Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company operates through three segments: Industrial, Energy and Engineered Solutions. The Company's Industrial segment is primarily involved in the design, manufacture and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure and production automation markets. The Company's Energy segment provides joint integrity products and services, customized offshore vessel mooring solutions, as well as rope and cable solutions to the global oil and gas, power generation and other energy markets. The Company's Engineered Solutions segment provides engineered position and motion control systems to original equipment manufacturers (OEM) in various on and off-highway vehicle markets, as well as various other products to the industrial and agricultural markets.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Industrial Machinery & Equipment
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:ATU
- CUSIP: 00508X20
- Web: www.actuant.com
- Market Cap: $1.6 billion
- Outstanding Shares: 59,696,000
- 50 Day Moving Avg: $24.07
- 200 Day Moving Avg: $25.26
- 52 Week Range: $20.54 - $29.80
Sales & Book Value:
- Trailing P/E Ratio: 31.96
- Foreward P/E Ratio: 1,342.50
- P/E Growth: 2.59
- Annual Revenue: $1.1 billion
- Price / Sales: 1.46
- Book Value: $9.57 per share
- Price / Book: 2.81
- Annual Dividend: $0.04
- Dividend Yield: 0.2%
- EBIDTA: $135.13 million
- Net Margins: 4.56%
- Return on Equity: 10.58%
- Return on Assets: 3.89%
- Debt-to-Equity Ratio: 0.94%
- Current Ratio: 2.25%
- Quick Ratio: 1.77%
- Average Volume: 476,938 shs.
- Beta: 1.61
- Short Ratio: 3.62
Frequently Asked Questions for Actuant Corporation (NYSE:ATU)
What is Actuant Corporation's stock symbol?
Actuant Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATU."
How often does Actuant Corporation pay dividends? What is the dividend yield for Actuant Corporation?
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.
How were Actuant Corporation's earnings last quarter?
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.
When will Actuant Corporation make its next earnings announcement?
Where is Actuant Corporation's stock going? Where will Actuant Corporation's stock price be in 2017?
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.
What are analysts saying about Actuant Corporation stock?
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)
Who are some of Actuant Corporation's key competitors?
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).
Who are Actuant Corporation's key executives?
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
Who owns Actuant Corporation stock?
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.
Who sold Actuant Corporation stock? Who is selling Actuant Corporation stock?
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.
Who bought Actuant Corporation stock? Who is buying Actuant Corporation stock?
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.
How do I buy Actuant Corporation stock?
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.
What is Actuant Corporation's stock price today?
MarketBeat Community Rating for Actuant Corporation (NYSE ATU)MarketBeat's community ratings are surveys of what our community members think about Actuant Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Actuant Corporation stock can currently be purchased for approximately $26.85.
Consensus Ratings for Actuant Corporation (NYSE:ATU) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 7 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$25.88 (3.63% downside)|
Analysts' Ratings History for Actuant Corporation (NYSE:ATU)
(Data available from 9/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/18/2017||KeyCorp||Reiterated Rating||Buy||$28.00 -> $29.00||Medium|
|8/21/2017||Wolfe Research||Downgrade||Market Perform -> Underperform||High|
|8/18/2017||BMO Capital Markets||Boost Price Target||Market Perform||$22.00 -> $23.00||Low|
|6/22/2017||Gabelli||Upgrade||Hold -> Buy||High|
|6/22/2017||Stifel Nicolaus||Lower Price Target||Hold||$28.00 -> $26.00||High|
