Assenagon Asset Management S.A. Makes New Investment in Acco Brands Corporation $ACCO

Assenagon Asset Management S.A. bought a new position in shares of Acco Brands Corporation (NYSE:ACCO) in the fourth quarter, HoldingsChannel reports. The firm bought 475,150 shares of the industrial products company’s stock, valued at approximately $1,772,000.

Other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Acco Brands in the 3rd quarter valued at approximately $42,000. Tower Research Capital LLC TRC grew its holdings in Acco Brands by 131.0% during the second quarter. Tower Research Capital LLC TRC now owns 11,348 shares of the industrial products company’s stock worth $41,000 after acquiring an additional 6,436 shares during the period. Focus Partners Wealth purchased a new position in Acco Brands in the third quarter worth $75,000. Brighton Jones LLC purchased a new position in Acco Brands in the third quarter worth $74,000. Finally, Mutual Advisors LLC acquired a new stake in Acco Brands in the third quarter valued at $82,000. 84.56% of the stock is owned by institutional investors and hedge funds.

Acco Brands Stock Performance

ACCO opened at $2.91 on Tuesday. Acco Brands Corporation has a 1-year low of $2.84 and a 1-year high of $4.42. The stock has a market cap of $261.94 million, a P/E ratio of 6.60, a P/E/G ratio of 0.34 and a beta of 1.08. The stock’s 50 day simple moving average is $3.76 and its 200 day simple moving average is $3.78. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.61 and a quick ratio of 0.99.

Acco Brands (NYSE:ACCO) last issued its quarterly earnings data on Monday, March 9th. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.38. The firm had revenue of $428.80 million during the quarter, compared to analysts’ expectations of $431.94 million. Acco Brands had a return on equity of 12.35% and a net margin of 2.71%.Acco Brands has set its Q1 2026 guidance at -0.060–0.030 EPS and its FY 2026 guidance at 0.840-0.890 EPS. As a group, equities analysts anticipate that Acco Brands Corporation will post 1.02 EPS for the current fiscal year.

Acco Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 20th were given a $0.075 dividend. The ex-dividend date was Friday, March 20th. This represents a $0.30 annualized dividend and a dividend yield of 10.3%. Acco Brands’s payout ratio is currently 68.18%.

Wall Street Analyst Weigh In

ACCO has been the topic of several research analyst reports. Barrington Research decreased their target price on shares of Acco Brands from $6.00 to $5.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Weiss Ratings downgraded shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 20th. Zacks Research cut shares of Acco Brands from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 11th. Finally, Wall Street Zen downgraded shares of Acco Brands from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $5.00.

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.