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Actuant Corp (ATU.N)

ATU.N on New York Stock Exchange

26.19USD
16 Sep 2019
Change (% chg)

$-0.02 (-0.08%)
Prev Close
$26.21
Open
$26.11
Day's High
$26.23
Day's Low
$25.75
Volume
115,467
Avg. Vol
104,778
52-wk High
$30.95
52-wk Low
$19.08

Latest Key Developments (Source: Significant Developments)

Actuant To Sell EC&S To One Rock Capital Partners For $214.5 Million
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Actuant Corp ::ACTUANT TAKES NEXT STEPS IN TRANSFORMATION INTO A LEADING GLOBAL INDUSTRIAL TOOLS AND SERVICES COMPANY.ACTUANT CORP - CONTINUES TO EXECUTE STRATEGIC PLAN TO BECOME PREMIER PURE PLAY INDUSTRIAL TOOLS & SERVICES COMPANY.ACTUANT CORP - CONTINUES TO EXECUTE STRATEGIC PLAN TO BECOME PREMIER PURE PLAY INDUSTRIAL TOOLS & SERVICES COMPANY.ACTUANT CORP - ENTERS INTO AGREEMENT TO SELL EC&S TO ONE ROCK CAPITAL PARTNERS.ACTUANT CORP - ENTERS INTO AGREEMENT TO SELL EC&S TO ONE ROCK CAPITAL PARTNERS.ACTUANT CORP - PROPOSED DEAL FOR $214.5 MILLION.ACTUANT CORP - DISCONTINUED OPERATIONS AND UPDATED Q4 2019 OUTLOOK FOR CONTINUING OPERATIONS.ACTUANT CORP - COMPANY IS MAINTAINING ITS OUTLOOK PROVIDED ON JUNE 26, 2019.ACTUANT - WILL BEGIN REPORTING RESULTS OF EC&S SEGMENT (OTHER THAN CORTLAND U.S. BUSINESS) AS DISCONTINUED OPERATIONS BEGINNING WITH FISCAL Q4 2019.ACTUANT CORP SEES FY SALES: $664 TO $669 MILLION, WITH ANNUAL CORE SALES GROWTH BETWEEN 4% AND 8%.ACTUANT CORP SEES Q4 SALES $167 MILLION TO $173 MILLION.ACTUANT CORP - SEES FY ADJUSTED EPS OF BETWEEN $0.71 AND $0.75.ACTUANT CORP - SEES FY ADJUSTED EBITDA OF $99 TO $102 MILLION.ACTUANT CORP - COMPANY ENTERED INTO A SECURITIES PURCHASE AGREEMENT WITH AN AFFILIATE OF ONE ROCK CAPITAL PARTNERS, LLC.ACTUANT CORP - AFFILIATE OF ONE ROCK WILL ACQUIRE ENGINEERED COMPONENTS & SYSTEMS SEGMENT.ACTUANT CORP - ANTICIPATES RECORDING A NON-CASH IMPAIRMENT & DIVESTITURE CHARGE OF APPROXIMATELY $300 MILLION IN Q4 OF FISCAL 2019.  Full Article

Actuant Q3 GAAP Earnings Per Share $0.52
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Actuant Corp ::ACTUANT REPORTS THIRD QUARTER 2019 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.45.Q3 GAAP EARNINGS PER SHARE $0.52.Q3 SALES $295.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $301.2 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.40 -- REFINITIV IBES DATA.SEES Q4 ADJUSTED EARNINGS PER SHARE $0.25 TO $0.31.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $1.15 TO $1.21.SEES Q4 SALES $265 MILLION TO $275 MILLION.SEES FY 2019 SALES $1.125 BILLION TO $1.135 BILLION.Q4 EARNINGS PER SHARE VIEW $0.31, REVENUE VIEW $292.5 MILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $1.17, REVENUE VIEW $1.16 BILLION -- REFINITIV IBES DATA.  Full Article

