Angela Jones Sells 57,217 Shares of Acco Brands (NYSE:ACCO) Stock

Acco Brands Corporation (NYSE:ACCO) SVP Angela Jones sold 57,217 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were 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 in the company, valued at $74,691.60. This represents a 75.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Acco Brands Stock Performance

Shares of Acco Brands stock traded down $0.04 during trading hours on Friday, reaching $4.02. The company’s stock had a trading volume of 141,016 shares, compared to its average volume of 963,103. The company’s 50 day simple moving average is $3.37 and its 200 day simple moving average is $3.64. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.98 and a current ratio of 1.77. Acco Brands Corporation has a one year low of $2.81 and a one year high of $4.30. The stock has a market cap of $370.42 million, a P/E ratio of 5.15, a price-to-earnings-growth ratio of 0.78 and a beta of 1.15.

Acco Brands (NYSE:ACCO) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. Acco Brands had a net margin of 4.76% and a return on equity of 12.58%. The company 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. As a group, 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. Investors of record on Friday, May 22nd will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Friday, May 22nd. Acco Brands’s dividend payout ratio is currently 38.46%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Acco Brands from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Wall Street Zen upgraded shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Weiss Ratings lowered shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 20th. Finally, Barrington Research restated an “outperform” rating and set a $5.00 price objective on shares of Acco Brands in a research report on Monday, May 4th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $5.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Assenagon Asset Management S.A. acquired a new stake in shares of Acco Brands during the fourth quarter worth approximately $1,772,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of Acco Brands by 2.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 7,649,602 shares of the industrial products company’s stock worth $28,227,000 after purchasing an additional 186,110 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Acco Brands by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 842,307 shares of the industrial products company’s stock worth $3,361,000 after purchasing an additional 23,818 shares during the period. CSM Advisors LLC boosted its holdings in shares of Acco Brands by 13.8% during the third quarter. CSM Advisors LLC now owns 838,231 shares of the industrial products company’s stock worth $3,345,000 after purchasing an additional 101,350 shares during the period. Finally, Compound Planning Inc. acquired a new stake in shares of Acco Brands during the third quarter worth approximately $105,000. 84.56% of the stock is currently owned by institutional investors and hedge funds.

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.