Acco Brands (NYSE:ACCO – Get Free Report) released its earnings results on Thursday. The industrial products company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02, FiscalAI reports. The company had revenue of $415.10 million during the quarter, compared to the consensus estimate of $402.53 million. Acco Brands had a return on equity of 12.70% and a net margin of 3.74%. Acco Brands updated its Q3 2026 guidance to 0.170-0.210 EPS and its FY 2026 guidance to 0.870-0.910 EPS.
Acco Brands Stock Down 0.3%
Shares of NYSE:ACCO traded down $0.01 during trading hours on Friday, reaching $4.22. The stock had a trading volume of 710,558 shares, compared to its average volume of 636,129. Acco Brands has a 1 year low of $2.81 and a 1 year high of $4.39. The firm’s 50 day moving average is $4.01 and its 200-day moving average is $3.77. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.98 and a current ratio of 1.77. The stock has a market capitalization of $388.97 million, a price-to-earnings ratio of 6.80, a P/E/G ratio of 0.81 and a beta of 1.21.
Acco Brands Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 7.1%. The ex-dividend date is Friday, August 21st. Acco Brands’s payout ratio is 38.46%.
Acco Brands News Summary
- Positive Sentiment: ACCO Brands earned $0.29 per share in the second quarter, exceeding the $0.27 analyst consensus and rising from $0.28 a year earlier. Revenue also surpassed expectations at $415.1 million versus the $402.5 million estimate. Acco Brands Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Full-year 2026 EPS guidance of $0.87 to $0.91 brackets or exceeds the current consensus estimate of $0.87, while revenue guidance of approximately $1.6 billion is in line with expectations. ACCO Brands Reports Second Quarter Results
- Neutral Sentiment: The company posted a 4.76% net margin and 12.58% return on equity. Its valuation remains relatively low, with a reported P/E ratio of approximately 5.4, although debt remains a consideration with debt-to-equity of 1.25.
- Negative Sentiment: Third-quarter EPS guidance of $0.17 to $0.21 has a midpoint of $0.19, below the $0.21 consensus estimate. Revenue guidance of $379.9 million to $391.4 million is broadly near expectations, but the softer profit outlook likely explains the stock’s weakness following the results. ACCO Brands Earnings Report and Conference Call
Analyst Ratings Changes
Several research analysts have recently commented on the stock. Weiss Ratings raised shares of Acco Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Zacks Research raised shares of Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Wall Street Zen lowered shares of Acco Brands from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Barrington Research restated an “outperform” rating and issued a $5.00 price target on shares of Acco Brands in a research note on Monday, May 4th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Acco Brands presently has an average rating of “Hold” and an average price target of $5.00.
Get Our Latest Stock Report on Acco Brands
Insider Buying and Selling at Acco Brands
In other news, SVP Angela Y. Jones sold 57,217 shares of Acco Brands stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $4.02, for a total transaction of $230,012.34. Following the completion of the sale, the senior vice president directly owned 18,580 shares of the company’s stock, valued at approximately $74,691.60. The trade was a 75.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.30% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Acco Brands during the 1st quarter worth about $127,000. Empowered Funds LLC increased its stake in Acco Brands by 3.7% in the first quarter. Empowered Funds LLC now owns 460,514 shares of the industrial products company’s stock valued at $1,930,000 after purchasing an additional 16,343 shares during the last quarter. Creative Planning increased its stake in Acco Brands by 53.3% in the second quarter. Creative Planning now owns 54,421 shares of the industrial products company’s stock valued at $195,000 after purchasing an additional 18,924 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Acco Brands by 0.4% during the second quarter. JPMorgan Chase & Co. now owns 818,489 shares of the industrial products company’s stock worth $2,930,000 after purchasing an additional 3,039 shares in the last quarter. Finally, Quantbot Technologies LP raised its holdings in Acco Brands by 8.3% during the second quarter. Quantbot Technologies LP now owns 78,218 shares of the industrial products company’s stock worth $280,000 after purchasing an additional 6,018 shares in the last quarter. 84.56% of the stock is owned by institutional investors and hedge funds.
Acco Brands Company Profile
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.
Featured Stories
- Five stocks we like better than Acco Brands
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Receive News & Ratings for Acco Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acco Brands and related companies with MarketBeat.com's FREE daily email newsletter.
