Noble Financial Weighs in on ACCO Brands Q1 Earnings

ACCO Brands Co. (NYSE:ACCO) – Stock analysts at Noble Financial issued their Q1 2025 EPS estimates for shares of ACCO Brands in a report issued on Monday, November 4th. Noble Financial analyst J. Gomes forecasts that the industrial products company will earn $0.04 per share for the quarter. The consensus estimate for ACCO Brands’ current full-year earnings is $1.04 per share. Noble Financial also issued estimates for ACCO Brands’ FY2025 earnings at $1.14 EPS.

ACCO Brands (NYSE:ACCO) last released its earnings results on Thursday, October 31st. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. ACCO Brands had a positive return on equity of 13.77% and a negative net margin of 10.64%. The company had revenue of $420.90 million during the quarter, compared to analyst estimates of $418.20 million. During the same quarter in the prior year, the company earned $0.24 earnings per share. The company’s revenue for the quarter was down 6.0% on a year-over-year basis.

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

ACCO Brands Stock Up 4.3 %

Shares of ACCO Brands stock opened at $6.06 on Wednesday. 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 has a 1 year low of $4.36 and a 1 year high of $6.62. The stock has a 50-day moving average price of $5.25 and a 200 day moving average price of $5.03. The company has a market cap of $580.54 million, a P/E ratio of -3.08, a P/E/G ratio of 0.42 and a beta of 1.63.

Institutional Investors Weigh In On ACCO Brands

Large investors have recently bought and sold shares of the business. Capital Management Corp VA boosted its position 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 purchasing an additional 1,802,250 shares during the period. Bank of Montreal Can acquired a new stake in shares of ACCO Brands in the second quarter worth $4,588,000. Millennium Management LLC boosted its holdings in shares of ACCO Brands by 116.1% during the 2nd quarter. Millennium Management LLC now owns 1,173,755 shares of the industrial products company’s stock worth $5,517,000 after buying an additional 630,663 shares during the period. American Century Companies Inc. grew its stake in ACCO Brands by 113.0% in the 2nd 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 during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in ACCO Brands by 160.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 819,268 shares of the industrial products company’s stock valued at $3,851,000 after buying an additional 504,876 shares during the last quarter. 84.56% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Pamela R. Schneider sold 19,166 shares of the firm’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 transaction of $104,838.02. Following the transaction, the senior vice president now owns 243,899 shares of the company’s stock, valued at approximately $1,334,127.53. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 7.30% of the company’s stock.

ACCO Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Friday, November 15th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.30 dividend on an annualized basis and a yield of 4.95%. ACCO Brands’s dividend payout ratio (DPR) is currently -15.87%.

About ACCO Brands

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.