Acco Brands (NYSE:ACCO) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Acco Brands Corporation (NYSE:ACCOGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.70 and traded as high as $3.90. Acco Brands shares last traded at $3.89, with a volume of 642,116 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ACCO shares. Zacks Research upgraded shares of Acco Brands from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. Barrington Research reiterated an “outperform” rating and issued a $5.00 price target on shares of Acco Brands in a research note on Monday, May 4th. 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. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Acco Brands in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $5.00.

Get Our Latest Stock Report on ACCO

Acco Brands Stock Up 0.5%

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 firm’s 50 day moving average price is $3.75 and its two-hundred day moving average price is $3.71. The company has a market capitalization of $368.86 million, a price-to-earnings ratio of 5.13, a price-to-earnings-growth ratio of 0.75 and a beta of 1.22.

Acco Brands (NYSE:ACCOGet Free Report) last released its quarterly earnings data 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. The company 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. Sell-side analysts anticipate that Acco Brands Corporation will post 0.87 earnings per share for the current fiscal year.

Acco Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Friday, May 22nd were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend was Friday, May 22nd. Acco Brands’s payout ratio is 38.46%.

Insider Activity at Acco Brands

In other Acco Brands news, SVP Angela Y. Jones sold 57,217 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $4.02, for a total value of $230,012.34. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 5.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Acco Brands

Several hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC grew its stake in Acco Brands by 21.9% in the 1st quarter. NewEdge Advisors LLC now owns 35,231 shares of the industrial products company’s stock valued at $106,000 after buying an additional 6,340 shares during the last quarter. Empowered Funds LLC lifted its position in Acco Brands by 2.1% during the first quarter. Empowered Funds LLC now owns 523,254 shares of the industrial products company’s stock worth $1,570,000 after acquiring an additional 10,696 shares during the last quarter. Quantinno Capital Management LP bought a new stake in shares of Acco Brands during the first quarter worth approximately $60,000. Sei Investments Co. boosted its holdings in shares of Acco Brands by 37.6% during the first quarter. Sei Investments Co. now owns 419,220 shares of the industrial products company’s stock worth $1,258,000 after acquiring an additional 114,461 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Acco Brands by 80.4% during the first quarter. Cetera Investment Advisers now owns 97,021 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 43,226 shares during the period. Institutional investors own 84.56% of the company’s stock.

About Acco Brands

(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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