Sidoti Has Optimistic Outlook of Acco Brands Q3 Earnings

Acco Brands Corporation (NYSE:ACCOFree Report) – Equities researchers at Sidoti boosted their Q3 2027 earnings estimates for shares of Acco Brands in a note issued to investors on Tuesday, August 18th. Sidoti analyst G. Burns now expects that the industrial products company will post earnings per share of $0.23 for the quarter, up from their previous forecast of $0.22. The consensus estimate for Acco Brands’ current full-year earnings is $0.88 per share. Sidoti also issued estimates for Acco Brands’ Q4 2027 earnings at $0.41 EPS and FY2027 earnings at $0.94 EPS.

Acco Brands (NYSE:ACCOGet Free Report) last announced its quarterly 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 company had revenue of $415.10 million during the quarter, compared to analyst estimates 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.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings raised shares of Acco Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. Wall Street Zen cut shares of Acco Brands from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Barrington Research set a $6.00 price target on Acco Brands in a research report on Wednesday, August 5th. Finally, Zacks Research raised shares of Acco Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Acco Brands currently has a consensus rating of “Hold” and an average target price of $6.00.

Check Out Our Latest Report on ACCO

Acco Brands Price Performance

Shares of ACCO opened at $4.29 on Wednesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.22 and a current ratio of 1.97. The firm has a market capitalization of $395.55 million, a PE ratio of 6.91, a P/E/G ratio of 0.82 and a beta of 1.21. The stock has a 50 day simple moving average of $4.11 and a 200 day simple moving average of $3.80. Acco Brands has a 52-week low of $2.81 and a 52-week high of $4.56.

Institutional Investors Weigh In On Acco Brands

Several institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC acquired a new stake in Acco Brands during the second quarter worth approximately $2,290,000. Bank of America Corp DE bought a new stake in shares of Acco Brands during the 2nd quarter valued at $4,291,000. Legal & General Group Plc bought a new stake in shares of Acco Brands during the 2nd quarter valued at $37,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Acco Brands during the 2nd quarter worth $103,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Acco Brands during the 2nd quarter worth $87,000. 84.56% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Acco Brands news, SVP Angela Y. Jones sold 57,217 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 18,580 shares in the company, valued at $74,691.60. This represents a 75.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.30% of the stock is owned by company insiders.

Acco Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Friday, August 21st will be paid a $0.075 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.30 annualized dividend and a dividend yield of 7.0%. Acco Brands’s dividend payout ratio is 48.39%.

About Acco Brands

(Get Free Report)

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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Earnings History and Estimates for Acco Brands (NYSE:ACCO)

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