Enerpac Tool Group Corp. (NYSE:EPAC) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC grew its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 31.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,000 shares of the company’s stock after acquiring an additional 238 shares during the quarter. GAMMA Investing LLC’s holdings in Enerpac Tool Group were worth $42,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of EPAC. Sei Investments Co. lifted its holdings in Enerpac Tool Group by 55.9% in 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. Susquehanna Fundamental Investments LLC acquired a new position in shares of Enerpac Tool Group during the first quarter valued at approximately $635,000. Hennion & Walsh Asset Management Inc. acquired a new position in shares of Enerpac Tool Group during the second quarter valued at approximately $204,000. CWM LLC boosted its stake in Enerpac Tool Group by 89.3% during the 2nd 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, Quadrature Capital Ltd acquired a new position in shares of Enerpac Tool Group during the 4th quarter valued at $597,000. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Up 3.5 %

EPAC opened at $44.58 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.20 and a current ratio of 2.85. The stock’s fifty day moving average is $41.23 and its 200-day moving average is $38.99. Enerpac Tool Group Corp. has a one year low of $27.06 and a one year high of $44.63. The company has a market capitalization of $2.42 billion, a PE ratio of 29.33 and a beta of 1.15.

Enerpac Tool Group (NYSE:EPAC) last released its 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). The business had revenue of $158.71 million for the quarter, compared to analyst estimates of $156.70 million. Enerpac Tool Group had a net margin of 14.13% and a return on equity of 26.80%. During the same period in the prior year, the company earned $0.42 earnings per share. On average, equities analysts predict that Enerpac Tool Group Corp. will post 1.75 EPS for the current fiscal year.

Enerpac Tool Group Announces Dividend

The business also recently announced an annual dividend, which will be paid on Friday, October 18th. Investors of record on Monday, October 7th will be issued a $0.04 dividend. This represents a dividend yield of 0.1%. The ex-dividend date is Monday, October 7th. Enerpac Tool Group’s payout ratio is 2.63%.

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.