How Does Actuant Corporation Compare to Its Peers?
The price-to-sales ratios of Actuant, Parker-Hannifin, Dover, Curtiss-Wright, and ITT are 1.1x, 1.1x, 1.3x, 1.4x, and 1.3x, respectively.
Actuant Rises despite Lower Income and Revenue in Fiscal 1Q16
After Actuant Corporation’s (ATU) fiscal 1Q16 earnings report, ATU rose by 5.1% to close at $22.91 per share in yesterday’s trade.
Relational Investors goes activist on Manitowoc
Relational Investors LLC was co-founded by Ralph Whitworth and David Batchelder. It filed a 13D with the SEC last week and said it acquired 11.5 million shares, or an 8.52% stake, in Manitowoc (MTW)