Angela Jones Sells 57,217 Shares of Acco Brands (NYSE:ACCO) Stock

Acco Brands Corporation (NYSE:ACCO) SVP Angela Jones sold 57,217 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $74,691.60. This represents a 75.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Acco Brands Stock Performance

Acco Brands stock opened at $3.98 on Friday. 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 has a 50-day moving average of $3.39 and a 200-day moving average of $3.64. The firm has a market cap of $366.83 million, a P/E ratio of 5.10, a P/E/G ratio of 0.76 and a beta of 1.15. 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 for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. The company had revenue of $343.70 million during the quarter, compared to analyst estimates of $319.93 million. Acco Brands had a net margin of 4.76% and a return on equity of 12.58%. 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 expect that Acco Brands Corporation will post 0.87 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 issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Friday, May 22nd. Acco Brands’s dividend payout ratio is currently 38.46%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ACCO. CANADA LIFE ASSURANCE Co grew its holdings in shares of Acco Brands by 51.9% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 9,618 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 3,288 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Acco Brands during the 1st quarter worth approximately $37,000. ExodusPoint Capital Management LP purchased a new position in shares of Acco Brands during the 4th quarter worth approximately $37,000. State of Alaska Department of Revenue purchased a new position in shares of Acco Brands during the 4th quarter worth approximately $39,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of 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 worth $41,000 after acquiring an additional 6,436 shares during the period. Hedge funds and other institutional investors own 84.56% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on ACCO. Wall Street Zen upgraded shares of Acco Brands from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 23rd. 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 reissued an “outperform” rating and issued a $5.00 price target on shares of Acco Brands in a research note on Monday, May 4th. Finally, Weiss Ratings downgraded shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price 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.