Leeward Investments LLC MA Reduces Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Leeward Investments LLC MA cut its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 0.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 299,517 shares of the company’s stock after selling 1,005 shares during the period. Leeward Investments LLC MA owned about 0.55% of Enerpac Tool Group worth $12,547,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of EPAC. Daiwa Securities Group Inc. acquired a new position in Enerpac Tool Group during the first quarter worth about $411,000. Texas Permanent School Fund Corp increased its stake in Enerpac Tool Group by 0.9% in the first quarter. Texas Permanent School Fund Corp now owns 47,373 shares of the company’s stock valued at $1,689,000 after purchasing an additional 429 shares during the last quarter. Lisanti Capital Growth LLC acquired a new position in shares of Enerpac Tool Group in the 1st quarter valued at $1,644,000. Illinois Municipal Retirement Fund grew its position in shares of Enerpac Tool Group by 1.1% in the 1st quarter. Illinois Municipal Retirement Fund now owns 31,594 shares of the company’s stock valued at $1,127,000 after buying an additional 334 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in Enerpac Tool Group in the first quarter valued at $635,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Up 9.1 %

Enerpac Tool Group stock opened at $51.00 on Thursday. The stock has a 50-day simple moving average of $42.33 and a 200-day simple moving average of $39.90. The company has a market capitalization of $2.76 billion, a P/E ratio of 32.69 and a beta of 1.14. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.31 and a current ratio of 2.88. Enerpac Tool Group Corp. has a fifty-two week low of $27.06 and a fifty-two week high of $51.64.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Tuesday, October 15th. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). The business had revenue of $158.71 million for the quarter, compared to analysts’ expectations 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 quarter last year, the business posted $0.42 earnings per share. Equities research analysts expect that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

Insider Transactions at Enerpac Tool Group

In other Enerpac Tool Group 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 stock was sold at an average price of $44.17, for a total transaction of $85,601.46. Following the completion of the sale, the director now directly owns 86,047 shares of the company’s stock, valued at $3,800,695.99. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.87% of the company’s stock.

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.