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

Key Points

• Acco Brands shares crossed above their 200-day moving average, reaching $4.21 and last trading at $4.17 versus the $3.81 average.
• Analysts maintain a consensus “Hold” rating with an average price target of $6.00, despite some recent upgrades and one downgrade.
• The company reported quarterly earnings and revenue above expectations and declared a $0.075 quarterly dividend, representing a 7.2% annualized yield.

Acco Brands Corporation (NYSE:ACCO - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.81 and traded as high as $4.21. Acco Brands shares last traded at $4.17, with a volume of 480,463 shares traded.

Wall Street Analyst Weigh In

ACCO has been the topic of a number of research reports. Weiss Ratings upgraded shares of Acco Brands from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, July 10th. Zacks Research upgraded Acco Brands from a "strong sell" rating to a "hold" rating in a research report on Monday, May 11th. Barrington Research set a $6.00 price objective on Acco Brands in a research report on Wednesday, August 5th. Finally, Wall Street Zen downgraded Acco Brands from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 1st. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $6.00.

Acco Brands Price Performance

The company has a market cap of $384.93 million, a P/E ratio of 6.73, a PEG ratio of 0.79 and a beta of 1.21. The firm's 50-day moving average is $4.14 and its two-hundred day moving average is $3.81. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.97 and a quick ratio of 1.22.

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 (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The firm had revenue of $415.10 million for the quarter, compared to analysts' expectations 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. Analysts anticipate that Acco Brands Corporation will post 0.88 earnings per share for the current year.

Acco Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Friday, August 21st will be given a dividend of $0.075 per share. The ex-dividend date is Friday, August 21st. This represents a $0.30 dividend on an annualized basis and a yield of 7.2%. Acco Brands's payout ratio is 48.39%.

Institutional Investors Weigh In On Acco Brands

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of Acco Brands during the second quarter worth approximately $36,919,000. Allspring Global Investments Holdings LLC grew its stake in Acco Brands by 0.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 7,717,401 shares of the industrial products company's stock worth $22,612,000 after purchasing an additional 67,799 shares in the last quarter. Vanguard Group Inc. raised its position in Acco Brands by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 6,237,515 shares of the industrial products company's stock valued at $24,888,000 after purchasing an additional 107,480 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Acco Brands by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,436,286 shares of the industrial products company's stock worth $13,308,000 after buying an additional 79,116 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Acco Brands by 27.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,148,160 shares of the industrial products company's stock worth $11,743,000 after buying an additional 682,260 shares during the period. Institutional investors own 84.56% of the company's stock.

About Acco Brands

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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