Q3 EPS Estimates for Acco Brands Lowered by Noble Financial

Acco Brands Corporation (NYSE:ACCOFree Report) – Research analysts at Noble Financial dropped their Q3 2026 earnings per share (EPS) estimates for shares of Acco Brands in a research note issued to investors on Monday, August 3rd. Noble Financial analyst J. Gomes now expects that the industrial products company will post earnings of $0.19 per share for the quarter, down from their prior forecast of $0.24. The consensus estimate for Acco Brands’ current full-year earnings is $0.88 per share.

Other analysts also recently issued research 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. Zacks Research upgraded shares of Acco Brands from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. Wall Street Zen cut shares of Acco Brands from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Barrington Research reissued an “outperform” rating and set a $5.00 price objective on shares of Acco Brands in a report on Monday, May 4th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $5.00.

Check Out Our Latest Research Report on ACCO

Acco Brands Price Performance

Shares of NYSE:ACCO opened at $4.33 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.77 and a debt-to-equity ratio of 1.25. Acco Brands has a twelve month low of $2.81 and a twelve month high of $4.56. The stock’s 50 day moving average is $4.02 and its 200-day moving average is $3.77. The firm has a market capitalization of $399.21 million, a price-to-earnings ratio of 6.98, a PEG ratio of 0.79 and a beta of 1.21.

Acco Brands (NYSE:ACCOGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Acco Brands had a return on equity of 12.70% and a net margin of 3.74%.The business had revenue of $415.10 million for the quarter, compared to the consensus estimate 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.

Acco Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Friday, August 21st will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Friday, August 21st. Acco Brands’s dividend payout ratio (DPR) is 48.39%.

Insider Buying and Selling

In other Acco Brands news, SVP Angela Y. Jones sold 57,217 shares of Acco Brands stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $4.02, for a total value of $230,012.34. Following the sale, the senior vice president owned 18,580 shares of the company’s stock, valued at approximately $74,691.60. The trade was a 75.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 5.30% of the company’s stock.

Institutional Investors Weigh In On Acco Brands

Several large investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership boosted its holdings in Acco Brands by 102.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,550,367 shares of the industrial products company’s stock worth $5,550,000 after buying an additional 784,826 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Acco Brands by 27.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,148,160 shares of the industrial products company’s stock valued at $11,743,000 after acquiring an additional 682,260 shares during the period. Readystate Asset Management LP increased its holdings in Acco Brands by 63.6% during the 4th quarter. Readystate Asset Management LP now owns 1,517,338 shares of the industrial products company’s stock worth $5,660,000 after acquiring an additional 590,006 shares during the period. Renaissance Technologies LLC raised its position in shares of Acco Brands by 32.4% in the fourth quarter. Renaissance Technologies LLC now owns 1,313,447 shares of the industrial products company’s stock worth $4,899,000 after buying an additional 321,400 shares in the last quarter. Finally, CSM Advisors LLC grew its stake in Acco Brands by 33.4% in the 4th quarter. CSM Advisors LLC now owns 1,118,591 shares of the industrial products company’s stock worth $4,172,000 after buying an additional 280,360 shares in the last quarter. Hedge funds and other institutional investors own 84.56% of the company’s stock.

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.

See Also

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

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.