Acco Brands (NYSE:ACCO) Shares Break Above 200-Day Moving Average – Here’s Why

Acco Brands Corporation (NYSE:ACCO) shares passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $3.85 and traded as high as $4.33. Acco Brands shares last traded at $4.3150, with a volume of 531,033 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ACCO shares. Weiss Ratings raised Acco Brands from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, September 24th. Barrington Research set a $6.00 price target on Acco Brands in a report on Wednesday, August 5th. Finally, Wall Street Zen lowered shares of Acco Brands from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.00.

Acco Brands Price Performance

The company has a debt-to-equity ratio of 1.30, a current ratio of 1.97 and a quick ratio of 1.22. The firm has a market cap of $390.93 million, a price-to-earnings ratio of 6.83, a PEG ratio of 0.81 and a beta of 1.21. The stock has a 50-day moving average price of $4.27 and a 200 day moving average price of $3.85.

Acco Brands (NYSE:ACCO) last announced its earnings results on Thursday, July 30th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The firm had revenue of $415.10 million during the quarter, compared to analysts’ expectations of $402.53 million. Acco Brands had a return on equity of 12.57% 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. As a group, equities research analysts forecast that Acco Brands Corporation will post 0.88 earnings per share for the current fiscal year.

Acco Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Friday, August 21st were given a dividend of $0.0750 per share. The ex-dividend date was Friday, August 21st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 7.1%. Acco Brands’s dividend payout ratio (DPR) is 48.39%.

Institutional Trading of Acco Brands

A number of large investors have recently bought and sold shares of ACCO. Bank of America Corp DE acquired a new stake in shares of Acco Brands during the second quarter worth $4,291,000. BlackRock Inc. acquired a new position in Acco Brands during the second quarter worth about $36,919,000. Bank of New York Mellon Corp acquired a new stake in shares of Acco Brands in the 2nd quarter worth approximately $4,079,000. Empowered Funds LLC purchased a new position in Acco Brands during the 2nd quarter valued at about $2,290,000. Finally, Squarepoint Ops LLC purchased a new position in shares of Acco Brands during the 2nd quarter worth approximately $1,177,000. Institutional investors and hedge funds own 84.56% of the company’s stock.

About Acco Brands

ACCO Brands Corporation designs, manufactures and markets consumer and business products used for organization, productivity, school, work and creative activities. Its portfolio includes office products, school supplies, computer and mobile accessories, and presentation and binding solutions.

The company’s brands include Swingline, Kensington, Mead, Five Star, AT-A-GLANCE, Day-Timer, Quartet, GBC and Esselte. Products include staplers, shredders, planners, notebooks, calendars, backpacks, presentation materials, whiteboards, binding equipment and accessories for computers and mobile devices.

ACCO Brands serves customers through retail, e-commerce, commercial and government channels in North America, Europe, Australia, New Zealand and other international markets.