5,618 Shares in Enerpac Tool Group Corp. (NYSE:EPAC) Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC acquired a new stake in Enerpac Tool Group Corp. (NYSE:EPAC) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,618 shares of the company’s stock, valued at approximately $235,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Texas Permanent School Fund Corp grew its position in Enerpac Tool Group by 0.9% during the first quarter. Texas Permanent School Fund Corp now owns 47,373 shares of the company’s stock worth $1,689,000 after buying an additional 429 shares in the last quarter. Illinois Municipal Retirement Fund increased its position in shares of Enerpac Tool Group by 1.1% in the first quarter. Illinois Municipal Retirement Fund now owns 31,594 shares of the company’s stock worth $1,127,000 after purchasing an additional 334 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in Enerpac Tool Group in the first quarter valued at about $635,000. Sei Investments Co. lifted its position in Enerpac Tool Group by 55.9% during the first quarter. Sei Investments Co. now owns 75,643 shares of the company’s stock worth $2,697,000 after purchasing an additional 27,123 shares during the period. Finally, ProShare Advisors LLC grew its stake in Enerpac Tool Group by 7.3% during the first quarter. ProShare Advisors LLC now owns 11,000 shares of the company’s stock worth $392,000 after buying an additional 751 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Buying and Selling at Enerpac Tool Group

In other news, Director E James Ferland, Jr. sold 1,938 shares of the stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $44.17, for a total value of $85,601.46. Following the completion of the transaction, the director now owns 86,047 shares of the company’s stock, valued at approximately $3,800,695.99. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.87% of the company’s stock.

Enerpac Tool Group Price Performance

EPAC stock opened at $51.58 on Tuesday. The company’s 50-day moving average price is $43.14 and its two-hundred day moving average price is $40.33. Enerpac Tool Group Corp. has a 12 month low of $27.06 and a 12 month high of $51.91. The company has a quick ratio of 2.31, a current ratio of 2.88 and a debt-to-equity ratio of 0.48. The firm has a market cap of $2.80 billion, a P/E ratio of 33.06 and a beta of 1.14.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings data on Tuesday, October 15th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.03). Enerpac Tool Group had a net margin of 14.55% and a return on equity of 26.70%. The firm had revenue of $158.71 million for the quarter, compared to analyst estimates of $156.70 million. During the same quarter in the prior year, the firm earned $0.42 earnings per share. On average, analysts anticipate that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

About Enerpac Tool Group

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.