Acco Brands (NYSE:ACCO – Get Free Report) issued its earnings results on Thursday. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.07, FiscalAI reports. The business had revenue of $343.70 million for the quarter, compared to analyst estimates of $319.93 million. Acco Brands had a net margin of 2.71% and a return on equity of 12.35%. Acco Brands updated its FY 2026 guidance to 0.840-0.890 EPS and its Q2 2026 guidance to 0.240-0.280 EPS.
Acco Brands Stock Performance
ACCO stock traded down $0.02 during mid-day trading on Thursday, hitting $3.23. The company had a trading volume of 1,056,939 shares, compared to its average volume of 904,742. The firm has a market cap of $297.54 million, a PE ratio of 7.33, a price-to-earnings-growth ratio of 0.39 and a beta of 1.16. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.99 and a current ratio of 1.61. Acco Brands has a 12 month low of $2.81 and a 12 month high of $4.30. The stock’s fifty day moving average price is $3.34 and its two-hundred day moving average price is $3.63.
Acco Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 22nd will be given a $0.075 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.30 annualized dividend and a yield of 9.3%. Acco Brands’s payout ratio is currently 68.18%.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on Acco Brands
Institutional Trading of Acco Brands
Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of Acco Brands by 1.8% in the third quarter. Vanguard Group Inc. now owns 6,237,515 shares of the industrial products company’s stock valued at $24,888,000 after buying an additional 107,480 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Acco Brands by 27.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,148,160 shares of the industrial products company’s stock valued at $11,743,000 after buying an additional 682,260 shares during the period. Geode Capital Management LLC raised its stake in shares of Acco Brands by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 2,171,280 shares of the industrial products company’s stock valued at $8,101,000 after buying an additional 15,545 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Acco Brands by 17.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,654,306 shares of the industrial products company’s stock valued at $6,171,000 after buying an additional 240,878 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Acco Brands by 102.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,550,367 shares of the industrial products company’s stock valued at $5,550,000 after purchasing an additional 784,826 shares during the period. Institutional investors own 84.56% of the company’s stock.
About Acco Brands
Acco Brands Corporation is a global provider of branded office and school supplies, serving consumers, educational institutions and commercial customers. Headquartered in Lake Zurich, Illinois, the company designs, manufactures and distributes a wide range of products that enhance productivity and organization in work and learning environments.
The company’s portfolio includes staplers, hole punches, binding and laminating systems, writing tools, binders, folders and desktop accessories under well-known names such as ACCO, Swingline, GBC, Kensington, Mead and Five Star.
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