Dimensional Fund Advisors LP Buys 5,406 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

Dimensional Fund Advisors LP increased its stake in Enerpac Tool Group Corp. (NYSE:EPAC – Get Rating) by 0.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,559,658 shares of the company’s stock after purchasing an additional 5,406 shares during the period. Dimensional Fund Advisors LP owned approximately 2.74% of Enerpac Tool Group worth $27,810,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. AMG National Trust Bank increased its position in shares of Enerpac Tool Group by 1.3% in the third quarter. AMG National Trust Bank now owns 48,193 shares of the company’s stock worth $859,000 after purchasing an additional 596 shares during the period. Bank of Montreal Can boosted its stake in Enerpac Tool Group by 4.0% in the first quarter. Bank of Montreal Can now owns 21,040 shares of the company’s stock valued at $455,000 after buying an additional 809 shares in the last quarter. Texas Permanent School Fund boosted its stake in Enerpac Tool Group by 2.3% in the second quarter. Texas Permanent School Fund now owns 43,765 shares of the company’s stock valued at $832,000 after buying an additional 1,002 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Enerpac Tool Group by 58.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,942 shares of the company’s stock valued at $52,000 after buying an additional 1,085 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Enerpac Tool Group by 7.6% in the second quarter. Cerity Partners LLC now owns 15,343 shares of the company’s stock valued at $291,000 after buying an additional 1,088 shares in the last quarter. Institutional investors own 97.96% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered Enerpac Tool Group from a “b-” rating to a “c” rating in a research note on Wednesday, December 21st.

Enerpac Tool Group Stock Performance

NYSE:EPAC opened at $28.46 on Friday. The stock’s 50-day simple moving average is $26.08 and its 200 day simple moving average is $23.57. Enerpac Tool Group Corp. has a twelve month low of $16.09 and a twelve month high of $28.57. The firm has a market capitalization of $1.62 billion, a PE ratio of 76.92 and a beta of 1.36. The company has a quick ratio of 1.70, a current ratio of 2.29 and a debt-to-equity ratio of 0.60.

Enerpac Tool Group (NYSE:EPAC – Get Rating) last announced its quarterly earnings results on Tuesday, December 20th. The company reported $0.29 EPS for the quarter. Enerpac Tool Group had a return on equity of 15.80% and a net margin of 3.71%. The firm had revenue of $139.38 million for the quarter.

About Enerpac Tool Group

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Enerpac Tool Group Corp. is a diversified industrial company. The firm engages in the design, manufacture, and distribution of industrial products and systems to various end markets. It operates through the following segments: Industrial Tools and Services, and Other. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including the industrial, energy, mining, and production automation markets.