,619 in the last 90 days. 0.02% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently commented on ACN. JPMorgan Chase & Co. upped their price objective on shares of Accenture from $370.00 to $396.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Barclays decreased their price target on shares of Accenture from $415.00 to $390.00 and set an “overweight” rating on the stock in a report on Monday, March 24th. Mizuho dropped their price objective on Accenture from $428.00 to $398.00 and set an “outperform” rating for the company in a report on Wednesday, March 19th. Jefferies Financial Group reduced their target price on Accenture from $385.00 to $355.00 and set a “hold” rating on the stock in a report on Tuesday, January 21st. Finally, Wolfe Research upgraded Accenture from a “peer perform” rating to an “outperform” rating and set a $425.00 price objective on the stock in a report on Wednesday, January 8th. Eight research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $378.23.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ACN. Morse Asset Management Inc bought a new position in Accenture during the 3rd quarter valued at $25,000. FPC Investment Advisory Inc. lifted its holdings in Accenture by 62.2% during the 4th quarter. FPC Investment Advisory Inc. now owns 73 shares of the information technology services provider’s stock worth $28,000 after buying an additional 28 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Accenture in the fourth quarter worth $30,000. Mpwm Advisory Solutions LLC bought a new position in shares of Accenture in the 4th quarter worth about $30,000. Finally, POM Investment Strategies LLC lifted its holdings in Accenture by 64.2% in the fourth quarter. POM Investment Strategies LLC now owns 87 shares of the information technology services provider’s stock worth $31,000 after acquiring an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 75.14% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Accenture Company Profile

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.