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 $4.64 and last trading near $4.60 versus the $4.00 average.
• Analyst sentiment remains cautious, with an overall “Hold” rating and a $6.00 consensus price target; one analyst rates the stock Buy and two rate it Hold.
• The company beat quarterly earnings and revenue estimates, while maintaining a 6.5% dividend yield based on its annualized $0.30 payout.

Acco Brands Corporation (NYSE:ACCO - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $4.00 and traded as high as $4.64. Acco Brands shares last traded at $4.5960, with a volume of 653,916 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ACCO. Barrington Research set a $6.00 price target on shares of Acco Brands in a research report on Wednesday, August 5th. Weiss Ratings upgraded shares of Acco Brands from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, September 24th. Finally, Wall Street Zen downgraded shares of Acco Brands from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Acco Brands currently has an average rating of "Hold" and a consensus target price of $6.00.

Acco Brands Stock Up 1.7%

The firm has a market cap of $424.25 million, a price-to-earnings ratio of 7.41, a P/E/G ratio of 0.85 and a beta of 1.20. 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 stock has a 50-day moving average of $4.33 and a 200-day moving average of $4.00.

Acco Brands (NYSE:ACCO - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.29 EPS for the quarter, topping analysts' consensus estimates 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 12.57% 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. Sell-side analysts predict that Acco Brands Corporation will post 0.88 EPS for the current fiscal year.

Acco Brands Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Friday, August 21st were given a $0.0750 dividend. The ex-dividend date was Friday, August 21st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 6.5%. Acco Brands's dividend payout ratio (DPR) is presently 48.39%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Burns Matteson Capital Management LLC acquired a new position in shares of Acco Brands in the 3rd quarter valued at approximately $52,000. Assenagon Asset Management S.A. lifted its holdings in shares of Acco Brands by 41.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 655,937 shares of the industrial products company's stock worth $2,755,000 after acquiring an additional 191,881 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Acco Brands by 71.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,311 shares of the industrial products company's stock worth $89,000 after acquiring an additional 8,877 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Acco Brands during the 2nd quarter worth approximately $331,000. Finally, NewEdge Advisors LLC boosted its position in shares of Acco Brands by 6.7% during the 2nd quarter. NewEdge Advisors LLC now owns 37,606 shares of the industrial products company's stock worth $156,000 after acquiring an additional 2,375 shares in the last quarter. Institutional investors and hedge funds own 84.56% of the company's stock.

About Acco Brands

ACCO Brands Corporation is a global consumer and office products company that designs, manufactures and markets products used in workplaces, schools and homes. Its portfolio includes school and office supplies, filing and organization products, staplers and binding equipment, presentation materials, computer accessories, calendars and planning products, and selected craft and consumer products.

The company markets products under a range of recognized brands, including Swingline, Kensington, Mead, Five Star, AT-A-GLANCE, GBC, Quartet and TruSens.

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