Acco Brands (NYSE:ACCO) Sees Unusually-High Trading Volume on Analyst Upgrade

Shares of Acco Brands Corporation (NYSE:ACCO – Get Free Report) saw an uptick in trading volume on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. 1,129,449 shares changed hands during trading, an increase of 29% from the average daily volume of 873,513 shares. The stock last traded at $5.8250 and had previously closed at $5.50.

Other equities research analysts also recently issued research reports about the stock. Wall Street Zen upgraded shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings raised shares of Acco Brands from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Finally, Barrington Research set a $6.00 price target on shares of Acco Brands in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $6.00.

View Our Latest Analysis on ACCO

Acco Brands News Summary

Here are the key news stories impacting Acco Brands this week:

  • Positive Sentiment: Zacks Research upgraded ACCO from “hold” to “strong-buy,” a more bullish rating that could support investor sentiment. Read the report
  • Positive Sentiment: Sidoti’s FY2026 EPS forecast of $0.98 is slightly above the cited $0.97 consensus. Noble Financial also raised its FY2026 estimate to $0.97 from $0.90, in line with consensus. Analyst estimate information
  • Neutral Sentiment: ACCO posted its Q3 2026 results presentation, but the supplied entry does not include details on results or guidance that would clarify the presentation’s likely market impact. Q3 2026 results presentation
  • Negative Sentiment: Sidoti forecasts FY2027 EPS of $0.94, below its FY2026 estimate of $0.98, suggesting a modest expected earnings decline. Noble Financial separately cut its Q4 2026 EPS estimate to $0.38 from $0.40. Analyst estimate information

Hedge Funds Weigh In On Acco Brands

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC acquired a new position in shares of Acco Brands during the first quarter worth about $37,000. Legal & General Group Plc bought a new position in shares of Acco Brands during the second quarter worth about $37,000. Burns Matteson Capital Management LLC acquired a new stake in Acco Brands in the 3rd quarter valued at approximately $52,000. Brighton Jones LLC raised its position in Acco Brands by 19.4% in the 3rd quarter. Brighton Jones LLC now owns 13,183 shares of the industrial products company’s stock valued at $55,000 after buying an additional 2,145 shares during the last quarter. Finally, AXQ Capital LP bought a new stake in Acco Brands in the 2nd quarter valued at approximately $59,000. 84.56% of the stock is owned by institutional investors and hedge funds.

Acco Brands Price Performance

The stock has a market cap of $500.02 million, a P/E ratio of 7.73, a PEG ratio of 0.94 and a beta of 1.20. The company has a 50 day simple moving average of $4.43 and a 200 day simple moving average of $3.97. The company has a current ratio of 1.89, a quick ratio of 1.22 and a debt-to-equity ratio of 1.21.

Acco Brands (NYSE:ACCO – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The industrial products company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.09. Acco Brands had a net margin of 4.23% and a return on equity of 13.48%. The company had revenue of $380.30 million during the quarter, compared to analysts’ expectations of $383.70 million. Sell-side analysts forecast that Acco Brands Corporation will post 0.97 earnings per share for the current fiscal year.

Acco Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.0750 per share. The ex-dividend date is Friday, November 20th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.5%. Acco Brands’s dividend payout ratio is currently 42.86%.

About Acco Brands

(Get Free Report)

ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.

The company’s brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.

ACCO Brands traces its history to the American Clip Company, founded in 1903.

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