|6/22/2017||Barclays PLC||Upgrade||Underweight -> Equal Weight||$20.00||High|
|6/21/2017||J P Morgan Chase & Co||Upgrade||Underweight -> Neutral||$23.00 -> $21.00||High|
|6/6/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$28.00||Medium|
|3/23/2017||Tudor Pickering||Initiated Coverage||Hold||Medium|
|1/31/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||N/A|
|10/7/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|5/26/2016||Topeka Capital Markets||Initiated Coverage||Hold||$26.00||N/A|
|3/8/2016||SunTrust Banks, Inc.||Downgrade||Buy -> Neutral||$26.00 -> $22.00||N/A|
|1/13/2016||Avondale Partners||Initiated Coverage||Market Perform||$23.00||N/A|
|12/18/2015||Acumen Capital||Initiated Coverage||Speculative Buy||N/A|
Earnings History for Actuant Corporation (NYSE:ATU)Earnings History by Quarter for Actuant Corporation (NYSE ATU)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/21/2017||5/31/2017||$0.31||$0.32||$294.00 million||$295.40 million||View||N/A|
|3/22/2017||2/28/2017||$0.12||$0.11||$250.31 million||$258.90 million||View||N/A|
|12/21/2016||Q117||$0.17||$0.20||$267.86 million||$265.79 million||View||Listen|
|9/28/2016||Q416||$0.30||$0.30||$277.64 million||$275.77 million||View||Listen|
|6/22/2016||Q3||$0.37||$0.40||$295.16 million||$305.30 million||View||Listen|
|3/16/2016||Q216||$0.18||$0.21||$274.54 million||$263.00 million||View||Listen|
|12/17/2015||Q116||$0.24||$0.31||$278.82 million||$305.00 million||View||Listen|
|6/17/2015||Q315||$0.52||$0.63||$322.08 million||$320.10 million||View||Listen|
|3/18/2015||Q2||$0.30||$0.28||$308.58 million||$301.00 million||View||Listen|
|12/18/2014||Q1||$0.43||$0.38||$336.05 million||$327.77 million||View||Listen|
|10/2/2014||Q414||$0.52||$0.47||$355.90 million||$354.35 million||View||Listen|
|6/18/2014||Q314||$0.63||$0.63||$376.43 million||$378.00 million||View||Listen|
|3/19/2014||Q214||$0.32||$0.30||$333.74 million||$327.77 million||View||Listen|
|12/19/2013||Q1||$0.46||$0.44||$334.82 million||$340.00 million||View||Listen|
|10/1/2013||Q413||$0.50||$0.50||$328.79 million||$327.00 million||View||Listen|
|6/19/2013||Q3 2013||$0.66||($1.24)||$343.71 million||$344.21 million||View||Listen|
|3/20/2013||Q2 2013||$0.37||$0.38||$365.66 million||$370.00 million||View||Listen|
|12/19/2012||Q1 2013||$0.50||$0.49||$396.37 million||$377.00 million||View||Listen|
|9/27/2012||Q412||$0.54||$0.55||$409.98 million||$405.00 million||View||N/A|
|12/16/2010||$0.34||$0.36||$318.51 million||$318.41 million||View||N/A|
Earnings Estimates for Actuant Corporation (NYSE:ATU)
2017 EPS Consensus Estimate: $0.82
2018 EPS Consensus Estimate: $1.03
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Actuant Corporation (NYSE:ATU)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||4.88% (Trailing 12 Months of Earnings) |
400.00% (Based on This Year's Estimates)
200.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Actuant Corporation (NYSE ATU)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Actuant Corporation (NYSE:ATU)
Insider Ownership Percentage: 4.00%Insider Trades by Quarter for Actuant Corporation (NYSE:ATU)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/5/2017||Ted Wozniak||VP||Sell||500||$25.33||$12,665.00|| |
|3/30/2017||Ted Wozniak||VP||Sell||1,000||$25.64||$25,640.00|| |
|3/29/2017||Stephen Rennie||VP||Sell||2,647||$25.20||$66,704.40|| |
|1/10/2017||Eugene Edward Skogg||EVP||Sell||4,339||$26.60||$115,417.40|| |
|1/10/2017||Ted Wozniak||VP||Sell||15,000||$26.48||$397,200.00|| |
|1/3/2017||Robert C Arzbaecher||Director||Sell||183,865||$26.36||$4,846,681.40|| |
|12/30/2016||Ted Wozniak||VP||Sell||5,000||$26.04||$130,200.00|| |
|12/27/2016||Robert C Arzbaecher||Insider||Sell||11,900||$26.73||$318,087.00|| |
|12/27/2016||Thomas J Fischer||Director||Sell||8,000||$26.92||$215,360.00|| |
|10/13/2016||Randal W Baker||CEO||Buy||15,000||$22.30||$334,500.00|| |
|10/11/2016||Randal W Baker||CEO||Buy||10,000||$22.55||$225,500.00|| |
|7/11/2016||Randal W Baker||CEO||Buy||10,795||$23.14||$249,796.30|| |
|4/4/2016||Eugene Edward Skogg||EVP||Buy||10,000||$24.46||$244,600.00|| |
