Actuant Corporation Company Profile (NYSE:ATU)

Actuant Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATU."

Actuant Corporation declared a quarterly dividend on Friday, July 14th. Shareholders of record on Friday, September 29th will be given a dividend of $0.04 per share on Monday, October 16th. This represents a $0.16 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend is Thursday, September 28th. View Actuant Corporation's Dividend History.

Actuant Corporation (NYSE:ATU) announced its quarterly earnings results on Wednesday, June, 21st. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. The business had revenue of $295.40 million for the quarter, compared to analysts' expectations of $294 million. Actuant Corporation had a net margin of 4.56% and a return on equity of 10.58%. The firm's revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.40 EPS. View Actuant Corporation's Earnings History.

Actuant Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, September, 27th 2017. View Earnings Estimates for Actuant Corporation.

12 brokerages have issued 1 year price targets for Actuant Corporation's stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate Actuant Corporation's share price to reach $25.88 in the next year. View Analyst Ratings for Actuant Corporation.

Here are some recent quotes from research analysts about Actuant Corporation stock:

• 1. According to Zacks Investment Research, "On the wake of becoming a resilient company, Actuant has been undertaking certain restructuring actions and accelerating lean production efforts within its business. Moreover, stronger Industrial and Engineered Solutions’ performance would likely boost results in the quarters ahead. However, over the last three months, Actuant's shares have underperformed and look overvalued compared to the industry. The company's noted that challenging conditions prevailing in the global energy market is currently hurting its Hydratight business. Headwinds such as dismal oil prices or a stronger U.S. dollar might continue to weigh over the company's top- and bottom-line performances in the upcoming quarters. Over the last 30 days, Zacks Consensus Estimate for the stock has remained unchanged for fiscal 2018." (8/22/2017)
• 2. Wells Fargo & Company analysts commented, "Reaching this goal is contingent on bolt-on acquisitions, core growth above the market, and end market support. Core growth above the market is our primary concern," senior analyst Allison Poliniak-Cusic wrote in a note.Related Link: Wells Fargo Downgrades Actuant To Market PerformDespite acknowledging Actuant's good fundamentals, Poliniak-Cusic said the company's investment in organic growth will take time to show meaningful progress amid significant end-market headwinds. The company's end markets include oil and gas (mainly offshore), agriculture and industrial.Further, the tepid end-markets could also delay results of the company's efforts to drive long-term revenue growth via expansions in product and service, end market, geographic penetration and increased channel effectiveness."Therefore, we are moving to the sidelines and could become more constructive on the name should we see sustained progress in regards to the company's 5-year plan, all else equal," Poliniak-Cusic continued.It's Not All NegativeThe analyst is also encouraged by CEO Randal Baker's greater emphasis on operational excellence to achieve 100bps of annual margin improvement target, which implies a return to mid-teens EBIT percent.Poliniak-Cusic noted that the company is well poised for a potential recovery in macro-environment, driven by new products, greater penetration and operating leverage.The analyst, who has a valuation range of $26-$28, noted that management needs to regain investor confidence on the M&A front due to its past missteps."An assembler (hence low capital user), ATU is a superb cash flow generator, in our opinion, that uses its cash to deleverage and acquire 'good fit, low risk' bolt-ons," (10/7/2016)

Some companies that are related to Actuant Corporation include IMI plc (IMI), Manitowoc Food Service (WBT), KLX (KLXI), Rexnord Corporation (RXN), Hillenbrand (HI), Mueller Water Products (MWA), Proto Labs (PRLB), SPX FLOW (FLOW), Kaman Corporation (KAMN), Comfort Systems USA (FIX), SPX Corp (SPXC), SPX Corporation (SPXC), Milacron Holdings Corp. (MCRN), Hill & Smith Holdings PLC (HILS), Morgan Advanced Materials PLC (MGAM), American Outdoor Brands Corporation (AOBC), Park-Ohio Holdings Corp. (PKOH) and Gooch & Housego plc (GHH).

Actuant Corporation's management team includes the folowing people:

• Robert A. Peterson, Independent Chairman of the Board
• Randal W. Baker, President, Chief Executive Officer, Director
• Rick T. Dillon, Chief Financial Officer, Executive Vice President
• Kenneth C. Bockhorst, Executive Vice President - Energy Segment
• Stephen J. Rennie, Executive Vice President - Industrial Segment
• Roger A. Roundhouse, Executive Vice President - Engineered Solutions Segment
• Theodore C. Wozniak, Executive Vice President - Business Development
• Robert A. Wrocklage, Corporate Controller and Principal Accounting Officer
• Richard D. Holder, Director
• Gurminder S. Bedi, Independent Director

Actuant Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.78%), Southeastern Asset Management Inc. TN (9.88%), Vanguard Group Inc. (8.79%), Pzena Investment Management LLC (5.55%), Clarkston Capital Partners LLC (3.77%) and Dimensional Fund Advisors LP (3.62%). Company insiders that own Actuant Corporation stock include Andrew Lampereur, Brian Kobylinski, Eugene Edward Skogg, Mark Sefcik, Matthew Pauli, Randal W Baker, Robert C Arzbaecher, Roger Roundhouse, Stephen Rennie, Ted Wozniak and Thomas J Fischer. View Institutional Ownership Trends for Actuant Corporation.

Actuant Corporation's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Victory Capital Management Inc., Aberdeen Asset Management PLC UK, Federated Investors Inc. PA, Systematic Financial Management LP, BlackRock Inc., JPMorgan Chase & Co. and First Manhattan Co.. Company insiders that have sold Actuant Corporation stock in the last year include Eugene Edward Skogg, Robert C Arzbaecher, Stephen Rennie, Ted Wozniak and Thomas J Fischer. View Insider Buying and Selling for Actuant Corporation.

Actuant Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Frontier Capital Management Co. LLC, SG Capital Management LLC, Kennedy Capital Management Inc., Voya Investment Management LLC, Jennison Associates LLC, Parametric Portfolio Associates LLC and Great Lakes Advisors LLC. Company insiders that have bought Actuant Corporation stock in the last two years include Andrew Lampereur, Brian Kobylinski, Eugene Edward Skogg, Mark Sefcik, Randal W Baker, Robert C Arzbaecher, Roger Roundhouse and Ted Wozniak. View Insider Buying and Selling for Actuant Corporation.

Shares of Actuant Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Actuant Corporation stock can currently be purchased for approximately $26.85.