Acco Brands (NYSE:ACCO) Downgraded to Buy Rating by Wall Street Zen

Wall Street Zen downgraded shares of Acco Brands (NYSE:ACCO) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday.

A number of other research analysts have also recently commented on the stock. Weiss Ratings upgraded shares of Acco Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. Zacks Research upgraded shares of Acco Brands from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $5.00 target price on shares of Acco Brands in a report on Monday, May 4th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Acco Brands has a consensus rating of “Hold” and a consensus target price of $5.00.

Acco Brands Trading Down 0.3%

Shares of ACCO stock opened at $4.22 on Friday. The business has a 50-day moving average price of $4.01 and a two-hundred day moving average price of $3.77. Acco Brands has a 12-month low of $2.81 and a 12-month high of $4.39. The company has a quick ratio of 0.98, a current ratio of 1.77 and a debt-to-equity ratio of 1.25. The firm has a market cap of $388.97 million, a P/E ratio of 6.80, a price-to-earnings-growth ratio of 0.81 and a beta of 1.21.

Acco Brands (NYSE:ACCO) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.27 by $0.02. The firm had revenue of $415.10 million for the quarter, compared to analyst estimates of $402.53 million. Acco Brands had a return on equity of 12.70% and a net margin of 3.74%.Acco Brands has set its Q3 2026 guidance at 0.170-0.210 EPS and its FY 2026 guidance at 0.870-0.910 EPS. Equities analysts anticipate that Acco Brands will post 0.88 EPS for the current fiscal year.

Acco Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Friday, August 21st will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.30 annualized dividend and a yield of 7.1%. Acco Brands’s dividend payout ratio is presently 38.46%.

Insider Activity at Acco Brands

In other news, SVP Angela Y. Jones sold 57,217 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On Acco Brands

Institutional investors have recently bought and sold shares of the stock. 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. ExodusPoint Capital Management LP bought a new stake in shares of Acco Brands during the fourth quarter valued at approximately $37,000. Integrated Wealth Concepts LLC bought a new stake in shares of Acco Brands during the third quarter valued at approximately $42,000. State of Alaska Department of Revenue purchased a new stake in Acco Brands in the fourth quarter worth $39,000. Finally, Tower Research Capital LLC TRC raised its holdings 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 in the last quarter. 84.56% of the stock is owned by institutional investors.

Acco Brands News Roundup

Here are the key news stories impacting Acco Brands this week:

• Positive Sentiment: ACCO Brands earned $0.29 per share in the second quarter, exceeding the $0.27 analyst consensus and rising from $0.28 a year earlier. Revenue also surpassed expectations at $415.1 million versus the $402.5 million estimate. Acco Brands Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Full-year 2026 EPS guidance of $0.87 to $0.91 brackets or exceeds the current consensus estimate of $0.87, while revenue guidance of approximately $1.6 billion is in line with expectations. ACCO Brands Reports Second Quarter Results
• Neutral Sentiment: The company posted a 4.76% net margin and 12.58% return on equity. Its valuation remains relatively low, with a reported P/E ratio of approximately 5.4, although debt remains a consideration with debt-to-equity of 1.25.
• Negative Sentiment: Third-quarter EPS guidance of $0.17 to $0.21 has a midpoint of $0.19, below the $0.21 consensus estimate. Revenue guidance of $379.9 million to $391.4 million is broadly near expectations, but the softer profit outlook likely explains the stock’s weakness following the results. ACCO Brands Earnings Report and Conference Call

About Acco Brands

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.