How Analysts Feel About Actuant Corporation (NYSE:ATU)?

January 14, 2018 - By Maria Brooks

 How Analysts Feel About Actuant Corporation (NYSE:ATU)?
Investors sentiment decreased to 1.37 in 2017 Q3. Its down 0.35, from 1.72 in 2017Q2. It is negative, as 13 investors sold Actuant Corporation shares while 47 reduced holdings. 22 funds opened positions while 60 raised stakes. 62.75 million shares or 3.05% less from 64.72 million shares in 2017Q2 were reported.
First Manhattan holds 0.01% or 42,643 shares in its portfolio. State Of Tennessee Treasury Department, Tennessee-based fund reported 52,639 shares. California State Teachers Retirement Systems reported 0.01% in Actuant Corporation (NYSE:ATU). Pacad Inv Limited holds 11,980 shares or 0.07% of its portfolio. D E Shaw Inc holds 0.01% of its portfolio in Actuant Corporation (NYSE:ATU) for 249,594 shares. Ny State Common Retirement Fund owns 62,900 shares or 0% of their US portfolio. California Employees Retirement System stated it has 0.01% of its portfolio in Actuant Corporation (NYSE:ATU). Ironwood Invest Counsel Ltd Liability invested 0.16% of its portfolio in Actuant Corporation (NYSE:ATU). Raymond James Na holds 0.03% of its portfolio in Actuant Corporation (NYSE:ATU) for 16,830 shares. Profund Advisors Limited Liability holds 10,097 shares. Suffolk Capital Mgmt Ltd accumulated 0.15% or 43,402 shares. Omers Administration has 0% invested in Actuant Corporation (NYSE:ATU) for 16,072 shares. The United Kingdom-based Mondrian Prns Limited has invested 0.44% in Actuant Corporation (NYSE:ATU). Employees Retirement Association Of Colorado has invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). Wedge Capital Management L L P Nc has 1.00M shares for 0.24% of their portfolio.

Since September 28, 2017, it had 0 insider buys, and 2 insider sales for $153,218 activity. The insider Wozniak Ted sold 5,000 shares worth $130,950.

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 44 analyst reports since August 26, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, December 20 report. The stock of Actuant Corporation (NYSE:ATU) earned “Hold” rating by Gabelli on Tuesday, March 15. The company was maintained on Tuesday, July 25 by RBC Capital Markets. RBC Capital Markets maintained the shares of ATU in report on Thursday, June 23 with “Outperform” rating. BMO Capital Markets maintained Actuant Corporation (NYSE:ATU) on Wednesday, June 21 with “Hold” rating. SunTrust maintained the shares of ATU in report on Thursday, September 28 with “Hold” rating. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, October 7 report. The firm has “Market Perform” rating given on Tuesday, April 5 by BMO Capital Markets. The stock of Actuant Corporation (NYSE:ATU) has “Hold” rating given on Thursday, June 22 by Stifel Nicolaus. The firm earned “Hold” rating on Friday, March 24 by Tudor Pickering. Below is a list of Actuant Corporation (NYSE:ATU) latest ratings and price target changes.

20/12/2017 Broker: RBC Capital Markets Rating: Hold New Target: $26.0 Maintain
20/12/2017 Broker: BMO Capital Markets Rating: Hold New Target: $24.0 Maintain
14/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $25.0 Maintain
31/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $27.0 Maintain
24/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $24.0 Maintain
28/09/2017 Broker: SunTrust Rating: Hold New Target: $23.0 Maintain
27/09/2017 Broker: BMO Capital Markets Rating: Hold New Target: $25.0 Maintain
28/09/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $26 New Target: $27 Maintain
18/09/2017 Broker: KeyBanc Capital Markets Rating: Overweight Old Target: $28 New Target: $29 Maintain
12/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $24.0 Maintain

The stock decreased 0.59% or $0.15 during the last trading session, reaching $25.45. About 450,291 shares traded or 6.83% up from the average. Actuant Corporation (NYSE:ATU) has risen 0.16% since January 14, 2017 and is uptrending. It has underperformed by 16.54% the S&P500.

Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide. The company has market cap of $1.53 billion. It operates through three divisions: Industrial, Energy, and Engineered Solutions. It currently has negative earnings. The 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 under the Enerpac, Simplex, Precision-Hayes, Milwaukee Cylinder, and Larzep brand names.

More recent Actuant Corporation (NYSE:ATU) news were published by: Nasdaq.com which released: “Actuant Corp. Reveals 5% Decline In Q1 Profit” on December 20, 2017. Also Businesswire.com published the news titled: “Actuant Reports First Quarter Results; Reaffirms Fiscal 2018 Guidance” on December 20, 2017. Seekingalpha.com‘s news article titled: “Actuant’s (ATU) CEO Randy Baker on Q1 2018 Results – Earnings Call Transcript” with publication date: December 20, 2017 was also an interesting one.

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