MOKAN Wealth Management Inc. Acquires Shares of 4,221 Accenture PLC $ACN

MOKAN Wealth Management Inc. acquired a new stake in shares of Accenture PLC (NYSE:ACN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,221 shares of the information technology services provider’s stock, valued at approximately $1,263,000.

Several other institutional investors have also bought and sold shares of ACN. Kelly Lawrence W & Associates Inc. CA bought a new position in Accenture during the first quarter valued at $31,000. Inlight Wealth Management LLC bought a new position in Accenture during the first quarter valued at $32,000. RMG Wealth Management LLC bought a new position in Accenture during the second quarter valued at $33,000. WPG Advisers LLC bought a new position in Accenture during the first quarter valued at $42,000. Finally, Cheviot Value Management LLC bought a new stake in shares of Accenture in the 1st quarter worth about $43,000. Institutional investors own 75.14% of the company’s stock.

Accenture Trading Down 4.3%

ACN stock opened at $241.11 on Monday. The company has a market capitalization of $151.01 billion, a PE ratio of 19.84, a P/E/G ratio of 2.10 and a beta of 1.28. Accenture PLC has a 12 month low of $229.40 and a 12 month high of $398.35. The firm’s 50-day moving average is $247.45 and its 200 day moving average is $281.18. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.42 and a quick ratio of 1.46.

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

Accenture Increases Dividend

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

Analyst Ratings Changes

ACN has been the subject of several analyst reports. Cowen restated a “buy” rating on shares of Accenture in a report on Friday, September 26th. Susquehanna lowered their target price on shares of Accenture from $330.00 to $270.00 and set a “neutral” rating for the company in a report on Thursday, September 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Accenture in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday. Finally, BNP Paribas Exane lowered their target price on shares of Accenture from $300.00 to $255.00 and set a “neutral” rating for the company in a report on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $300.22.

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.