Actuant Announces Completion Of Debt Refinancing
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Actuant Corp ::ACTUANT ANNOUNCES COMPLETION OF DEBT REFINANCING.ACTUANT CORP - PROCEEDS FROM REFINANCING WILL BE USED TO RETIRE EXISTING $300 MILLION TERM LOAN DUE MAY 2020.ACTUANT - NEW FACILITY INCLUDES REDUCTION IN PRICING, EXPANSION OF REVOLVING CREDIT FACILITY TO $400 MILLION, & A MARCH 2024 MATURITY DATE.ACTUANT CORP - BORROWING CAPACITY AND OUTSTANDING DEBT WILL NOT CHANGE AS A RESULT OF NEW AGREEMENT.  Full Article

Actuant To Divest Engineered Components & Systems Segment
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Actuant Corp ::ACTUANT TO BECOME PREMIER INDUSTRIAL TOOL COMPANY.ACTUANT CORP - INITIATES PROCESS TO DIVEST ENGINEERED COMPONENTS & SYSTEMS SEGMENT.ACTUANT CORP - INTENDS TO SOLELY FOCUS ON ITS INDUSTRIAL TOOLS & SERVICES SEGMENT.ACTUANT - PERFORMING IMPAIRMENT ANALYSES OF EC&S LONG-LIVED ASSETS WHICH COULD RESULT IN RECORDING NON-CASH IMPAIRMENT CHARGES IN FUTURE PERIODS.ACTUANT CORP - REITERATED ITS EXISTING CAPITAL ALLOCATION STRATEGY.  Full Article

Actuant Q4 Adjusted Earnings Per Share $0.39 Excluding Items
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Actuant Corp ::ACTUANT REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; INITIATED FISCAL 2019 GUIDANCE.SEES Q1 ADJUSTED EARNINGS PER SHARE $0.20 TO $0.25.Q4 ADJUSTED EARNINGS PER SHARE $0.39 EXCLUDING ITEMS.Q4 SALES $301 MILLION VERSUS I/B/E/S VIEW $290.7 MILLION.Q4 EARNINGS PER SHARE VIEW $0.35 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $1.09 TO $1.20 EXCLUDING ITEMS.Q4 LOSS PER SHARE $0.62.SEES Q1 SALES $295 MILLION TO $305 MILLION.SEES FY 2019 SALES $1.21 BILLION TO $1.24 BILLION.Q1 EARNINGS PER SHARE VIEW $0.26, REVENUE VIEW $295.8 MILLION -- THOMSON REUTERS I/B/E/S.FY2019 EARNINGS PER SHARE VIEW $1.27, REVENUE VIEW $1.21 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Actuant Reports Q1 GAAP Earnings Per Share $0.09
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Actuant Corp ::ACTUANT REPORTS FIRST QUARTER RESULTS; REAFFIRMS FISCAL 2018 GUIDANCE.SEES Q2 ADJUSTED EARNINGS PER SHARE $0.10 TO $0.15.Q1 ADJUSTED EARNINGS PER SHARE $0.19 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $0.09.SEES Q2 SALES $265 MILLION TO $275 MILLION.Q1 SALES $289 MILLION VERSUS I/B/E/S VIEW $268.3 MILLION.Q1 EARNINGS PER SHARE VIEW $0.17 -- THOMSON REUTERS I/B/E/S.REAFFIRMS FY 2018 ADJUSTED EARNINGS PER SHARE VIEW $1.05 TO $1.15 EXCLUDING ITEMS.SEES FY 2018 SALES $1.1 BILLION TO $1.13 BILLION."Q2 OUTLOOK INCORPORATES NORMAL SEASONAL SLOWDOWN EXPERIENCED ACROSS NEARLY ALL OF OUR BUSINESSES".  Full Article

CORRECTED-(OFFICIAL)-BRIEF-Actuant To Sell EC&S To One Rock Capital Partners For $214.5 Million (July 9)

* ACTUANT TAKES NEXT STEPS IN TRANSFORMATION INTO A LEADING GLOBAL INDUSTRIAL TOOLS AND SERVICES COMPANY