Actuant Company Profile (NYSE:ATU)

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

Actuant announced a quarterly dividend on Tuesday, July 19th. Stockholders of record on Friday, September 30th will be given a dividend of $0.04 per share on Friday, October 14th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend is Wednesday, September 28th. View Actuant's Dividend History.

Actuant Co. (NYSE:ATU) issued its quarterly earnings data on Wednesday, March, 22nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.01. The firm had revenue of $258.90 million for the quarter, compared to the consensus estimate of $250.31 million. Actuant had a positive return on equity of 12.92% and a negative net margin of 10.42%. The company's revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.07 EPS. View Actuant's Earnings History.

Actuant is scheduled to release their next quarterly earnings announcement on Tuesday, June, 20th 2017. View Earnings Estimates for Actuant.

Actuant updated its FY17 earnings guidance on Wednesday, March, 22nd. The company provided earnings per share (EPS) guidance of $1.10-1.20 for the period, compared to the Thomson Reuters consensus estimate of $1.14. The company issued revenue guidance of $1.075-1.125 billion, compared to the consensus revenue estimate of $1.09 billion.Actuant also updated its Q3 guidance to $0.38-0.43 EPS.

9 brokerages have issued 1-year price objectives for Actuant's stock. Their forecasts range from $19.00 to $32.00. On average, they expect Actuant's stock price to reach $26.29 in the next twelve months. View Analyst Ratings for Actuant.

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

• 1. According to Zacks Investment Research, "Over the last one month, Actuant’s shares underperformed and also looks overvalued compared to the Zacks categorized Machine-Tools & Related Products industry. The company reported mixed second-quarter fiscal 2017 results. Quarterly adjusted earnings of $0.11 per share missed the Zacks Consensus Estimate, while revenues surpassed the same by 3.6%. The company is poised to grow on the back of bold restructuring moves, new investments and favorable industrial market conditions. However, challenging conditions prevailing in the oil and gas market remain a major setback. The company narrowed its adjusted earnings guidance and reaffirmed revenue guidance for fiscal 2017." (3/24/2017)
• 2. Wells Fargo & Co 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 include John Bean Technologies Corp (JBT), Polypore International (PPO), Rexnord Corp (RXN), Hillenbrand (HI), Generac Holdings (GNRC), SPX Flow (FLOW), AZZ (AZZ), Tennant Company (TNC), Raven Industries (RAVN), Milacron Holdings Corp (MCRN), SPX (SPXC), Briggs & Stratton Co. (BGG), Kadant (KAI), Thermon Group Holdings (THR), Kornit Digital Ltd (KRNT), Powell Industries (POWL), Luxfer Holdings PLC (LXFR) and Hudson Technologies (HDSN).

Actuant's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Pzena Investment Management LLC (5.53%), First Manhattan Co. (4.11%), Clarkston Capital Partners LLC (3.67%) and Dimensional Fund Advisors LP (0.00%). Company insiders that own Actuant 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.

Actuant's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Morgan Stanley, Wells Fargo & Company MN, Mondrian Investment Partners LTD, Great Lakes Advisors LLC, Quantitative Investment Management LLC, JPMorgan Chase & Co. and Wedge Capital Management L L P NC. Company insiders that have sold Actuant 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.

Actuant's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Jennison Associates LLC, Victory Capital Management Inc., First Manhattan Co., Elk Creek Partners LLC, Vanguard Group Inc., Pzena Investment Management LLC and Aberdeen Asset Management PLC UK. Company insiders that have bought Actuant 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.

Shares of Actuant 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 stock can currently be purchased for approximately $25.60.