UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $6.17 Million Stock Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 147,284 shares of the company’s stock after acquiring an additional 671 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.27% of Enerpac Tool Group worth $6,170,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of EPAC. GAMMA Investing LLC grew its position in shares of Enerpac Tool Group by 31.2% in the third quarter. GAMMA Investing LLC now owns 1,000 shares of the company’s stock valued at $42,000 after purchasing an additional 238 shares during the last quarter. XTX Topco Ltd raised its stake in shares of Enerpac Tool Group by 3.5% in the second quarter. XTX Topco Ltd now owns 7,497 shares of the company’s stock valued at $286,000 after acquiring an additional 251 shares during the last quarter. USA Financial Formulas increased 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 in the last quarter. Arizona State Retirement System grew its holdings in Enerpac Tool Group by 2.1% during the 2nd quarter. Arizona State Retirement System now owns 15,188 shares of the company’s stock worth $580,000 after acquiring an additional 312 shares during the period. Finally, Glenmede Trust Co. NA grew its holdings in Enerpac Tool Group by 2.9% during the 3rd quarter. Glenmede Trust Co. NA now owns 15,810 shares of the company’s stock worth $662,000 after acquiring an additional 447 shares during the period. 97.70% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Enerpac Tool Group

In other news, Director E James Ferland, Jr. sold 1,938 shares of the firm’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 transaction, the director now directly owns 86,047 shares of the company’s stock, valued at approximately $3,800,695.99. This trade represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.87% of the stock is currently owned by company insiders.

Enerpac Tool Group Trading Up 0.2 %

Shares of NYSE EPAC opened at $47.93 on Wednesday. The company’s fifty day moving average is $46.04 and its 200-day moving average is $41.86. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 30.67 and a beta of 1.15. Enerpac Tool Group Corp. has a twelve month low of $28.24 and a twelve 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.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings results 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 return on equity of 26.70% and a net margin of 14.55%. The business had revenue of $158.71 million for the quarter, compared to the consensus estimate of $156.70 million. During the same period last year, the firm earned $0.42 earnings per share. Equities research analysts predict that Enerpac Tool Group Corp. will post 1.81 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.