Allspring Global Investments Holdings LLC Increases Stake in Acco Brands Corporation $ACCO

Allspring Global Investments Holdings LLC raised its position in shares of Acco Brands Corporation (NYSE:ACCO) by 2.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,649,602 shares of the industrial products company’s stock after purchasing an additional 186,110 shares during the quarter. Allspring Global Investments Holdings LLC owned 8.49% of Acco Brands worth $28,227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its position in Acco Brands by 131.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 11,348 shares of the industrial products company’s stock worth $41,000 after buying an additional 6,436 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Acco Brands during the 3rd quarter valued at about $42,000. Brighton Jones LLC bought a new position in shares of Acco Brands in the 3rd quarter worth approximately $74,000. Focus Partners Wealth purchased a new position in shares of Acco Brands in the third quarter worth approximately $75,000. Finally, SG Americas Securities LLC purchased a new position in shares of Acco Brands in the third quarter worth approximately $80,000. Institutional investors own 84.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ACCO shares. Weiss Ratings cut shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 20th. Zacks Research downgraded Acco Brands from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 11th. Barrington Research cut their price target on Acco Brands from $6.00 to $5.00 and set an “outperform” rating for the company in a report on Thursday, March 12th. Finally, Wall Street Zen cut Acco Brands from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $5.00.

Acco Brands Stock Performance

Shares of NYSE:ACCO opened at $2.89 on Friday. The company has a current ratio of 1.61, a quick ratio of 0.99 and a debt-to-equity ratio of 1.21. Acco Brands Corporation has a 12 month low of $2.83 and a 12 month high of $4.30. The company has a market capitalization of $266.17 million, a price-to-earnings ratio of 6.56, a PEG ratio of 0.34 and a beta of 1.16. The firm’s 50-day moving average is $3.68 and its 200 day moving average is $3.75.

Acco Brands (NYSE:ACCO) last announced its quarterly earnings data on Monday, March 9th. The industrial products company reported $0.38 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.38. Acco Brands had a net margin of 2.71% and a return on equity of 12.35%. The business had revenue of $428.80 million during the quarter, compared to the consensus estimate of $431.94 million. Acco Brands has set its Q1 2026 guidance at -0.060–0.030 EPS and its FY 2026 guidance at 0.840-0.890 EPS. Research analysts predict that Acco Brands Corporation will post 1.02 EPS for the current year.

Acco Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 20th were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 10.4%. The ex-dividend date was Friday, March 20th. Acco Brands’s dividend payout ratio (DPR) is 68.18%.

Acco Brands 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.