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 0.70%. The ex-dividend date is Thursday, September 28th. View Actuant Corporation's Dividend History.

Actuant Corporation (NYSE:ATU) posted its earnings results on Wednesday, June, 21st. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks' 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 return on equity of 10.58% and a net margin of 4.56%. Actuant Corporation's quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous 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.

Actuant Corporation updated its FY17 earnings guidance on Wednesday, June, 21st. The company provided EPS guidance of $0.82-0.87 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.97. The company issued revenue guidance of $1.08-1.09 billion, compared to the consensus revenue estimate of $1.09 billion.

12 brokers have issued 1-year target prices for Actuant Corporation's shares. Their predictions range from $20.00 to $32.00. On average, they expect Actuant Corporation's stock price to reach $26.50 in the next twelve months. View Analyst Ratings for Actuant Corporation.

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

• 1. According to Zacks Investment Research, "Over the last one month, Actuant's shares have underperformed and look overvalued compared to the Zacks classified Machine-Tools & Related Products industry. Weaker upstream offshore sales, as well as weaker customer spending and maintenance activities are expected to weigh over the performance of Actuant's energy businesses in the upcoming quarters. Moreover, other headwinds such as sturdy industry rivalry, a stronger U.S. dollar or short-term costs associated with investments might hurt near-term results. Based on the existing market conditions, the company trimmed its fiscal third-quarter earnings outlook within the $0.30-$0.33 per share range, as against the prior range of $0.38-$0.43. Over the last 30 days, the Zacks Consensus Estimate for the stock moved south for both fiscal 2017 and 2018." (6/12/2017)
• 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 KLX (KLXI), Rexnord Corporation (RXN), Hillenbrand (HI), Proto Labs (PRLB), MUELLER WATER PRODUCTS (MWA), SPX FLOW (FLOW), Kaman Corporation (KAMN), Comfort Systems USA (FIX), Milacron Holdings Corp. (MCRN), SPX Corp (SPXC), SPX Corporation (SPXC), Hill & Smith Holdings PLC (HILS), American Outdoor Brands Corporation (AOBC), Morgan Advanced Materials PLC (MGAM), Park-Ohio Holdings Corp. (PKOH), Gooch & Housego plc (GHH), Trifast plc (TRI) and Kromek Group PLC (KMK).

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
• Eugene Edward Skogg, Executive Vice President of Global Human Resources
• Kenneth 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

Actuant Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 $22.90.