Cerity Partners LLC lifted its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC – Get Rating) by 7.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 15,343 shares of the company’s stock after purchasing an additional 1,088 shares during the period. Cerity Partners LLC’s holdings in Enerpac Tool Group were worth $291,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. State of New Jersey Common Pension Fund D grew its holdings in Enerpac Tool Group by 21.0% in the 1st quarter. State of New Jersey Common Pension Fund D now owns 149,009 shares of the company’s stock worth $3,262,000 after acquiring an additional 25,824 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Enerpac Tool Group by 54.3% in the 1st quarter. Victory Capital Management Inc. now owns 31,555 shares of the company’s stock worth $634,000 after acquiring an additional 11,107 shares during the last quarter. Pzena Investment Management LLC grew its holdings in Enerpac Tool Group by 1.2% in the 1st quarter. Pzena Investment Management LLC now owns 3,990,912 shares of the company’s stock worth $87,361,000 after acquiring an additional 48,963 shares during the last quarter. Leeward Investments LLC MA bought a new stake in Enerpac Tool Group in the 1st quarter worth $8,016,000. Finally, Teacher Retirement System of Texas grew its holdings in Enerpac Tool Group by 8.9% in the 1st quarter. Teacher Retirement System of Texas now owns 12,490 shares of the company’s stock worth $273,000 after acquiring an additional 1,019 shares during the last quarter. Institutional investors own 98.34% of the company’s stock.
In other Enerpac Tool Group news, EVP Markus Limberger purchased 3,000 shares of the stock in a transaction that occurred on Wednesday, September 21st. The stock was bought at an average cost of $17.51 per share, with a total value of $52,530.00. Following the transaction, the executive vice president now directly owns 3,000 shares in the company, valued at approximately $52,530. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.
Analyst Ratings Changes
Enerpac Tool Group Trading Down 0.8 %
Shares of EPAC opened at $24.87 on Monday. The firm’s 50-day moving average price is $21.88 and its 200-day moving average price is $20.60. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 85.76 and a beta of 1.42. The company has a current ratio of 2.23, a quick ratio of 1.69 and a debt-to-equity ratio of 0.63. Enerpac Tool Group Corp. has a 1-year low of $16.09 and a 1-year high of $27.37.
Enerpac Tool Group (NYSE:EPAC – Get Rating) last announced its earnings results on Wednesday, September 28th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.11. The firm had revenue of $151.83 million for the quarter, compared to analyst estimates of $147.50 million. Enerpac Tool Group had a net margin of 2.94% and a return on equity of 13.13%. Sell-side analysts anticipate that Enerpac Tool Group Corp. will post 1.2 EPS for the current year.
Enerpac Tool Group Profile
Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, and internationally. It operates through Industrial Tools & Services (IT&S) and Other segments. The IT&S segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.
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