Elizabeth Simermeyer Buys Shares of Acco Brands
Elizabeth Simermeyer purchased 2,098 shares of Acco Brands on June 17.
Key Points
- Elizabeth Simermeyer bought 2,098 shares of Acco Brands on June 17, with the stock trading at $3.85.
- Acco Brands has a market cap of $359.8 million and a P/E ratio of 5.0, trading between $2.81 and $4.30 over the past year.
- Analysts maintain a 'buy' rating for Acco Brands, with a target mean price of $7.67 from three analysts.
Elizabeth Simermeyer recently increased her stake in Acco Brands Corporation (NYSE:ACCO) by purchasing 2,098 shares on June 17. The purchase did not have a disclosed value, and no planned transaction was indicated. This move comes as Acco Brands' stock trades at $3.85.
Insider Buying and Selling at Acco Brands Corporation
On June 17, several insiders, including Elizabeth Simermeyer, purchased shares of Acco Brands. Other insiders such as Kathleen Dvorak, Joseph Burton, Pradeep Jotwani, Ronald Lombardi, Mark Rajkowski, and Graciela Monteagudo also bought shares, suggesting a show of confidence in the company.
Other Institutional Activity in Acco Brands
Institutional investors have been active in Acco Brands as well. Allspring Global Investments Holdings added 67,799 shares, bringing its total to 7,717,401 shares worth about $22.6 million. BlackRock, Inc. increased its position by 235,548 shares to 7,554,009 shares, valued at approximately $22.7 million. Capital Management Corp. /VA significantly boosted its holdings by 1,454,062 shares, reaching 6,982,283 shares worth roughly $20.9 million. Dimensional Fund Advisors LP added 79,116 shares, ending with 4,436,286 shares valued at $13.3 million. Meanwhile, Vanguard Capital Management LLC reported a new stake of 3,913,839 shares valued at $11.7 million.
Acco Brands Stock Snapshot
Shares of Acco Brands (NYSE:ACCO) are currently trading at $3.85. The company has a market capitalization of $359.8 million and a P/E ratio of 5.0. Over the past 52 weeks, the stock has fluctuated between $2.81 and $4.30. The 50-day moving average is $3.70, while the 200-day moving average is $3.74. Acco Brands has a beta of 1.207, indicating some volatility relative to the market.
Recent Earnings
In its latest earnings report, Acco Brands posted revenue of approximately $1.55 billion, reflecting a growth rate of 8.3%. The company's net margin stands at 4.8%, with a return on equity of 11.5%. Earnings per share (EPS) were $0.78. The next earnings report is expected on July 30, 2026.
Dividend
Acco Brands offers an annual dividend rate of $0.30, yielding 7.58% based on current prices. The dividend payout ratio is 38.5%, suggesting a sustainable distribution to shareholders.
Analysts Set New Price Targets
On May 4, 2026, Barrington Research maintained its 'buy' rating for Acco Brands with a price target of $5.0. Overall, the consensus among three analysts is a 'buy' rating, with a target mean price of $7.67.
About Acco Brands Corporation
Acco Brands Corporation, headquartered in Lake Zurich, Illinois, designs and markets consumer, school, technology, and office products worldwide. The company operates through its ACCO Brands Americas and ACCO Brands International segments. It offers a range of products, including note-taking supplies, gaming accessories, planners, workspace machines, and dry erase boards. Acco Brands distributes its products through mass retailers, e-tailers, and various specialty stores.
Bottom Line
Elizabeth Simermeyer's recent purchase of Acco Brands shares signals insider confidence at a time when the stock trades near its lower range. While the 13F filings give a backward-looking snapshot of institutional activity, they can offer insights into potential trends. Investors often track such filings to gauge market sentiment and institutional confidence in a company's future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
