Acco Brands (NYSE:ACCO) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Acco Brands Corporation (NYSE:ACCO)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.63 and traded as high as $3.80. Acco Brands shares last traded at $3.7650, with a volume of 717,379 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ACCO shares. 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 downgraded shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 20th. Zacks Research raised shares of 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 “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $5.00.

Acco Brands Stock Performance

The company has a market cap of $353.82 million, a PE ratio of 4.92, a P/E/G ratio of 0.74 and a beta of 1.15. The company has a current ratio of 1.77, a quick ratio of 0.98 and a debt-to-equity ratio of 1.25. The firm’s 50-day simple moving average is $3.32 and its two-hundred day simple moving average is $3.63.

Acco Brands (NYSE:ACCO) last released its earnings results on Thursday, April 30th. The industrial products company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.07. The company had revenue of $343.70 million for the quarter, compared to the consensus estimate 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. As a group, research analysts anticipate that Acco Brands Corporation will post 0.87 earnings per share for the current fiscal year.

Acco Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Friday, May 22nd. Acco Brands’s payout ratio is currently 38.46%.

Institutional Trading of Acco Brands

Several large investors have recently bought and sold shares of ACCO. Empowered Funds LLC lifted its stake in Acco Brands by 2.1% during the 1st quarter. Empowered Funds LLC now owns 523,254 shares of the industrial products company’s stock valued at $1,570,000 after acquiring an additional 10,696 shares during the period. Quantinno Capital Management LP acquired a new stake in Acco Brands during the 1st quarter valued at approximately $60,000. Sei Investments Co. lifted its stake in Acco Brands by 37.6% during the 1st quarter. Sei Investments Co. now owns 419,220 shares of the industrial products company’s stock valued at $1,258,000 after acquiring an additional 114,461 shares during the period. Cetera Investment Advisers lifted its stake in Acco Brands by 80.4% during the 1st quarter. Cetera Investment Advisers now owns 97,021 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 43,226 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in Acco Brands by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,436,286 shares of the industrial products company’s stock valued at $13,308,000 after acquiring an additional 79,116 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.