Acco Brands Corporation (NYSE:ACCO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.74 and traded as high as $3.99. Acco Brands shares last traded at $3.8950, with a volume of 925,850 shares trading hands.
Analysts Set New Price Targets
A number of research firms recently issued reports on ACCO. Zacks Research raised Acco Brands from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Acco Brands in a research report on Wednesday, June 17th. Wall Street Zen upgraded Acco Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. Finally, Barrington Research reaffirmed an “outperform” rating and set a $5.00 price target on shares of Acco Brands in a research note on Monday, May 4th. One 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $5.00.
View Our Latest Report on ACCO
Acco Brands Trading Up 1.7%
Acco Brands (NYSE:ACCO – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.07. The firm had revenue of $343.70 million during the quarter, compared to analysts’ expectations of $319.93 million. Acco Brands had a return on equity of 12.58% and a net margin of 4.76%.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, equities analysts expect that Acco Brands Corporation will post 0.87 earnings per share for the current fiscal year.
Acco Brands Announces Dividend
The company also recently declared 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. This represents a $0.30 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend was Friday, May 22nd. Acco Brands’s payout ratio is 38.46%.
Insider Activity
In related news, SVP Angela Y. Jones sold 57,217 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $4.02, for a total value of $230,012.34. Following the sale, the senior vice president directly owned 18,580 shares in the company, valued at $74,691.60. The trade was a 75.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.30% of the stock is owned by company insiders.
Hedge Funds Weigh In On Acco Brands
Several hedge funds have recently added to or reduced their stakes in ACCO. Xponance LLC raised its position in Acco Brands by 11.8% during the fourth quarter. Xponance LLC now owns 25,335 shares of the industrial products company’s stock worth $94,000 after acquiring an additional 2,684 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Acco Brands by 0.4% in the second 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 during the last quarter. CANADA LIFE ASSURANCE Co grew its position in shares of Acco Brands by 51.9% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 9,618 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 3,288 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Acco Brands by 5.6% during the 4th quarter. Franklin Resources Inc. now owns 69,297 shares of the industrial products company’s stock worth $258,000 after purchasing an additional 3,655 shares in the last quarter. Finally, North Star Investment Management Corp. increased its stake in shares of Acco Brands by 1.2% during the 4th quarter. North Star Investment Management Corp. now owns 418,525 shares of the industrial products company’s stock worth $1,561,000 after purchasing an additional 5,000 shares in the last quarter. 84.56% of the stock is currently owned by hedge funds and other institutional investors.
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.
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