New York State Teachers Retirement System Cuts Stock Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

New York State Teachers Retirement System cut its stake in shares of Enerpac Tool Group Corp. (NYSE:EPACFree Report) by 1.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 48,034 shares of the company’s stock after selling 579 shares during the quarter. New York State Teachers Retirement System’s holdings in Enerpac Tool Group were worth $1,493,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. State of Wyoming purchased a new position in Enerpac Tool Group in the fourth quarter valued at approximately $31,000. US Bancorp DE raised its stake in shares of Enerpac Tool Group by 808.7% in the 1st quarter. US Bancorp DE now owns 1,563 shares of the company’s stock valued at $34,000 after acquiring an additional 1,391 shares during the period. Tower Research Capital LLC TRC boosted its position in Enerpac Tool Group by 61.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,727 shares of the company’s stock worth $47,000 after purchasing an additional 657 shares during the period. PNC Financial Services Group Inc. increased its holdings in Enerpac Tool Group by 183.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,936 shares of the company’s stock valued at $64,000 after purchasing an additional 1,902 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in Enerpac Tool Group by 180.5% in the first quarter. Captrust Financial Advisors now owns 3,537 shares of the company’s stock valued at $77,000 after purchasing an additional 2,276 shares during the period. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Enerpac Tool Group Trading Down 0.5 %

Shares of EPAC opened at $34.76 on Thursday. Enerpac Tool Group Corp. has a 12 month low of $22.94 and a 12 month high of $35.92. The stock’s 50-day moving average is $33.96 and its two-hundred day moving average is $30.82. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.11 and a quick ratio of 2.41. The stock has a market cap of $1.89 billion, a PE ratio of 27.37 and a beta of 1.21.

Enerpac Tool Group (NYSE:EPACGet Free Report) last released its quarterly earnings results on Thursday, March 21st. The company reported $0.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.36. The firm had revenue of $138.44 million during the quarter, compared to analysts’ expectations of $141.10 million. Enerpac Tool Group had a return on equity of 26.38% and a net margin of 11.75%. During the same quarter in the prior year, the business earned $0.35 EPS. Equities analysts forecast that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current fiscal year.

Enerpac Tool Group Profile

(Free Report)

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, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services 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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Institutional Ownership by Quarter for Enerpac Tool Group (NYSE:EPAC)

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