Type
|
Public |
---|---|
Traded as | NYSE: ACCO |
Industry | Manufacturer |
Founded | 2005 (Merger with ACCO World and General Binding Corporation) |
Headquarters | Lake Zurich, IL, USA |
Area served
|
North America Europe Australia South America |
Key people
|
Robert Keller Boris Elisman (Executive Vice President) & (CFO) |
Products | Office products |
Revenue |
$ 1.557 billion (2016) |
Operating income
|
$ 167.3 million (2016) |
Net income
|
$ 95.5 million (2016) |
Total assets | $ 2.065 billion (2016) |
Total equity | $ 708.7 million (2016) |
Number of employees
|
5,040 (2016) |
Website | ACCObrands.com |
Robert Keller
(Chairman)
Boris Elisman
(President) & (CEO)
$ 1.557 billion (2016)
ACCO Brands Corporation is an American manufacturer of office products. It was created by the merger of ACCO World from Fortune Brands with General Binding Corporation (GBC).
In 1903, Fred J. Kline founded the Clipper Manufacturing Company (a maker of paper clips) in Long Island, New York. In 1910, the company became the American Clip Company, and first used the name "ACCO" as an initialism, which became the company's formal name in 1922. After many acquisitions, ACCO went public in 1983, and was acquired in 1987 by American Brands (later Fortune Brands).
In 1990, ACCO acquired Hetzel in Germany, a company selling stationery products. In 1992, ACCO UK was created from the integration of ACCO Europe and Rexel Ltd. ACCO UK is the UK's largest manufacturer of office products. In 2005, ACCO was spun off from Fortune Brands and, through the merger with the General Binding Corporation, ACCO Brands was formed.
In 2012, ACCO Brands completed a $860 million deal to combine with MeadWestvaco’s Consumer and Office Products business. The transaction added brands like Mead, Five Star, Trapper Keeper, AT-A-GLANCE, Cambridge, Day Runner, Hilroy, Tilibra and Grafons to ACCO Brands' product line.
ACCO Brands is also the owner of the Rexel brand, which sells shredders, binding machines and staplers. Rexel products are sold both off-line in retail outlets and online via e-commerce stores worldwide. Some leading examples of online stores selling Rexel shredders are: Amazon in the US and Altimus Office Supplies LLC in the Middle East.
It also owns the subsidiary company, Kensington Computer Products Group, which is best known for the Kensington Security Slot and also sells computer accessories and peripherals such as computer mice, trackballs, computer keyboards, notebook bags, iPod accessories and power supplies. Kensington was founded in 1981 with the invention of the System Saver, a combined cooling fan and surge protector designed for use with the Apple II computer. They currently produce more than 300 different computer accessory products.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-24 | Future report Set alerts | |
Q2 2022 | 2022-08-08 | 0.37 | 0.37 |
Q1 2022 | 2022-04-26 | 0.11 | 0.11 |
Q4 2021 | 2022-02-15 | 0.54 | 0.54 |
Q3 2021 | 2021-10-26 | 0.33 | 0.33 |
Q2 2021 | 2021-07-28 | 0.43 | 0.43 |
Q1 2021 | 2021-04-27 | 0.10 | 0.10 |
Q4 2020 | 2021-02-16 | 0.32 | 0.32 |
Q3 2020 | 2020-10-27 | 0.19 | 0.20 |
Q2 2020 | 2020-07-28 | 0.12 | 0.06 |
2015-02-12 | Set Price Target | Barclays | Hold | $9.00 to $8.00 |
2015-02-12 | Set Price Target | Barclays PLC | Hold | $9.00 to $8.00 |
2014-11-03 | Reiterated Rating | Barrington Research | Outperform | $8.00 to $9.00 |
2014-10-30 | Reiterated Rating | Barclays | Equal Weight | $8.00 to $9.00 |
2014-10-30 | Downgrade | KeyBanc | Buy to Hold | |
2014-10-30 | Downgrade | KeyCorp | Buy to Hold | |
2014-02-12 | Downgrade | SunTrust | Neutral | |
2014-01-27 | Downgrade | SunTrust | Buy to Neutral | |
2013-10-31 | Downgrade | CJS Securities | Outperform to Market Perform | $9.00 to $8.00 |
2015-02-12 | Set Price Target | Barclays | Hold | $9.00 to $8.00 |
2015-02-12 | Set Price Target | Barclays PLC | Hold | $9.00 to $8.00 |
2014-11-03 | Reiterated Rating | Barrington Research | Outperform | $8.00 to $9.00 |
2014-10-30 | Reiterated Rating | Barclays | Equal Weight | $8.00 to $9.00 |
2014-10-30 | Downgrade | KeyBanc | Buy to Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ACCO 172 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 9.31M |
Vanguard Group, Inc | 8.93M |
DIMENSIONAL FUND ADVISORS LP | 6.97M |
WELLINGTON MANAGEMENT CO LLP | 5.24M |
LSV ASSET MANAGEMENT | 3.40M |
BlackRock Fund Advisors | 3.27M |
OPPENHEIMER FUNDS INC | 3.22M |
BlackRock Institutional Trust Company, N.A. | 2.92M |
Boston Partners | 2.59M |
PARAMETRIC PORTFOLIO ASSOCIATES LLC | 2.40M |
ROYAL BANK OF CANADA | 2.32M |
MORGAN STANLEY | 2.30M |
STATE STREET CORP | 2.16M |
RUSSELL FRANK CO/ | 1.82M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 1.81M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Elisman Boris President & COO | 0.69% (792370) | ACCO / |
Fenwick Neal V Executive VP and CFO | 0.42% (483825) | ACCO / |
Keller Robert J Chairman and CEO | 0.19% (215064) | ACCO / |
Franey Christopher M Exec VP & Pres ACCO Br Intl | 0.17% (192115) | ACCO / |
Tedford Thomas W Exec VP & Pres ACCO Brands Am | 0.13% (153233) | ACCO / |
O NEILL THOMAS P JR Sr VP Fin & Actg (Prin Actg O) | 0.10% (111943) | ACCO / |
HARGROW RALPH PAUL Sr VP & Chief People Officer | 0.10% (111309) | ACCO / |
JENKINS ROBERT H | 0.09% (105230) | ACCO / AKS / CLC / |
McCormack Gregory J. Sr. Vice Pres, Global Products | 0.08% (96757) | ACCO / |
McLachlan Neil A Exec V P; President, Mead Prod | 0.08% (92980) | ACCO / |
Norkus Michael | 0.08% (85856) | ACCO / GWR / |
Schneider Pamela R Sr VP, Secretary & Gen Counsel | 0.07% (81625) | ACCO / |
BUZZARD JAMES A | 0.07% (78458) | ACCO / |
Buchenroth Patrick ExecVP, Pres ACCO Brands Intl | 0.06% (73006) | ACCO / |
Anderson Mark C Sr VP, Corporate Development | 0.06% (67701) | ACCO / |
Schnaedter Kathy D SVP, Corp Controller & CAO | 0.06% (64225) | ACCO / |
Kaput David L Sr VP, Chief HR Officer | 0.05% (62091) | ACCO / |
BAYLY GEORGE V | 0.04% (50669) | ACCO / GPK / THS / |
Kroeger Thomas | 0.03% (40008) | ACCO / |
RAJKOWSKI E MARK | 0.03% (28632) | ACCO / MWV / PTIX / XYL / |
Talton Sheila | 0.01% (11500) | ACCO / DE / OGE / SYY / WTFC / |
Shortt Thomas H Exec VP & Pres, Prod Strategy | 0.01% (9312) | ACCO / |