Acco Brands (NYSE:ACCO) Stock Rating Upgraded by Zacks Research

Acco Brands (NYSE:ACCOGet Free Report) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research firms also recently commented on ACCO. Wall Street Zen upgraded Acco Brands from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings downgraded Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 20th. Finally, Barrington Research restated an “outperform” rating and issued a $5.00 price objective on shares of Acco Brands in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.00.

Read Our Latest Report on ACCO

Acco Brands Stock Up 0.1%

ACCO opened at $3.93 on Monday. The business’s fifty day moving average is $3.33 and its two-hundred day moving average is $3.64. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.98 and a current ratio of 1.77. The company has a market cap of $362.12 million, a price-to-earnings ratio of 5.03, a PEG ratio of 0.75 and a beta of 1.15. Acco Brands has a one year low of $2.81 and a one year high of $4.30.

Acco Brands (NYSE:ACCOGet Free Report) last posted 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. The company had revenue of $343.70 million for the quarter, compared to the consensus estimate 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. Analysts anticipate that Acco Brands will post 0.87 EPS for the current fiscal year.

Institutional Trading of Acco Brands

Several institutional investors and hedge funds have recently made changes to their positions in ACCO. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Acco Brands in the first quarter valued at $127,000. Empowered Funds LLC increased its stake in Acco Brands by 3.7% in the first quarter. Empowered Funds LLC now owns 460,514 shares of the industrial products company’s stock valued at $1,930,000 after purchasing an additional 16,343 shares during the last quarter. Creative Planning increased its stake in Acco Brands by 53.3% in the second quarter. Creative Planning now owns 54,421 shares of the industrial products company’s stock valued at $195,000 after purchasing an additional 18,924 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Acco Brands by 0.4% in the second quarter. JPMorgan Chase & Co. now owns 818,489 shares of the industrial products company’s stock valued at $2,930,000 after purchasing an additional 3,039 shares during the last quarter. Finally, Quantbot Technologies LP increased its stake in Acco Brands by 8.3% in the second quarter. Quantbot Technologies LP now owns 78,218 shares of the industrial products company’s stock valued at $280,000 after purchasing an additional 6,018 shares during the last quarter. 84.56% of the stock is currently owned by hedge funds and other institutional investors.

Acco Brands Company Profile

(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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