Acco Brands (NYSE:ACCO) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Acco Brands Corporation (NYSE:ACCOGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.81 and traded as high as $4.21. Acco Brands shares last traded at $4.17, with a volume of 480,463 shares trading hands.

Analysts Set New Price Targets

Several research firms have weighed in on ACCO. Barrington Research set a $6.00 price target on Acco Brands in a research report on Wednesday, August 5th. Wall Street Zen downgraded Acco Brands from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings raised shares of Acco Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Finally, Zacks Research upgraded shares of Acco Brands from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $6.00.

View Our Latest Report on ACCO

Acco Brands Stock Performance

The company has a market capitalization of $396.93 million, a P/E ratio of 6.94, a PEG ratio of 0.79 and a beta of 1.21. The stock’s fifty day moving average price is $4.15 and its 200-day moving average price is $3.81. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.22 and a current ratio of 1.97.

Acco Brands (NYSE:ACCOGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The business had revenue of $415.10 million during the quarter, compared to analysts’ expectations of $402.53 million. Acco Brands had a return on equity of 12.57% and a net margin of 3.74%.Acco Brands has set its Q3 2026 guidance at 0.170-0.210 EPS and its FY 2026 guidance at 0.870-0.910 EPS. As a group, research analysts anticipate that Acco Brands Corporation will post 0.88 EPS for the current fiscal year.

Acco Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Friday, August 21st. Acco Brands’s payout ratio is currently 48.39%.

Institutional Investors Weigh In On Acco Brands

Large investors have recently added to or reduced their stakes in the business. CANADA LIFE ASSURANCE Co lifted its holdings in Acco Brands by 51.9% during the 4th 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. Sequoia Financial Advisors LLC bought a new position in shares of Acco Brands in the first quarter valued at about $37,000. Legal & General Group Plc bought a new position in shares of Acco Brands in the second quarter valued at about $37,000. ExodusPoint Capital Management LP bought a new stake in shares of Acco Brands during the 4th quarter worth about $37,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Acco Brands by 131.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,348 shares of the industrial products company’s stock worth $41,000 after buying an additional 6,436 shares during the period. Institutional investors own 84.56% of the company’s stock.

Acco Brands Company Profile

(Get Free Report)

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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