Acco Brands (NYSE:ACCO) SVP Sells $230,012.34 in Stock

Acco Brands Corporation (NYSE:ACCO) SVP Angela Jones sold 57,217 shares of Acco Brands stock in a transaction that occurred 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 owned 18,580 shares of the company’s stock, valued at $74,691.60. This trade represents a 75.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Acco Brands Stock Down 0.9%

NYSE ACCO traded down $0.04 during trading 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 has a current ratio of 1.77, a quick ratio of 0.98 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $370.42 million, a PE ratio of 5.15, a PEG ratio of 0.78 and a beta of 1.15. The business has a 50-day moving average price of $3.37 and a 200-day moving average price of $3.64. Acco Brands Corporation has a 1-year low of $2.81 and a 1-year high of $4.30.

Acco Brands (NYSE:ACCO) last posted its earnings results on Thursday, April 30th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $343.70 million during the quarter, compared to analysts’ expectations 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. On average, research analysts forecast that Acco Brands Corporation will post 0.87 earnings per share for the current fiscal year.

Acco Brands Dividend Announcement

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 dividend of $0.075 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.30 dividend on an annualized basis and a yield of 7.5%. Acco Brands’s payout ratio is 38.46%.

Institutional Investors Weigh In On Acco Brands

Institutional investors and hedge funds have recently bought and sold shares of the business. 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 valued at $36,000 after buying an additional 3,288 shares during the period. ExodusPoint Capital Management LP bought a new stake in Acco Brands during the 4th quarter worth about $37,000. Integrated Wealth Concepts LLC bought a new stake in Acco Brands during the 3rd quarter worth about $42,000. State of Alaska Department of Revenue bought a new stake in Acco Brands during the 4th quarter worth about $39,000. Finally, Tower Research Capital LLC TRC lifted its position in 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 valued at $41,000 after purchasing an additional 6,436 shares during the period. Institutional investors own 84.56% of the company’s stock.

Analyst Upgrades and Downgrades

ACCO has been the topic of a number of research reports. Wall Street Zen raised shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Zacks Research raised shares of Acco Brands from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. 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 reaffirmed an “outperform” rating and set a $5.00 target price on shares of Acco Brands in a research report on Monday, May 4th. One equities research 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 company has a consensus rating of “Hold” and a consensus price target of $5.00.

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.