Acco Brands (NYSE:ACCO) Stock Lifted to Strong-Buy by Zacks Research

Zacks Research upgraded shares of Acco Brands (NYSE:ACCO – Free Report) from a hold rating to a strong-buy rating in a research report released on Monday morning,Zacks reports.

Several other brokerages have also issued reports on ACCO. Barrington Research set a $6.00 price target on Acco Brands in a report on Wednesday, August 5th. Wall Street Zen upgraded Acco Brands from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Weiss Ratings upgraded Acco Brands from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Acco Brands currently has a consensus rating of “Buy” and a consensus price target of $6.00.

Check Out Our Latest Analysis on Acco Brands

Acco Brands Price Performance

ACCO stock opened at $5.20 on Monday. The stock has a market capitalization of $479.71 million, a PE ratio of 7.42, a price-to-earnings-growth ratio of 0.94 and a beta of 1.20. The company’s 50-day moving average is $4.43 and its 200-day moving average is $3.97. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.89 and a quick ratio of 1.22. Acco Brands has a 1 year low of $2.81 and a 1 year high of $5.84.

Acco Brands (NYSE:ACCO – Get Free Report) last issued its earnings results on Thursday, October 29th. The industrial products company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09. Acco Brands had a return on equity of 13.48% and a net margin of 4.23%. The company had revenue of $380.30 million during the quarter, compared to the consensus estimate of $383.70 million. Equities research analysts expect that Acco Brands will post 0.97 EPS for the current fiscal year.

Acco Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 9th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.0750 per share. This represents a $0.30 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Friday, November 20th. Acco Brands’s payout ratio is currently 42.86%.

Institutional Trading of Acco Brands

Institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings in Acco Brands by 19.4% during the 3rd quarter. Brighton Jones LLC now owns 13,183 shares of the industrial products company’s stock worth $55,000 after acquiring an additional 2,145 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Acco Brands by 6.7% in 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. Sequoia Financial Advisors LLC grew its stake 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 purchased a new stake in shares of Acco Brands in the second quarter valued at about $37,000. Finally, Empowered Funds LLC raised its holdings in shares of Acco Brands by 2.1% in the first 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 last quarter. 84.56% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Acco Brands

Here are the key news stories impacting Acco Brands this week:

  • Positive Sentiment: Noble Financial raised its FY2026 EPS estimate to $0.97 from $0.90, matching the current consensus forecast. A Zacks report also cited a consensus price target implying 46.52% potential upside, while noting that price targets alone have limited predictive value. Article: Wall Street Analysts Predict a 46.52% Upside in Acco
  • Neutral Sentiment: Sidoti’s forecasts put FY2026 EPS at $0.98, slightly above the $0.97 consensus, but FY2027 EPS at $0.94. Its quarterly projections include a loss in Q1 2027 followed by positive earnings in later quarters; these are estimates, not reported results.
  • Negative Sentiment: Noble Financial cut its Q4 2026 EPS estimate to $0.38 from $0.40, a small reduction that could temper the more favorable full-year revision.

About Acco Brands

(Get Free Report)

ACCO Brands Corporation is a global manufacturer and marketer of consumer and office products. Its portfolio includes supplies and equipment used in workplaces, schools and homes, as well as products designed to support organization, productivity and personal technology.

The company’s brands include Swingline, Kensington, Mead, Five Star, GBC, Quartet and Esselte. Its products include staplers, punches, shredders, laminators, binding systems, presentation supplies, notebooks, planners, backpacks, computer accessories and other workspace and school supplies.

ACCO Brands traces its history to the American Clip Company, founded in 1903.

See Also

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.