Rep. Kevin Hern Sells Accenture PLC (NYSE:ACN) Shares

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Accenture PLC (NYSE:ACN). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $250,001 and $500,000 in Accenture stock on March 16th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Exact Sciences (NASDAQ:EXAS) on 3/24/2026.
• Sold $50,001 – $100,000 in shares of Prologis (NYSE:PLD) on 3/20/2026.
• Sold $15,001 – $50,000 in shares of T. Rowe Price Group (NASDAQ:TROW) on 3/20/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 3/20/2026.
• Sold $500,001 – $1,000,000 in shares of Texas Instruments (NASDAQ:TXN) on 3/18/2026.
• Sold $500,001 – $1,000,000 in shares of Smartstop Self Storage REIT (NYSE:SMA) on 3/18/2026.
• Sold $50,001 – $100,000 in shares of BlackRock MuniAssets Fund (NYSE:MUA) on 3/17/2026.
• Sold $15,001 – $50,000 in shares of Cognizant Technology Solutions (NASDAQ:CTSH) on 3/17/2026.
• Sold $15,001 – $50,000 in shares of Invesco (NYSE:IVZ) on 3/17/2026.
• Sold $15,001 – $50,000 in shares of Becton, Dickinson and Company (NYSE:BDX) on 3/17/2026.

Accenture Trading Down 0.8%

Shares of NYSE:ACN traded down $1.52 during mid-day trading on Tuesday, reaching $197.43. 715,224 shares of the company’s stock were exchanged, compared to its average volume of 6,575,621. The firm has a market capitalization of $131.38 billion, a price-to-earnings ratio of 16.20, a PEG ratio of 1.91 and a beta of 1.24. The business’s fifty day moving average price is $215.58 and its 200-day moving average price is $242.91. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.34. Accenture PLC has a twelve month low of $187.00 and a twelve month high of $325.71.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Friday, March 20th. The information technology services provider reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.09. The company had revenue of $18.04 billion for the quarter, compared to analyst estimates of $17.80 billion. Accenture had a net margin of 10.61% and a return on equity of 26.33%. Accenture’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.82 earnings per share. On average, research analysts predict that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 9th will be paid a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, April 9th. Accenture’s payout ratio is presently 53.40%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wolfe Research boosted their target price on shares of Accenture from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, December 11th. Robert W. Baird decreased their target price on shares of Accenture from $330.00 to $265.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Piper Sandler set a $282.00 price objective on shares of Accenture in a research report on Thursday, March 5th. BMO Capital Markets reduced their price objective on shares of Accenture from $300.00 to $230.00 and set a “market perform” rating for the company in a research report on Friday, March 20th. Finally, Royal Bank Of Canada reduced their price objective on shares of Accenture from $295.00 to $253.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Eighteen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $274.88.

Insider Activity

In other news, CAO Melissa A. Burgum sold 3,588 shares of the firm’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $281.01, for a total transaction of $1,008,263.88. Following the sale, the chief accounting officer owned 8,179 shares in the company, valued at approximately $2,298,380.79. This trade represents a 30.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, General Counsel Joel Unruch sold 1,026 shares of the firm’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $281.70, for a total transaction of $289,024.20. Following the sale, the general counsel owned 27,181 shares in the company, valued at approximately $7,656,887.70. This trade represents a 3.64% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 20,756 shares of company stock worth $5,604,134. Corporate insiders own 0.02% of the company’s stock.

Institutional Trading of Accenture

Institutional investors and hedge funds have recently bought and sold shares of the company. Investors Research Corp lifted its stake in Accenture by 73.8% in the 3rd quarter. Investors Research Corp now owns 106 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 45 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of Accenture by 132.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 107 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 61 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of Accenture during the 3rd quarter valued at $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Accenture during the 4th quarter valued at $27,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Accenture during the 4th quarter valued at $27,000. 75.14% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Accenture

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.