Acco Brands (NYSE:ACCO) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Acco Brands Corporation (NYSE:ACCO) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.75 and traded as high as $4.10. Acco Brands shares last traded at $4.0290, with a volume of 619,186 shares changing hands.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ACCO. Zacks Research raised Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Wall Street Zen raised Acco Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. Barrington Research reiterated an “outperform” rating and issued a $5.00 target price on shares of Acco Brands in a report on Monday, May 4th. Finally, Weiss Ratings upgraded Acco Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $5.00.

Acco Brands Stock Performance

The stock has a market capitalization of $371.72 million, a PE ratio of 5.17, a PEG ratio of 0.78 and a beta of 1.21. The business’s 50 day moving average is $3.96 and its 200 day moving average is $3.75. 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 (NYSE:ACCO) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. The company had revenue of $343.70 million for the quarter, compared to analyst estimates of $319.93 million. Acco Brands had a net margin of 4.76% and a return on equity of 12.58%. 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. On average, equities research analysts predict that Acco Brands Corporation will post 0.87 earnings per share for the current fiscal year.

Acco Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 7.4%. Acco Brands’s dividend payout ratio is currently 38.46%.

Insider Buying and Selling at Acco Brands

In related news, SVP Angela Y. Jones sold 57,217 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $4.02, for a total transaction of $230,012.34. Following the completion of the sale, the senior vice president directly owned 18,580 shares of the company’s stock, valued at approximately $74,691.60. This trade represents a 75.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On Acco Brands

Several hedge funds have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd bought a new position in Acco Brands in the first quarter worth approximately $127,000. Empowered Funds LLC raised its position in Acco Brands by 3.7% during the 1st quarter. Empowered Funds LLC now owns 460,514 shares of the industrial products company’s stock valued at $1,930,000 after purchasing an additional 16,343 shares in the last quarter. Creative Planning raised its position in Acco Brands by 53.3% during the 2nd quarter. Creative Planning now owns 54,421 shares of the industrial products company’s stock valued at $195,000 after purchasing an additional 18,924 shares in the last quarter. JPMorgan Chase & Co. raised its position in Acco Brands by 0.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 818,489 shares of the industrial products company’s stock valued at $2,930,000 after purchasing an additional 3,039 shares in the last quarter. Finally, Quantbot Technologies LP lifted its holdings in shares of Acco Brands by 8.3% in the 2nd quarter. Quantbot Technologies LP now owns 78,218 shares of the industrial products company’s stock worth $280,000 after buying an additional 6,018 shares during the period. Institutional investors own 84.56% of the company’s stock.

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.