Janney Montgomery Scott LLC Buys Shares of 6,134 Enerpac Tool Group Corp. (NYSE:EPAC)

Janney Montgomery Scott LLC bought a new stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,134 shares of the company’s stock, valued at approximately $252,000.

A number of other institutional investors have also added to or reduced their stakes in EPAC. GAMMA Investing LLC increased its position in Enerpac Tool Group by 31.2% during the 3rd 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 period. Exchange Traded Concepts LLC purchased a new position in Enerpac Tool Group during the 3rd quarter valued at about $40,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Enerpac Tool Group in the 3rd quarter worth approximately $235,000. Andina Capital Management LLC grew its position in shares of Enerpac Tool Group by 24.6% in the 3rd quarter. Andina Capital Management LLC now owns 17,129 shares of the company’s stock worth $718,000 after buying an additional 3,386 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Enerpac Tool Group by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 277,494 shares of the company’s stock worth $11,624,000 after buying an additional 7,845 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Down 2.5 %

Shares of Enerpac Tool Group stock opened at $44.68 on Thursday. The firm’s 50 day moving average price is $44.29 and its 200-day moving average price is $43.55. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47. Enerpac Tool Group Corp. has a 52-week low of $30.77 and a 52-week high of $51.91. The company has a market cap of $2.43 billion, a P/E ratio of 27.24 and a beta of 1.17.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. On average, sell-side analysts predict that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

Enerpac Tool Group Company 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.