Acco Brands Corporation $ACCO Stock: Robeco Institutional Asset Management B.V. Lowers Position

Robeco Institutional Asset Management B.V. lowered its position in shares of Acco Brands Corporation (NYSE:ACCO) by 61.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 162,917 shares of the industrial products company’s stock after selling 255,828 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Acco Brands were worth $684,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Acco Brands in the 2nd quarter worth about $36,919,000. Allspring Global Investments Holdings LLC increased its position in shares of Acco Brands by 0.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,717,401 shares of the industrial products company’s stock valued at $22,612,000 after purchasing an additional 67,799 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Acco Brands by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,436,286 shares of the industrial products company’s stock valued at $13,308,000 after purchasing an additional 79,116 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of Acco Brands during the 2nd quarter valued at about $4,291,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Acco Brands during the 2nd quarter valued at about $4,079,000. Institutional investors own 84.56% of the company’s stock.

Acco Brands Price Performance

ACCO stock opened at $4.50 on Tuesday. The firm has a market cap of $414.92 million, a P/E ratio of 7.25, a P/E/G ratio of 0.86 and a beta of 1.20. The firm’s fifty day moving average is $4.35 and its 200 day moving average is $3.94. Acco Brands Corporation has a 52 week low of $2.81 and a 52 week high of $4.74. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.22 and a current ratio of 1.97.

Acco Brands (NYSE:ACCO) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. The business had revenue of $415.10 million during the quarter, compared to the consensus estimate of $402.53 million. Acco Brands had a net margin of 3.74% and a return on equity of 12.57%. Acco Brands has set its Q3 2026 guidance at 0.170-0.210 EPS and its FY 2026 guidance at 0.870-0.910 EPS. Research analysts predict that Acco Brands Corporation will post 0.88 earnings per share for the current year.

Acco Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.0750 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, November 20th. Acco Brands’s dividend payout ratio (DPR) is 48.39%.

Analyst Ratings Changes

A number of research firms recently weighed in on ACCO. Wall Street Zen downgraded Acco Brands from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Barrington Research set a $6.00 target price on Acco Brands in a research note on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Acco Brands from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $6.00.

Acco Brands Company Profile

ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.

The company’s brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.

ACCO Brands traces its history to the American Clip Company, founded in 1903.