Acco Brands (NYSE:ACCO) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Acco Brands Corporation (NYSE:ACCOGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.69 and traded as high as $4.07. Acco Brands shares last traded at $3.9150, with a volume of 578,554 shares trading hands.

Wall Street Analyst Weigh In

ACCO has been the topic of several research analyst reports. Zacks Research upgraded Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Weiss Ratings downgraded Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 20th. Barrington Research reiterated an “outperform” rating and set a $5.00 price target on shares of Acco Brands in a research note on Monday, May 4th. Finally, Wall Street Zen upgraded Acco Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $5.00.

Read Our Latest Stock Analysis on ACCO

Acco Brands Stock Down 3.1%

The company has a quick ratio of 0.98, a current ratio of 1.77 and a debt-to-equity ratio of 1.25. The stock has a market cap of $361.20 million, a PE ratio of 5.02, a P/E/G ratio of 0.77 and a beta of 1.22. The business has a 50 day moving average price of $3.61 and a 200 day moving average price of $3.69.

Acco Brands (NYSE:ACCOGet Free Report) last issued its earnings results on Thursday, April 30th. The industrial products company reported $0.02 EPS for the quarter, topping 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 for 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. Equities research analysts expect that Acco Brands Corporation will post 0.87 EPS for the current fiscal year.

Acco Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 22nd will be paid a $0.075 dividend. The ex-dividend date is Friday, May 22nd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 7.7%. Acco Brands’s dividend payout ratio is presently 38.46%.

Insider Activity at Acco Brands

In other news, SVP Angela Y. Jones sold 57,217 shares of the company’s stock in a transaction dated 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 5.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Acco Brands

A number of large investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its holdings in Acco Brands by 0.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,717,401 shares of the industrial products company’s stock worth $22,612,000 after purchasing an additional 67,799 shares during the period. Vanguard Group Inc. raised its holdings in Acco Brands by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,237,515 shares of the industrial products company’s stock worth $24,888,000 after purchasing an additional 107,480 shares during the period. Dimensional Fund Advisors LP raised its holdings in Acco Brands by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,436,286 shares of the industrial products company’s stock worth $13,308,000 after purchasing an additional 79,116 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Acco Brands by 27.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,148,160 shares of the industrial products company’s stock worth $11,743,000 after purchasing an additional 682,260 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Acco Brands by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 2,171,280 shares of the industrial products company’s stock worth $8,101,000 after purchasing an additional 15,545 shares during the period. Institutional investors and hedge funds own 84.56% of the company’s stock.

Acco Brands Company Profile

(Get Free Report)

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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