475,150 Shares in Acco Brands Corporation $ACCO Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. purchased a new position in shares of Acco Brands Corporation (NYSE:ACCO) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 475,150 shares of the industrial products company’s stock, valued at approximately $1,772,000. Assenagon Asset Management S.A. owned 0.53% of Acco Brands as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Acco Brands by 0.4% in the second quarter. JPMorgan Chase & Co. now owns 818,489 shares of the industrial products company’s stock valued at $2,930,000 after acquiring an additional 3,039 shares during the period. Quantbot Technologies LP increased its holdings in shares of Acco Brands by 8.3% in the 2nd quarter. Quantbot Technologies LP now owns 78,218 shares of the industrial products company’s stock valued at $280,000 after acquiring an additional 6,018 shares during the period. 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 valued at $41,000 after purchasing an additional 6,436 shares during the last quarter. Merit Financial Group LLC raised its position in Acco Brands by 55.6% in the 3rd quarter. Merit Financial Group LLC now owns 20,211 shares of the industrial products company’s stock valued at $81,000 after purchasing an additional 7,224 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its stake in Acco Brands by 15.0% during the 3rd quarter. Mackenzie Financial Corp now owns 63,085 shares of the industrial products company’s stock worth $252,000 after purchasing an additional 8,223 shares during the period. Hedge funds and other institutional investors own 84.56% of the company’s stock.

Acco Brands Price Performance

Shares of NYSE ACCO opened at $2.91 on Tuesday. The stock has a fifty day moving average price of $3.76 and a 200 day moving average price of $3.78. Acco Brands Corporation has a 1-year low of $2.84 and a 1-year high of $4.42. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.61 and a quick ratio of 0.99. The company has a market cap of $261.94 million, a PE ratio of 6.60, a P/E/G ratio of 0.34 and a beta of 1.08.

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, meeting the consensus estimate of $0.38. The company had revenue of $428.80 million for the quarter, compared to analysts’ expectations of $431.94 million. Acco Brands had a net margin of 2.71% and a return on equity of 12.35%. 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. Sell-side analysts forecast that Acco Brands Corporation will post 1.02 EPS for the current year.

Acco Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 20th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date was Friday, March 20th. Acco Brands’s payout ratio is 68.18%.

Analysts Set New Price Targets

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

About Acco Brands

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.