Acco Brands Corporation (NYSE:ACCO – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.66 and traded as high as $3.92. Acco Brands shares last traded at $3.8260, with a volume of 583,568 shares.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 23rd. Weiss Ratings downgraded shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 20th. Barrington Research restated an “outperform” rating and issued a $5.00 price objective on shares of Acco Brands in a research note on Monday, May 4th. Finally, Zacks Research upgraded Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Acco Brands currently has an average rating of “Hold” and a consensus target price of $5.00.
View Our Latest Research Report on ACCO
Acco Brands Stock Performance
Acco Brands (NYSE:ACCO – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.02 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations 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. Equities analysts expect that Acco Brands Corporation will post 0.87 earnings per share for the current year.
Acco Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 22nd will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 7.8%. The ex-dividend date is Friday, May 22nd. Acco Brands’s dividend payout ratio is 38.46%.
Insider Buying and Selling at Acco Brands
In related news, SVP Angela Y. Jones sold 57,217 shares of the company’s 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 transaction, the senior vice president directly owned 18,580 shares in the company, valued at approximately $74,691.60. This represents a 75.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.30% of the company’s stock.
Institutional Trading of Acco Brands
Several hedge funds and other institutional investors have recently bought and sold shares of ACCO. Dynamic Technology Lab Private Ltd purchased a new stake in Acco Brands in the first quarter worth approximately $127,000. Empowered Funds LLC boosted its stake in Acco Brands by 3.7% in the first quarter. Empowered Funds LLC now owns 460,514 shares of the industrial products company’s stock worth $1,930,000 after buying an additional 16,343 shares in the last quarter. Creative Planning boosted its stake in Acco Brands by 53.3% in the second quarter. Creative Planning now owns 54,421 shares of the industrial products company’s stock worth $195,000 after buying an additional 18,924 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Acco Brands by 0.4% in the second quarter. JPMorgan Chase & Co. now owns 818,489 shares of the industrial products company’s stock worth $2,930,000 after buying an additional 3,039 shares in the last quarter. Finally, Quantbot Technologies LP boosted its stake in shares of Acco Brands by 8.3% during the second quarter. Quantbot Technologies LP now owns 78,218 shares of the industrial products company’s stock valued at $280,000 after purchasing an additional 6,018 shares during the period. Hedge funds and other 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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