282,892 Shares in Acco Brands Corporation $ACCO Acquired by Squarepoint Ops LLC

Key Points

• Squarepoint Ops LLC acquired 282,892 Acco Brands shares valued at approximately $1.18 million, giving it a 0.31% stake. Institutional investors collectively own 84.56% of the company.
• Acco Brands reported quarterly EPS of $0.29, exceeding estimates of $0.27, while revenue reached $415.1 million versus the $402.5 million consensus. Analysts maintain a consensus “Hold” rating with a $6.00 target price.
• The company pays a quarterly dividend of $0.075 per share, or $0.30 annually, representing a 7.1% yield and a 48.39% payout ratio.

Squarepoint Ops LLC acquired a new stake in shares of Acco Brands Corporation (NYSE:ACCO - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 282,892 shares of the industrial products company's stock, valued at approximately $1,177,000. Squarepoint Ops LLC owned 0.31% of Acco Brands as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of ACCO. Aristeia Capital L.L.C. boosted its position in shares of Acco Brands by 3.4% during the fourth quarter. Aristeia Capital L.L.C. now owns 176,209 shares of the industrial products company's stock worth $657,000 after purchasing an additional 5,846 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Acco Brands by 21.9% in the 1st quarter. NewEdge Advisors LLC now owns 35,231 shares of the industrial products company's stock valued at $106,000 after buying an additional 6,340 shares in the last quarter. Legal & General Group Plc acquired a new stake in Acco Brands during the 2nd quarter worth $37,000. Empowered Funds LLC raised its stake in Acco Brands by 2.1% during the 1st quarter. Empowered Funds LLC now owns 523,254 shares of the industrial products company's stock worth $1,570,000 after buying an additional 10,696 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new position in Acco Brands during the first quarter worth about $37,000. Institutional investors own 84.56% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on ACCO. Wall Street Zen cut Acco Brands from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings upgraded Acco Brands from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, July 10th. Finally, Barrington Research set a $6.00 price objective on Acco Brands in a research report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $6.00.

Acco Brands Trading Down 0.1%

Shares of NYSE:ACCO opened at $4.25 on Thursday. The firm has a market cap of $391.86 million, a price-to-earnings ratio of 6.85, a PEG ratio of 0.80 and a beta of 1.21. Acco Brands Corporation has a 12 month low of $2.81 and a 12 month high of $4.56. The company's fifty day simple moving average is $4.22 and its 200 day simple moving average is $3.83. The company has a quick ratio of 1.22, a current ratio of 1.97 and a debt-to-equity ratio of 1.30.

Acco Brands (NYSE:ACCO - Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. The firm had revenue of $415.10 million during the quarter, compared to analyst estimates of $402.53 million. Acco Brands had a net margin of 3.74% and a return on equity of 12.57%. 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, research analysts forecast that Acco Brands Corporation will post 0.88 EPS for the current fiscal year.

Acco Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Friday, August 21st were issued a dividend of $0.075 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 presently 48.39%.

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.

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