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. Stockholders 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 annualized dividend and a dividend yield of 0.66%. 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 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.01. The business earned $295.40 million during the quarter, compared to the consensus estimate of $294 million. Actuant Corporation had a net margin of 4.56% and a return on equity of 10.58%. The company's quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.40 EPS. View Actuant Corporation's Earnings History.

Actuant Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, September, 26th 2017. View Earnings Estimates for Actuant Corporation.

Actuant Corporation issued an update on 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 EPS 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 analysts have issued 12-month target prices for Actuant Corporation's shares. Their predictions range from $20.00 to $32.00. On average, they anticipate Actuant Corporation's stock price to reach $26.50 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, "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 Manitowoc Food Service (WBT), 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 Corporation (SPXC), SPX Corp (SPXC), American Outdoor Brands Corporation (AOBC), Hill & Smith Holdings PLC (HILS), Morgan Advanced Materials PLC (MGAM), Park-Ohio Holdings Corp. (PKOH), Gooch & Housego plc (GHH) and Trifast plc (TRI).

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 a variety of of retail and institutional investors. Top institutional investors include SeaBridge Investment Advisors LLC (0.17%), Louisiana State Employees Retirement System (0.04%), Aperio Group LLC (0.03%), Nisa Investment Advisors LLC (0.03%), State of Alaska Department of Revenue (0.02%) and Capstone Asset Management Co. (0.02%). 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 SeaBridge Investment Advisors LLC and Capstone Asset Management 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 CHICAGO TRUST Co NA, State of Alaska Department of Revenue, Aperio Group LLC, Nisa Investment Advisors LLC, Louisiana State Employees Retirement System and US Bancorp DE. 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 $24.10.