$0.21 EPS Expected for Actuant Corporation (ATU)

August 29, 2017 – By Darrin Black

Investors sentiment decreased to 1.12 in 2016 Q4. Its down 0.16, from 1.28 in 2016Q3. It fall, as 25 investors sold Actuant Corporation shares while 51 reduced holdings. 33 funds opened positions while 52 raised stakes. 59.93 million shares or 1.53% less from 60.86 million shares in 2016Q3 were reported.
Moreover, Credit Suisse Ag has 0% invested in Actuant Corporation (NYSE:ATU) for 108,794 shares. Pennsylvania-based Philadelphia Tru Com has invested 0.11% in Actuant Corporation (NYSE:ATU). Mason Street Advisors Limited Liability has invested 0.01% in Actuant Corporation (NYSE:ATU). Financial Bank Of America De stated it has 0% of its portfolio in Actuant Corporation (NYSE:ATU). 214,838 are held by Systematic Financial Mgmt Limited Partnership. Gotham Asset Mngmt Limited Company has 0.01% invested in Actuant Corporation (NYSE:ATU). The Georgia-based Invesco Ltd has invested 0% in Actuant Corporation (NYSE:ATU). Tiaa Cref Inv Mgmt Llc invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). Peak6 Limited Partnership has 530 shares for 0% of their portfolio. Cipher Cap Lp stated it has 203,263 shares or 0.35% of all its holdings. Fmr Ltd Liability Corporation holds 0% of its portfolio in Actuant Corporation (NYSE:ATU) for 217,400 shares. Wcm Inv Mgmt Ca invested in 0.01% or 28,022 shares. Citigroup holds 95,968 shares or 0% of its portfolio. Renaissance Techs Llc holds 0% or 58,700 shares. Mairs Pwr holds 0.13% of its portfolio in Actuant Corporation (NYSE:ATU) for 402,800 shares.

Since March 29, 2017, it had 0 buys, and 3 insider sales for $105,009 activity. Another trade for 2,647 shares valued at $66,704 was sold by Rennie Stephen. 500 shares were sold by Wozniak Ted, worth $12,665 on Wednesday, April 5.

Investors wait Actuant Corporation (NYSE:ATU) to report on September, 27 before the open. its quarterly earnings Wall Street analysts expect $0.21 earnings per share, down $0.09 or 30.00 % from last year’s $0.3 same quarter earnings. This translates into $12.57 million profit for ATU giving the stock a 27.44 P/E. This is assuming the current $0.21 EPS is accurate. Actuant Corporation’s Wall Street analysts see -34.38 % negative EPS growth, taking into account the $0.32 EPS reproted in the previous quarter, About 42,337 shares traded. Actuant Corporation (NYSE:ATU) has risen 0.16% since August 29, 2016 and is uptrending. It has underperformed by 16.54% the S&P500.

Actuant Corporation (NYSE:ATU) Ratings Coverage

Among 18 analysts covering Actuant (NYSE:ATU), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Actuant had 34 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Actuant Corporation (NYSE:ATU) earned “Hold” rating by Topeka Capital Markets on Thursday, May 26. Gabelli downgraded Actuant Corporation (NYSE:ATU) on Tuesday, March 15 to “Hold” rating. BMO Capital Markets maintained Actuant Corporation (NYSE:ATU) rating on Wednesday, June 21. BMO Capital Markets has “Hold” rating and $2200 target. As per Sunday, August 20, the company rating was maintained by Stifel Nicolaus. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, August 18. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, March 10. The company was upgraded on Monday, November 14 by Robert W. Baird. As per Tuesday, July 25, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Actuant Corporation (NYSE:ATU) on Thursday, June 23 with “Outperform” rating. RBC Capital Markets maintained it with “Hold” rating and $2800 target in Monday, June 5 report.

Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The company has market cap of $1.38 billion. The Firm operates through three divisions: Industrial, Energy and Engineered Solutions. It has a 27.59 P/E ratio. 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.

Another recent and important Actuant Corporation (NYSE:ATU) news was published by Twst.com which published an article titled: “Actuant Corporation: Actuant Signs Agreements to Divest Viking SeaTech and …” on August 16, 2017.