Acco Brands (NYSE:ACCO) Stock Price Breaks Above 200 Day Moving Average - Should You Sell?

Key Points

• ACCO Brands shares moved above their 200-day moving average, reaching $4.33 and last trading near $4.315, compared with the $3.85 average.
• Analysts maintain a generally cautious outlook: the consensus rating is “Hold”, with an average price target of $6.00. Barrington Research set the $6.00 target, while other firms issued Buy or Hold assessments.
• The company reported quarterly EPS of $0.29, beating estimates, and pays a 7.0% dividend yield based on an annualized $0.30 payout. Institutional investors own approximately 84.6% of the stock.

Acco Brands Corporation (NYSE:ACCO - Get Free Report)'s share price 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 traded.

Analysts Set New Price Targets

Several analysts have weighed in on the company. 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 upgraded shares of Acco Brands from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday. Finally, Barrington Research set a $6.00 target price on shares of Acco Brands in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $6.00.

Acco Brands Trading Up 0.1%

The company has a quick ratio of 1.22, a current ratio of 1.97 and a debt-to-equity ratio of 1.30. The stock's fifty day moving average price is $4.27 and its two-hundred day moving average price is $3.85. The company has a market capitalization of $398.32 million, a PE ratio of 6.96, a price-to-earnings-growth ratio of 0.81 and a beta of 1.21.

Acco Brands (NYSE:ACCO - Get Free Report) last posted its earnings results on Thursday, July 30th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.02. Acco Brands had a return on equity of 12.57% and a net margin of 3.74%.The company had revenue of $415.10 million for the quarter, compared to analysts' expectations of $402.53 million. 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 anticipate that Acco Brands Corporation will post 0.88 earnings per share for the current 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 paid a dividend of $0.0750 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a $0.30 annualized dividend and a dividend yield of 7.0%. Acco Brands's payout ratio is 48.39%.

Hedge Funds Weigh In On Acco Brands

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its position in Acco Brands by 6.7% during the 2nd 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. Aristeia Capital L.L.C. grew its holdings in shares of Acco Brands by 3.4% during the 4th quarter. Aristeia Capital L.L.C. now owns 176,209 shares of the industrial products company's stock worth $657,000 after acquiring an additional 5,846 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Acco Brands by 71.4% in 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 in the last quarter. Legal & General Group Plc bought a new position in shares of Acco Brands in the 2nd quarter worth approximately $37,000. Finally, Empowered Funds LLC lifted its stake in shares of Acco Brands by 2.1% in the 1st quarter. Empowered Funds LLC now owns 523,254 shares of the industrial products company's stock valued at $1,570,000 after purchasing an additional 10,696 shares during the period. Institutional investors 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.

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