|4/4/2016||Mark Sefcik||VP||Buy||6,500||$24.50||$159,250.00|| |
|4/4/2016||Randal W Baker||CEO||Buy||4,061||$24.63||$100,022.43|| |
|3/30/2016||Matthew Pauli||Insider||Sell||1,934||$24.92||$48,195.28|| |
|1/6/2016||Eugene Edward Skogg||EVP||Buy||5,000||$23.95||$119,750.00|| |
|1/4/2016||Andrew Lampereur||CFO||Buy||36,400||$23.65||$860,860.00|| |
|1/4/2016||Eugene Edward Skogg||EVP||Buy||20,000||$23.75||$475,000.00|| |
|12/23/2015||Robert C. Arzbaecher||CEO||Buy||210,000||$23.71||$4,979,100.00|| |
|12/22/2015||Andrew Lampereur||CFO||Buy||20,000||$23.12||$462,400.00|| |
|12/22/2015||Eugene Edward Skogg||EVP||Buy||5,000||$23.68||$118,400.00|| |
|10/30/2015||Andrew Lampereur||CFO||Buy||6,000||$22.71||$136,260.00|| |
|10/30/2015||Ted Wozniak||VP||Buy||5,300||$22.63||$119,939.00|| |
|10/29/2015||Eugene Edward Skogg||EVP||Buy||4,438||$22.53||$99,988.14|| |
|10/27/2015||Andrew Lampereur||CFO||Buy||24,900||$21.75||$541,575.00|| |
|10/27/2015||Brian Kobylinski||VP||Buy||30,000||$21.14||$634,200.00|| |
|10/26/2015||Eugene Edward Skogg||EVP||Buy||8,076||$21.50||$173,634.00|| |
|10/26/2015||Roger Roundhouse||VP||Buy||9,200||$21.74||$200,008.00|| |
|4/6/2015||Matthew Pauli||Insider||Sell||5,117||$24.12||$123,422.04|| |
|12/23/2014||Mark Goldstein||CEO||Buy||2,500||$27.00||$67,500.00|| |
|10/13/2014||Thomas J Fischer||Director||Sell||12,000||$29.07||$348,840.00|| |
|9/30/2014||Robert C Arzbaecher||Director||Sell||69,132||$30.80||$2,129,265.60|| |
|6/25/2014||William K Hall||Director||Sell||37,720||$33.80||$1,274,936.00|| |
|6/24/2014||Robert C Arzbaecher||Director||Sell||100,000||$33.89||$3,389,000.00|| |
|4/17/2014||Andrew Lampereur||CFO||Sell||40,000||$35.00||$1,400,000.00|| |
|4/17/2014||Mark Goldstein||CEO||Sell||24,000||$35.00||$840,000.00|| |
|4/7/2014||Mark Goldstein||CEO||Sell||24,000||$34.08||$817,920.00|| |
|4/4/2014||William Blackmore||VP||Sell||15,157||$35.49||$537,921.93|| |
|4/1/2014||Ted Wozniak||VP||Sell||9,000||$34.32||$308,880.00|| |
|3/27/2014||R Alan Hunter, Jr.||Director||Sell||2,000||$32.98||$65,960.00|| |
|3/25/2014||Robert Arzbaecher||Director||Sell||166,650||$33.54||$5,589,441.00|| |
|1/13/2014||Robert Arzbaecher||CEO||Sell||166,666||$35.99||$5,998,309.34|| |
|1/8/2014||Mark Sefcik||VP||Buy||7,000||$35.93||$251,510.00|| |
|12/30/2013||Robert Arzbaecher||CEO||Sell||106,212||$36.50||$3,876,738.00|| |
|12/26/2013||Robert Arzbaecher||CEO||Sell||130,454||$36.70||$4,787,661.80|| |
|10/29/2013||Robert C Arzbaecher||CEO||Sell||71,404||$38.08||$2,719,064.32|| |
|10/28/2013||Robert C Arzbaecher||CEO||Sell||158,596||$38.10||$6,042,507.60|| |
|10/17/2013||David L Scheer||VP||Sell||2,200||$37.72||$82,984.00|| |
|10/14/2013||William Blackmore||VP||Sell||50,400||$37.50||$1,890,000.00|| |
|10/11/2013||Andrew Lampereur||CFO||Sell||28,048||$37.51||$1,052,080.48|| |
|10/11/2013||Ted Wozniak||VP||Sell||17,500||$37.62||$658,350.00|| |
|10/10/2013||Brian Kobylinski||VP||Sell||30,412||$37.17||$1,130,414.04|| |
|10/8/2013||Robert Peterson||Director||Sell||20,000||$37.52||$750,400.00|| |
|10/7/2013||Brian Kobylinski||VP||Sell||5,740||$38.00||$218,120.00|| |
|7/19/2013||Robert C Arzbaecher||CEO||Sell||16,034||$35.03||$561,671.02|| |
|7/18/2013||Robert C Arzbaecher||CEO||Sell||81,751||$35.06||$2,866,190.06|| |
|7/15/2013||Robert C Arzbaecher||CEO||Sell||98,390||$35.30||$3,473,167.00|| |
|7/10/2013||Robert C Arzbaecher||CEO||Sell||46,585||$35.02||$1,631,406.70|| |
|7/5/2013||William K Hall||Director||Sell||25,000||$34.37||$859,250.00|| |
|6/27/2013||Gustav Boel||VP||Sell||20,000||$33.12||$662,400.00|| |
|6/25/2013||Ted Wozniak||VP||Sell||12,000||$31.81||$381,720.00|| |
|12/26/2012||Brian Kobylinski||VP||Sell||25,000||$27.60||$690,000.00|| |
|12/26/2012||Mark Goldstein||COO||Sell||48,000||$27.61||$1,325,280.00|| |
|10/10/2012||Sheri Grissom||VP||Buy||1,826||$27.97||$51,073.22|| |
|10/4/2012||Robert A Peterson||Director||Sell||12,000||$28.64||$343,680.00|| |
Headline Trends for Actuant Corporation (NYSE:ATU)
Latest Headlines for Actuant Corporation (NYSE:ATU)
Actuant Corporation (ATU) Chart for Friday, September, 22, 2017