Enerpac Tool Group Corp. (NYSE:EPAC) Holdings Decreased by Howe & Rusling Inc.

Howe & Rusling Inc. decreased its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 3.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,530 shares of the company’s stock after selling 379 shares during the period. Howe & Rusling Inc.’s holdings in Enerpac Tool Group were worth $441,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EPAC. Kayne Anderson Rudnick Investment Management LLC increased its position in Enerpac Tool Group by 208.4% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,034,256 shares of the company’s stock worth $154,028,000 after buying an additional 2,726,293 shares during the period. Dimensional Fund Advisors LP grew its position in Enerpac Tool Group by 3.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,542,000 shares of the company’s stock worth $58,874,000 after purchasing an additional 53,055 shares during the last quarter. Kennedy Capital Management LLC increased its position in Enerpac Tool Group by 22.6% in the 1st quarter. Kennedy Capital Management LLC now owns 594,327 shares of the company’s stock valued at $21,194,000 after acquiring an additional 109,463 shares during the period. Leeward Investments LLC MA increased its holdings in shares of Enerpac Tool Group by 5.6% during the second quarter. Leeward Investments LLC MA now owns 300,522 shares of the company’s stock valued at $11,474,000 after purchasing an additional 15,987 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in Enerpac Tool Group by 2.9% in the third quarter. Principal Financial Group Inc. now owns 277,494 shares of the company’s stock worth $11,624,000 after purchasing an additional 7,845 shares during the period. 97.70% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director E James Ferland, Jr. sold 1,938 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 86,047 shares of the company’s stock, valued at approximately $3,800,695.99. The trade was a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.87% of the stock is currently owned by company insiders.

Enerpac Tool Group Stock Up 0.9 %

Enerpac Tool Group stock opened at $47.52 on Thursday. Enerpac Tool Group Corp. has a 52 week low of $27.06 and a 52 week high of $51.91. The company has a current ratio of 2.88, a quick ratio of 2.31 and a debt-to-equity ratio of 0.48. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 30.46 and a beta of 1.14. The company’s 50-day moving average price is $44.33 and its two-hundred day moving average price is $40.88.

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). The business 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 quarter last year, the firm posted $0.42 earnings per share. On average, analysts expect that Enerpac Tool Group Corp. will post 1.81 EPS for the current fiscal 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.