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

ACCO Brands Co. (NYSE:ACCO) – Analysts at Sidoti Csr cut their Q1 2025 earnings per share estimates for ACCO Brands in a research note issued on Monday, November 4th. Sidoti Csr analyst G. Burns now forecasts that the industrial products company will post earnings of $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 data on Thursday, October 31st. The industrial products company reported $0.23 EPS for the quarter, hitting 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 for the quarter, compared to the consensus estimate of $418.20 million. During the same period last year, the business posted $0.24 EPS. The company’s quarterly revenue was down 6.0% compared to the same quarter last year.

ACCO has been the subject of several other research reports. StockNews.com raised shares of ACCO Brands from a “hold” rating to a “buy” rating in a research report on Saturday, August 10th. Barrington Research reiterated an “outperform” rating and issued a $7.00 price target on shares of ACCO Brands in a report on Wednesday, September 4th.

ACCO Brands Trading Up 4.3 %

NYSE ACCO opened at $6.06 on Wednesday. The firm has a market capitalization of $580.54 million, a price-to-earnings ratio of -3.08, a PEG ratio of 0.42 and a beta of 1.63. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.09 and a current ratio of 1.77. ACCO Brands has a one year low of $4.36 and a one year high of $6.62. The company’s 50 day moving average price is $5.25 and its 200 day moving average price is $5.03.

ACCO Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, November 15th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 4.95%. The ex-dividend date of this dividend is Friday, November 15th. ACCO Brands’s dividend payout ratio (DPR) is presently -15.87%.

Insiders Place Their Bets

In related news, SVP Pamela R. Schneider sold 19,166 shares of the firm’s stock in a transaction 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 completion of the sale, the senior vice president now directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets increased its holdings in ACCO Brands by 96.7% during the 1st quarter. BNP Paribas Financial Markets now owns 134,397 shares of the industrial products company’s stock worth $754,000 after purchasing an additional 66,070 shares during the last quarter. GSA Capital Partners LLP raised its holdings in ACCO Brands by 12.2% in the first quarter. GSA Capital Partners LLP now owns 159,258 shares of the industrial products company’s stock valued at $893,000 after acquiring an additional 17,255 shares in the last quarter. LSV Asset Management boosted its stake in ACCO Brands by 0.7% during the 1st quarter. LSV Asset Management now owns 3,390,700 shares of the industrial products company’s stock valued at $19,022,000 after acquiring an additional 24,900 shares during the last quarter. Quantbot Technologies LP boosted its stake in ACCO Brands by 51.0% during the 1st quarter. Quantbot Technologies LP now owns 42,233 shares of the industrial products company’s stock valued at $237,000 after acquiring an additional 14,257 shares during the last quarter. Finally, Empowered Funds LLC grew its holdings in ACCO Brands by 8.2% during the 1st quarter. Empowered Funds LLC now owns 384,111 shares of the industrial products company’s stock worth $2,155,000 after acquiring an additional 29,040 shares in the last quarter. Institutional investors and hedge funds own 84.56% of the company’s stock.

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.