Leeward Investments LLC MA Trims Holdings 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 disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 299,517 shares of the company’s stock after selling 1,005 shares during the quarter. Leeward Investments LLC MA’s holdings in Enerpac Tool Group were worth $12,547,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of EPAC. Kayne Anderson Rudnick Investment Management LLC raised its stake in Enerpac Tool Group by 208.4% during 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 purchasing an additional 2,726,293 shares during the period. Champlain Investment Partners LLC increased its stake in Enerpac Tool Group by 6.2% during the first quarter. Champlain Investment Partners LLC now owns 3,191,590 shares of the company’s stock worth $113,812,000 after acquiring an additional 186,335 shares during the last quarter. Kingdon Capital Management L.L.C. acquired a new position in shares of Enerpac Tool Group in the 1st quarter valued at about $5,349,000. Kennedy Capital Management LLC grew its holdings in shares of Enerpac Tool Group by 22.6% during the 1st quarter. Kennedy Capital Management LLC now owns 594,327 shares of the company’s stock worth $21,194,000 after purchasing an additional 109,463 shares during the period. Finally, Sei Investments Co. increased its position in Enerpac Tool Group by 137.5% during the 2nd quarter. Sei Investments Co. now owns 179,662 shares of the company’s stock worth $6,859,000 after purchasing an additional 104,019 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Buying and Selling at Enerpac Tool Group

In related news, Director E James Ferland, Jr. sold 1,938 shares of the firm’s stock in a transaction dated 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 transaction, the director now owns 86,047 shares of the company’s stock, valued at $3,800,695.99. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.87% of the stock is currently owned by company insiders.

Enerpac Tool Group Stock Up 9.1 %

Shares of Enerpac Tool Group stock opened at $51.00 on Thursday. The company has a current ratio of 2.88, a quick ratio of 2.31 and a debt-to-equity ratio of 0.48. Enerpac Tool Group Corp. has a twelve month low of $27.06 and a twelve month high of $51.64. The company has a fifty day moving average price of $42.33 and a 200 day moving average price of $39.90. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 32.69 and a beta of 1.14.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings data on Tuesday, October 15th. The company reported $0.50 earnings per share 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 company had revenue of $158.71 million for the quarter, compared to analyst estimates of $156.70 million. During the same period in the prior year, the business earned $0.42 earnings per share. Equities research analysts forecast that Enerpac Tool Group Corp. will post 1.78 earnings per share 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.