Thrivent Financial for Lutherans Has $1.79 Million Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Thrivent Financial for Lutherans decreased its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 5.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,641 shares of the company’s stock after selling 2,398 shares during the period. Thrivent Financial for Lutherans owned approximately 0.08% of Enerpac Tool Group worth $1,786,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Exchange Traded Concepts LLC purchased a new position in shares of Enerpac Tool Group during the third quarter valued at approximately $40,000. GAMMA Investing LLC grew its stake in shares of Enerpac Tool Group by 31.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,000 shares of the company’s stock worth $42,000 after acquiring an additional 238 shares in the last quarter. USA Financial Formulas raised its holdings in shares of Enerpac Tool Group by 15.5% in the third quarter. USA Financial Formulas now owns 1,895 shares of the company’s stock valued at $79,000 after purchasing an additional 254 shares during the last quarter. CWM LLC lifted its position in shares of Enerpac Tool Group by 89.3% during the second quarter. CWM LLC now owns 2,275 shares of the company’s stock valued at $87,000 after purchasing an additional 1,073 shares in the last quarter. Finally, Mechanics Bank Trust Department purchased a new position in Enerpac Tool Group during the third quarter worth about $210,000. 97.70% of the stock is owned by institutional investors.

Enerpac Tool Group Trading Up 0.9 %

NYSE:EPAC opened at $48.26 on Friday. Enerpac Tool Group Corp. has a 52 week low of $27.11 and a 52 week high of $51.91. The firm has a 50-day moving average price of $45.30 and a two-hundred day moving average price of $41.37. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.31 and a current ratio of 2.88. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 30.94 and a beta of 1.14.

Enerpac Tool Group (NYSE:EPAC) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). The company had revenue of $158.71 million during the quarter, compared to the consensus estimate of $156.70 million. Enerpac Tool Group had a return on equity of 26.70% and a net margin of 14.55%. During the same period last year, the firm posted $0.42 EPS. On average, equities analysts expect that Enerpac Tool Group Corp. will post 1.81 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director E James Ferland, Jr. sold 1,938 shares of the company’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $44.17, for a total transaction of $85,601.46. Following the sale, the director now owns 86,047 shares of the company’s stock, valued at approximately $3,800,695.99. This represents a 2.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.87% of the stock is owned by insiders.

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.