Acco Brands (NYSE:ACCO) Shares Cross Above 200-Day Moving Average - Time to Sell?

Key Points

• Acco Brands shares rose above their 200-day moving average, reaching $4.29 and closing near $4.27, compared with the 200-day average of $3.83.
• Analysts maintain an average “Hold” rating with a $6.00 target price; recent actions included a downgrade to “Buy” and an upgrade from “Sell” to “Hold.”
• The company beat quarterly earnings and revenue estimates, while its $0.075 quarterly dividend implies a 7.0% annual yield. Institutional investors own approximately 84.56% of outstanding shares.

Acco Brands Corporation (NYSE:ACCO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.83 and traded as high as $4.29. Acco Brands shares last traded at $4.2650, with a volume of 505,636 shares.

Analysts Set New Price Targets

ACCO has been the topic of several research reports. Wall Street Zen downgraded Acco Brands from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. Weiss Ratings raised Acco Brands from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, July 10th. Finally, Barrington Research set a $6.00 price target on Acco Brands in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $6.00.

Acco Brands Stock Up 0.6%

The company has a current ratio of 1.97, a quick ratio of 1.22 and a debt-to-equity ratio of 1.30. The business's 50-day simple moving average is $4.21 and its 200-day simple moving average is $3.83. The company has a market capitalization of $393.70 million, a PE ratio of 6.88, a price-to-earnings-growth ratio of 0.80 and a beta of 1.21.

Acco Brands (NYSE:ACCO - Get Free Report) last released 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 business had revenue of $415.10 million for the quarter, compared to the consensus estimate 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, equities research analysts anticipate that Acco Brands Corporation will post 0.88 EPS for the current fiscal year.

Acco Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Friday, August 21st were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Friday, August 21st. Acco Brands's dividend payout ratio (DPR) is currently 48.39%.

Hedge Funds Weigh In On Acco Brands

Several institutional investors and hedge funds have recently modified their holdings of ACCO. Sequoia Financial Advisors LLC boosted its stake in shares of Acco Brands by 71.4% in the second quarter. Sequoia Financial Advisors LLC now owns 21,311 shares of the industrial products company's stock worth $89,000 after buying an additional 8,877 shares during the last quarter. WINTON GROUP Ltd purchased a new position in Acco Brands during the second quarter valued at approximately $331,000. NewEdge Advisors LLC raised its position in Acco Brands by 6.7% during the second quarter. NewEdge Advisors LLC now owns 37,606 shares of the industrial products company's stock valued at $156,000 after acquiring an additional 2,375 shares in the last quarter. Squarepoint Ops LLC acquired a new position in Acco Brands in the second quarter valued at approximately $1,177,000. Finally, AXQ Capital LP acquired a new position in Acco Brands in the second quarter valued at approximately $59,000. Institutional investors and hedge funds own 84.56% of the company's stock.

Acco Brands Company Profile

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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