Sidoti Csr Weighs in on ACCO Brands’ Q1 Earnings (NYSE:ACCO)

ACCO Brands Co. (NYSE:ACCO) – Sidoti Csr reduced their Q1 2025 earnings per share estimates for shares of ACCO Brands in a note issued to investors on Monday, November 4th. Sidoti Csr analyst G. Burns now anticipates that the industrial products company will earn $0.08 per share for the quarter, down from their prior estimate of $0.11. The consensus estimate for ACCO Brands’ current full-year earnings is $1.04 per share.

ACCO Brands (NYSE:ACCO) last released its quarterly earnings results on Thursday, October 31st. The industrial products company reported $0.23 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.23. The company had revenue of $420.90 million during the quarter, compared to analysts’ expectations of $418.20 million. ACCO Brands had a positive return on equity of 13.77% and a negative net margin of 10.64%. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 earnings per share.

A number of other equities analysts have also weighed in on the stock. Barrington Research reissued an “outperform” rating and issued a $7.00 price objective on shares of ACCO Brands in a research report on Wednesday, September 4th. StockNews.com upgraded ACCO Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 10th.

ACCO Brands Trading Up 4.6 %

Shares of ACCO stock opened at $5.82 on Wednesday. ACCO Brands has a twelve month low of $4.36 and a twelve month high of $6.62. The company has a market capitalization of $557.07 million, a price-to-earnings ratio of -3.08, a PEG ratio of 0.42 and a beta of 1.63. The firm has a 50-day moving average price of $5.25 and a 200 day moving average price of $5.03. The company has a current ratio of 1.77, a quick ratio of 1.09 and a debt-to-equity ratio of 1.49.

ACCO Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date of this dividend is Friday, November 15th. ACCO Brands’s dividend payout ratio is currently -15.87%.

Insider Transactions at ACCO Brands

In related news, SVP Pamela R. Schneider sold 19,166 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $5.47, for a total value of $104,838.02. Following the completion of the sale, the senior vice president now directly owns 243,899 shares in the company, valued at approximately $1,334,127.53. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 7.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Capital Management Corp VA increased its stake in ACCO Brands by 286.7% during the first quarter. Capital Management Corp VA now owns 2,430,785 shares of the industrial products company’s stock worth $13,637,000 after acquiring an additional 1,802,250 shares during the last quarter. Bank of Montreal Can acquired a new stake in ACCO Brands during the 2nd quarter worth approximately $4,588,000. Millennium Management LLC raised its holdings in ACCO Brands by 116.1% in the second quarter. Millennium Management LLC now owns 1,173,755 shares of the industrial products company’s stock valued at $5,517,000 after buying an additional 630,663 shares during the period. American Century Companies Inc. lifted its position in ACCO Brands by 113.0% during the second quarter. American Century Companies Inc. now owns 1,063,997 shares of the industrial products company’s stock valued at $5,001,000 after buying an additional 564,406 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in ACCO Brands by 160.6% during the second quarter. Assenagon Asset Management S.A. now owns 819,268 shares of the industrial products company’s stock worth $3,851,000 after buying an additional 504,876 shares during the period. 84.56% of the stock is owned by hedge funds and other institutional investors.

ACCO Brands Company Profile

ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.