BKM Wealth Management LLC Has $2.55 Million Stock Position in Accenture PLC $ACN

BKM Wealth Management LLC reduced its holdings in Accenture PLC (NYSE:ACN) by 2.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,535 shares of the information technology services provider’s stock after selling 218 shares during the quarter. Accenture comprises 1.0% of BKM Wealth Management LLC’s holdings, making the stock its 27th largest holding. BKM Wealth Management LLC’s holdings in Accenture were worth $2,551,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA bought a new stake in Accenture in the first quarter worth approximately $31,000. Inlight Wealth Management LLC bought a new stake in Accenture in the first quarter worth approximately $32,000. RMG Wealth Management LLC bought a new stake in Accenture in the second quarter worth approximately $33,000. WPG Advisers LLC bought a new stake in Accenture in the first quarter worth approximately $42,000. Finally, Cheviot Value Management LLC bought a new stake in Accenture in the first quarter worth approximately $43,000. 75.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ACN shares. UBS Group decreased their price objective on Accenture from $363.00 to $315.00 and set a “buy” rating for the company in a report on Wednesday, September 24th. Mizuho decreased their price objective on Accenture from $348.00 to $309.00 and set an “outperform” rating for the company in a report on Monday, September 29th. TD Cowen decreased their price objective on Accenture from $313.00 to $295.00 and set a “buy” rating for the company in a report on Friday, September 26th. Cowen restated a “buy” rating on shares of Accenture in a report on Friday, September 26th. Finally, Evercore ISI set a $280.00 price objective on Accenture in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

Accenture Trading Up 1.9%

Shares of Accenture stock opened at $238.46 on Friday. The stock has a fifty day simple moving average of $246.78 and a 200 day simple moving average of $278.90. Accenture PLC has a 12-month low of $229.40 and a 12-month high of $398.35. The company has a market capitalization of $157.02 billion, a P/E ratio of 19.63, a price-to-earnings-growth ratio of 2.08 and a beta of 1.28. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $17.34 billion. During the same quarter in the prior year, the company posted $2.66 earnings per share. Accenture’s revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that Accenture PLC will post 12.73 earnings per share for the current fiscal year.

Accenture Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 10th will be paid a $1.63 dividend. This is a boost from Accenture’s previous quarterly dividend of $1.48. The ex-dividend date is Friday, October 10th. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. Accenture’s dividend payout ratio is currently 53.66%.

Accenture 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.