Acco Brands (NYSE:ACCO) SVP Sells $230,012.34 in Stock

Acco Brands Corporation (NYSE:ACCO) SVP Angela Jones sold 57,217 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $4.02, for a total value of $230,012.34. Following the sale, the senior vice president directly owned 18,580 shares of the company’s stock, valued at $74,691.60. The trade was a 75.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Acco Brands Stock Performance

Shares of Acco Brands stock opened at $3.98 on Monday. The business’s fifty day simple moving average is $3.39 and its 200 day simple moving average is $3.64. The company has a current ratio of 1.77, a quick ratio of 0.98 and a debt-to-equity ratio of 1.25. Acco Brands Corporation has a 12 month low of $2.81 and a 12 month high of $4.30. The firm has a market capitalization of $366.83 million, a P/E ratio of 5.10, a price-to-earnings-growth ratio of 0.76 and a beta of 1.22.

Acco Brands (NYSE:ACCO) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.07. Acco Brands had a return on equity of 12.58% and a net margin of 4.76%.The firm had revenue of $343.70 million during the quarter, compared to the consensus estimate of $319.93 million. 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, analysts anticipate that Acco Brands Corporation will post 0.87 EPS for the current year.

Acco Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 22nd will be given a dividend of $0.075 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.30 annualized dividend and a yield of 7.5%. Acco Brands’s dividend payout ratio is presently 38.46%.

Hedge Funds Weigh In On Acco Brands

A number of large investors have recently made changes to their positions in ACCO. CANADA LIFE ASSURANCE Co grew 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 buying an additional 3,288 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in Acco Brands during the first quarter worth about $37,000. ExodusPoint Capital Management LP purchased a new position in Acco Brands during the fourth quarter worth about $37,000. State of Alaska Department of Revenue purchased a new position in Acco Brands during the fourth quarter worth about $39,000. Finally, Tower Research Capital LLC TRC grew its position 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 buying an additional 6,436 shares in the last quarter. 84.56% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $5.00 price objective on shares of Acco Brands in a research report on Monday, May 4th. Weiss Ratings cut shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 20th. Zacks Research raised Acco Brands from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Finally, 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. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” 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.