Acco Brands Corporation (NYSE:ACCO – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.74 and traded as high as $3.99. Acco Brands shares last traded at $3.8950, with a volume of 925,850 shares trading hands.
Analyst Upgrades and Downgrades
ACCO has been the subject of a number of recent research reports. Barrington Research reaffirmed an “outperform” rating and set a $5.00 price target on shares of Acco Brands in a research report on Monday, May 4th. Wall Street Zen raised shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Acco Brands in a research report on Wednesday, June 17th. Finally, Zacks Research upgraded shares of Acco Brands from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Acco Brands currently has a consensus rating of “Hold” and a consensus price target of $5.00.
Read Our Latest Report on Acco Brands
Acco Brands Price Performance
Acco Brands (NYSE:ACCO – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.07. The company had revenue of $343.70 million during the quarter, compared to the consensus estimate of $319.93 million. Acco Brands had a net margin of 4.76% and a return on equity of 12.58%. Acco Brands has set its FY 2026 guidance at 0.840-0.890 EPS and its Q2 2026 guidance at 0.240-0.280 EPS. As a group, sell-side analysts expect that Acco Brands Corporation will post 0.87 EPS for the current fiscal year.
Acco Brands Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 22nd were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend was Friday, May 22nd. Acco Brands’s payout ratio is 38.46%.
Insider Transactions at Acco Brands
In other Acco Brands news, SVP Angela Y. Jones sold 57,217 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $4.02, for a total value of $230,012.34. Following the sale, the senior vice president owned 18,580 shares in the company, valued at $74,691.60. This represents a 75.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.30% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Acco Brands
A number of large investors have recently added to or reduced their stakes in the business. CANADA LIFE ASSURANCE Co boosted its position in Acco Brands by 51.9% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 9,618 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 3,288 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in shares of Acco Brands during the 1st quarter worth about $37,000. ExodusPoint Capital Management LP acquired a new stake in shares of Acco Brands during the 4th quarter worth about $37,000. State of Alaska Department of Revenue bought a new stake in shares of Acco Brands during the 4th quarter worth about $39,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Acco Brands by 131.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,348 shares of the industrial products company’s stock worth $41,000 after buying an additional 6,436 shares during the period. Institutional investors own 84.56% of the company’s stock.
Acco Brands Company Profile
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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