Leeward Investments LLC MA Trims Stake in Enerpac Tool Group Corp. (NYSE:EPAC)

Leeward Investments LLC MA reduced its holdings in Enerpac Tool Group Corp. (NYSE:EPAC) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 296,758 shares of the company’s stock after selling 2,305 shares during the quarter. Leeward Investments LLC MA owned 0.55% of Enerpac Tool Group worth $9,226,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jennison Associates LLC increased its stake in Enerpac Tool Group by 25.5% in the third quarter. Jennison Associates LLC now owns 2,661,861 shares of the company’s stock valued at $70,353,000 after acquiring an additional 540,747 shares during the last quarter. RK Capital Management LLC purchased a new position in shares of Enerpac Tool Group during the 3rd quarter valued at about $6,877,000. Invesco Ltd. raised its holdings in shares of Enerpac Tool Group by 39.0% during the 3rd quarter. Invesco Ltd. now owns 351,954 shares of the company’s stock valued at $9,302,000 after buying an additional 98,763 shares in the last quarter. Kennedy Capital Management LLC lifted its position in Enerpac Tool Group by 49.2% in the 3rd quarter. Kennedy Capital Management LLC now owns 257,172 shares of the company’s stock worth $6,797,000 after buying an additional 84,835 shares during the last quarter. Finally, Cooke & Bieler LP boosted its stake in Enerpac Tool Group by 4.6% in the fourth quarter. Cooke & Bieler LP now owns 1,477,913 shares of the company’s stock worth $45,948,000 after buying an additional 64,685 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Trading Up 0.3 %

Enerpac Tool Group stock traded up $0.11 during mid-day trading on Friday, hitting $36.14. The company’s stock had a trading volume of 236,585 shares, compared to its average volume of 277,895. The business has a 50 day moving average price of $34.48 and a 200-day moving average price of $31.22. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.11 and a quick ratio of 2.41. Enerpac Tool Group Corp. has a 12 month low of $22.94 and a 12 month high of $36.44. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 28.46 and a beta of 1.21.

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