Franklin's Shifting Portfolio: Accenture Gains Amid Tech Sell-Off

Representative Scott Franklin of Florida's 18th congressional district has made several notable transactions in his Fidelity Roth IRA account, according to a recent congressional trade report.

The trades occurred on August 26, 2026, and August 20, 2026. On the first date, Franklin purchased shares of Accenture plc Class A Ordinary Shares (), valued between $1,001 and $15,000, at a market price of $181.21 with a P/E ratio of 14.53.

InvestingPro analysis suggests that ACN is undervalued, offering a dividend yield of 3.43%. The company has raised its dividend for six consecutive years and management has been aggressively buying back shares.

In addition to Accenture, Franklin also bought shares in the Lord Abbett Short Duration High Yield bond fund (MUTF:LSYIX), McDonald's Corporation Common Stock (), Novo Nordisk A/S Common Stock (), and Pepsico, Inc. (), each valued between $1,001 and $15,000.

In contrast, on August 20, 2026, Franklin sold portions of his holdings in Alphabet Inc. - Class C Capital Stock (), Apple Inc. - Common Stock (), and JP Morgan Chase & Co. Common Stock (), with values ranging from $1,001 to $15,000.