Acco BrandsACCO
Market Cap: $497M
About: ACCO Brands Corp designs, manufactures, and markets consumer and business products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers school notebooks, janitorial supplies, and whiteboards; storage and organization products, sheet protectors, and indexes, and punching products; computer accessories and others used in schools, homes, and businesses. It offers its products under the AT-A-GLANCE, Five Star, GBC, Hilroy, Kensington, Quartet, Leitz, NOBO and other brands. The company markets and sells its products through various channels, including mass retailers; e-tailers; discount, and variety chains; and warehouse clubs. It generates maximum profit from ACCO Brands North America segment.
Employees: 5,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2,067% more call options, than puts
Call options by funds: $195K | Put options by funds: $9K
17% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 71
2.71% less ownership
Funds ownership: 85.5% [Q1] → 82.79% (-2.71%) [Q2]
4% less funds holding
Funds holding: 227 [Q1] → 219 (-8) [Q2]
18% less capital invested
Capital invested by funds: $455M [Q1] → $372M (-$83.1M) [Q2]
25% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 32
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Barrington Research Kevin Steinke 64% 1-year accuracy 32 / 50 met price target | 35%upside $7 | Outperform Maintained | 4 Sept 2024 |