Key Points
- SVP Angela Jones sold 57,217 shares of Acco Brands stock at an average price of $4.02, totaling about $230,012. Her holdings fell by 75.49% to 18,580 shares after the transaction.
- Acco Brands recently beat earnings estimates, reporting Q1 EPS of $0.02 versus expectations of a loss, with revenue of $343.7 million above forecasts. The company also issued FY 2026 EPS guidance of $0.84 to $0.89.
- The company offers a high dividend yield, announcing a quarterly payout of $0.075 per share, or $0.30 annually, for a yield of 7.5%. Analysts currently have a consensus rating of Hold with a $5.00 price target.
Acco Brands Corporation (NYSE:ACCO - Get Free Report) SVP Angela Jones sold 57,217 shares of the firm's stock in a transaction that occurred 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 sale, the senior vice president owned 18,580 shares in the company, valued at approximately $74,691.60. The trade was a 75.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Acco Brands Price Performance
NYSE ACCO opened at $3.98 on Friday. Acco Brands Corporation has a 12 month low of $2.81 and a 12 month high of $4.30. The stock has a market cap of $366.82 million, a price-to-earnings ratio of 5.10, a PEG ratio of 0.78 and a beta of 1.15. The company's 50 day moving average is $3.39 and its two-hundred day moving average is $3.64. The company has a current ratio of 1.77, a quick ratio of 0.98 and a debt-to-equity ratio of 1.25.
Acco Brands (NYSE:ACCO - Get Free Report) last released its earnings results on Thursday, April 30th. The industrial products company reported $0.02 EPS for the quarter, topping 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 company had revenue of $343.70 million for 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. As a group, research analysts anticipate that Acco Brands Corporation will post 0.87 earnings per share for the current year.
Acco Brands Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.075 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.30 dividend on an annualized basis and a yield of 7.5%. Acco Brands's dividend payout ratio (DPR) is presently 38.46%.
Institutional Investors Weigh In On Acco Brands
Large investors have recently bought and sold shares of the business. CANADA LIFE ASSURANCE Co increased its position in Acco Brands by 51.9% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 9,618 shares of the industrial products company's stock worth $36,000 after purchasing an additional 3,288 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in Acco Brands in the first quarter worth $37,000. ExodusPoint Capital Management LP bought a new stake in Acco Brands in the fourth quarter worth $37,000. State of Alaska Department of Revenue bought a new stake in Acco Brands in the fourth quarter worth $39,000. Finally, Tower Research Capital LLC TRC increased its position in Acco Brands by 131.0% in the second quarter. Tower Research Capital LLC TRC now owns 11,348 shares of the industrial products company's stock worth $41,000 after purchasing an additional 6,436 shares during the last quarter. Institutional investors own 84.56% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the stock. Wall Street Zen upgraded shares of Acco Brands from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 23rd. Barrington Research reiterated an "outperform" rating and set a $5.00 price objective on shares of Acco Brands in a research report on Monday, May 4th. Zacks Research upgraded shares of Acco Brands from a "strong sell" rating to a "hold" rating in a research report on Monday, May 11th. Finally, Weiss Ratings cut shares of Acco Brands from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Friday, March 20th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Acco Brands currently has a consensus rating of "Hold" and a consensus price target of $5.00.
View Our Latest Analysis on Acco Brands
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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