Acco Brands Corporation (NYSE:ACCO – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.66 and traded as high as $3.92. Acco Brands shares last traded at $3.8260, with a volume of 583,568 shares trading hands.
Analysts Set New Price Targets
A number of analysts have recently weighed in on ACCO shares. Weiss Ratings lowered Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 20th. Zacks Research raised Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Barrington Research reaffirmed an “outperform” rating and issued a $5.00 price target on shares of Acco Brands in a research note on Monday, May 4th. Finally, Wall Street Zen raised Acco Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $5.00.
Check Out Our Latest Report on Acco Brands
Acco Brands Price Performance
Acco Brands (NYSE:ACCO – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.07. Acco Brands had a return on equity of 12.58% and a net margin of 4.76%.The business had revenue of $343.70 million during the quarter, compared to analyst estimates 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, equities analysts expect that Acco Brands Corporation will post 0.87 EPS for the current year.
Acco Brands Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.075 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.30 annualized dividend and a dividend yield of 7.8%. Acco Brands’s dividend payout ratio (DPR) is presently 38.46%.
Insider Buying and Selling at Acco Brands
In other news, SVP Angela Y. Jones sold 57,217 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $4.02, for a total transaction of $230,012.34. Following the completion of the transaction, the senior vice president directly owned 18,580 shares in the company, valued at $74,691.60. This trade represents a 75.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.30% of the stock is owned by insiders.
Hedge Funds Weigh In On Acco Brands
Several institutional investors and hedge funds have recently modified their holdings of ACCO. CANADA LIFE ASSURANCE Co increased its holdings in Acco Brands by 51.9% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 9,618 shares of the industrial products company’s stock worth $36,000 after buying an additional 3,288 shares in the last quarter. ExodusPoint Capital Management LP bought a new stake in Acco Brands in the 4th quarter worth about $37,000. Integrated Wealth Concepts LLC bought a new stake in Acco Brands in the 3rd quarter worth about $42,000. State of Alaska Department of Revenue bought a new stake in Acco Brands in the 4th quarter worth about $39,000. Finally, Tower Research Capital LLC TRC increased its holdings in Acco Brands by 131.0% in 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 in the last quarter. 84.56% of the stock is currently owned by institutional investors.
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.
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