Acco Brands (NYSE:ACCO – Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.240-0.280 for the period, compared to the consensus EPS estimate of 0.280. The company issued revenue guidance of $398.7 million-$410.6 million, compared to the consensus revenue estimate of $398.5 million. Acco Brands also updated its FY 2026 guidance to 0.840-0.890 EPS.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on ACCO. Zacks Research lowered Acco Brands from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 11th. Wall Street Zen lowered Acco Brands from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Barrington Research cut their price objective on Acco Brands from $6.00 to $5.00 and set an “outperform” rating for the company in a report on Thursday, March 12th. Finally, Weiss Ratings lowered Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 20th. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat.com, Acco Brands has a consensus rating of “Reduce” and an average price target of $5.00.
View Our Latest Report on ACCO
Acco Brands Trading Down 0.5%
Acco Brands (NYSE:ACCO – Get Free Report) last announced its 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. The company had revenue of $343.70 million for the quarter, compared to analyst estimates of $319.93 million. Acco Brands had a return on equity of 12.35% and a net margin of 2.71%.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. On average, analysts expect that Acco Brands will post 0.84 EPS for the current year.
Acco Brands Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Friday, May 22nd will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 9.3%. The ex-dividend date of this dividend is Friday, May 22nd. Acco Brands’s dividend payout ratio (DPR) is 68.18%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Acco Brands by 1.8% in the third quarter. Vanguard Group Inc. now owns 6,237,515 shares of the industrial products company’s stock worth $24,888,000 after acquiring an additional 107,480 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Acco Brands by 27.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,148,160 shares of the industrial products company’s stock worth $11,743,000 after acquiring an additional 682,260 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Acco Brands by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 2,171,280 shares of the industrial products company’s stock worth $8,101,000 after acquiring an additional 15,545 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Acco Brands by 17.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,654,306 shares of the industrial products company’s stock valued at $6,171,000 after buying an additional 240,878 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Acco Brands by 102.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,550,367 shares of the industrial products company’s stock worth $5,550,000 after acquiring an additional 784,826 shares in the last quarter. 84.56% of the stock is 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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