Actuant Corporation (ATU) Position Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in Actuant Corporation (NYSE:ATU) by 8.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,158,705 shares of the industrial products company’s stock after purchasing an additional 166,482 shares during the period. Dimensional Fund Advisors LP owned approximately 3.62% of Actuant Corporation worth $53,104,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Blair William & Co. IL increased its position in shares of Actuant Corporation by 1.1% in the second quarter. Blair William & Co. IL now owns 10,305 shares of the industrial products company’s stock worth $254,000 after purchasing an additional 109 shares during the period. US Bancorp DE increased its position in shares of Actuant Corporation by 3.2% in the second quarter. US Bancorp DE now owns 6,173 shares of the industrial products company’s stock worth $152,000 after purchasing an additional 190 shares during the period. Louisiana State Employees Retirement System increased its position in shares of Actuant Corporation by 0.8% in the second quarter. Louisiana State Employees Retirement System now owns 24,300 shares of the industrial products company’s stock worth $598,000 after purchasing an additional 200 shares during the period. Arizona State Retirement System increased its position in shares of Actuant Corporation by 1.0% in the second quarter. Arizona State Retirement System now owns 31,145 shares of the industrial products company’s stock worth $766,000 after purchasing an additional 300 shares during the period. Finally, Amalgamated Bank increased its position in shares of Actuant Corporation by 4.0% in the second quarter. Amalgamated Bank now owns 8,183 shares of the industrial products company’s stock worth $201,000 after purchasing an additional 314 shares during the period.

In other Actuant Corporation news, VP Ted Wozniak sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $26.19, for a total value of $130,950.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.00% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Actuant Corporation (ATU) Position Lifted by Dimensional Fund Advisors LP” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://ledgergazette.com/2017/10/19/actuant-corporation-atu-position-lifted-by-dimensional-fund-advisors-lp.html.

Actuant Corporation (NYSE ATU) opened at 26.15 on Thursday. Actuant Corporation has a 52-week low of $21.40 and a 52-week high of $29.80. The company’s market cap is $1.56 billion. The firm has a 50-day moving average price of $25.73 and a 200-day moving average price of $25.15.

Actuant Corporation (NYSE:ATU) last released its quarterly earnings results on Wednesday, September 27th. The industrial products company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). Actuant Corporation had a negative net margin of 6.04% and a positive return on equity of 9.43%. The business had revenue of $275.70 million during the quarter, compared to analysts’ expectations of $265.33 million. During the same period in the previous year, the business earned $0.30 EPS. The business’s revenue was up .0% on a year-over-year basis. On average, analysts forecast that Actuant Corporation will post $0.01 EPS for the current year.

A number of research analysts recently commented on ATU shares. J P Morgan Chase & Co upgraded Actuant Corporation from an “underweight” rating to a “neutral” rating and decreased their price target for the stock from $23.00 to $21.00 in a research report on Wednesday, June 21st. Barclays PLC upgraded Actuant Corporation from an “underweight” rating to an “equal weight” rating and set a $20.00 price target on the stock in a research report on Thursday, June 22nd. Stifel Nicolaus decreased their price target on Actuant Corporation from $28.00 to $26.00 and set a “hold” rating on the stock in a research report on Thursday, June 22nd. Gabelli upgraded Actuant Corporation from a 

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Blair William & Co. IL increased its position in shares of Actuant Corporation by 1.1% in the second quarter. Blair William & Co. IL now owns 10,305 shares of the industrial products company’s stock worth $254,000 after purchasing an additional 109 shares during the period. US Bancorp DE increased its position in shares of Actuant Corporation by 3.2% in the second quarter. US Bancorp DE now owns 6,173 shares of the industrial products company’s stock worth $152,000 after purchasing an additional 190 shares during the period. Louisiana State Employees Retirement System increased its position in shares of Actuant Corporation by 0.8% in the second quarter. Louisiana State Employees Retirement System now owns 24,300 shares of the industrial products company’s stock worth $598,000 after purchasing an additional 200 shares during the period. Arizona State Retirement System increased its position in shares of Actuant Corporation by 1.0% in the second quarter. Arizona State Retirement System now owns 31,145 shares of the industrial products company’s stock worth $766,000 after purchasing an additional 300 shares during the period. Finally, Amalgamated Bank increased its position in shares of Actuant Corporation by 4.0% in the second quarter. Amalgamated Bank now owns 8,183 shares of the industrial products company’s stock worth $201,000 after purchasing an additional 314 shares during the period.

In other Actuant Corporation news, VP Ted Wozniak sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $26.19, for a total value of $130,950.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.00% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Actuant Corporation (ATU) Position Lifted by Dimensional Fund Advisors LP” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://ledgergazette.com/2017/10/19/actuant-corporation-atu-position-lifted-by-dimensional-fund-advisors-lp.html.

Actuant Corporation (NYSE ATU) opened at 26.15 on Thursday. Actuant Corporation has a 52-week low of $21.40 and a 52-week high of $29.80. The company’s market cap is $1.56 billion. The firm has a 50-day moving average price of $25.73 and a 200-day moving average price of $25.15.

Actuant Corporation (NYSE:ATU) last released its quarterly earnings results on Wednesday, September 27th. The industrial products company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). Actuant Corporation had a negative net margin of 6.04% and a positive return on equity of 9.43%. The business had revenue of $275.70 million during the quarter, compared to analysts’ expectations of $265.33 million. During the same period in the previous year, the business earned $0.30 EPS. The business’s revenue was up .0% on a year-over-year basis. On average, analysts forecast that Actuant Corporation will post $0.01 EPS for the current year.

A number of research analysts recently commented on ATU shares. J P Morgan Chase & Co upgraded Actuant Corporation from an “underweight” rating to a “neutral” rating and decreased their price target for the stock from $23.00 to $21.00 in a research report on Wednesday, June 21st. Barclays PLC upgraded Actuant Corporation from an “underweight” rating to an “equal weight” rating and set a $20.00 price target on the stock in a research report on Thursday, June 22nd. Stifel Nicolaus decreased their price target on Actuant Corporation from $28.00 to $26.00 and set a “hold” rating on the stock in a research report on Thursday, June 22nd. Gabelli upgraded Actuant Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Finally, Wolfe Research started coverage on Actuant Corporation in a research report on Tuesday, July 11th. They issued a “market perform” rating on the stock. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $25.44.

Actuant Corporation Company Profile

Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company operates through three segments: Industrial, Energy and Engineered Solutions. 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.

Institutional Ownership by Quarter for Actuant Corporation (NYSE:ATU)

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