Acco Brands Corporation (NYSE:ACCO) Short Interest Update

by · The Cerbat Gem

Acco Brands Corporation (NYSE:ACCOGet Free Report) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 7,773,721 shares, a growth of 36.3% from the March 15th total of 5,702,654 shares. Based on an average daily trading volume, of 1,789,594 shares, the days-to-cover ratio is currently 4.3 days. Currently, 8.9% of the company’s shares are sold short.

Institutional Investors Weigh In On Acco Brands

A number of hedge funds and other institutional investors have recently modified their holdings of ACCO. Assenagon Asset Management S.A. acquired a new stake in shares of Acco Brands in the 4th quarter valued at about $1,772,000. Allspring Global Investments Holdings LLC increased its position in Acco Brands by 2.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,463,492 shares of the industrial products company’s stock worth $30,376,000 after buying an additional 174,984 shares during the period. World Investment Advisors acquired a new position in Acco Brands during the fourth quarter worth approximately $94,000. Abacus Wealth Partners LLC purchased a new stake in Acco Brands in the fourth quarter valued at approximately $125,000. Finally, Pacific Ridge Capital Partners LLC lifted its stake in Acco Brands by 18.2% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 251,123 shares of the industrial products company’s stock valued at $937,000 after buying an additional 38,600 shares during the last quarter. 84.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ACCO has been the topic of several research reports. Zacks Research lowered Acco Brands from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 11th. Weiss Ratings lowered shares of Acco Brands from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 20th. Barrington Research reduced their price target on shares of Acco Brands from $6.00 to $5.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Finally, Wall Street Zen lowered shares of Acco Brands from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $5.00.

Read Our Latest Stock Analysis on ACCO

Acco Brands Stock Up 4.8%

Shares of NYSE ACCO traded up $0.16 during mid-day trading on Friday, hitting $3.40. The company had a trading volume of 183,800 shares, compared to its average volume of 963,428. The company has a market capitalization of $313.22 million, a PE ratio of 7.67, a price-to-earnings-growth ratio of 0.38 and a beta of 1.16. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.61 and a quick ratio of 0.99. Acco Brands has a 1-year low of $2.81 and a 1-year high of $4.30. The business’s 50-day simple moving average is $3.51 and its 200 day simple moving average is $3.68.

Acco Brands (NYSE:ACCOGet Free Report) last released its earnings results on Monday, March 9th. The industrial products company reported $0.38 EPS for the quarter, hitting the consensus estimate of $0.38. Acco Brands had a return on equity of 12.35% and a net margin of 2.71%.The firm had revenue of $428.80 million during the quarter, compared to analysts’ expectations 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. On average, analysts predict that Acco Brands will post 1.02 earnings per share for the current year.

Acco Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Friday, March 20th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 8.8%. The ex-dividend date was Friday, March 20th. Acco Brands’s payout ratio is 68.18%.

Acco Brands Company Profile

(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.

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