6,325 Shares in Enerpac Tool Group Corp. (NYSE:EPAC) Purchased by Foundry Partners LLC

Foundry Partners LLC acquired a new position in Enerpac Tool Group Corp. (NYSE:EPAC) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,325 shares of the company’s stock, valued at approximately $226,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in Enerpac Tool Group by 90.1% in the first quarter. GAMMA Investing LLC now owns 937 shares of the company’s stock worth $33,000 after purchasing an additional 444 shares in the last quarter. Premier Fund Managers Ltd purchased a new position in shares of Enerpac Tool Group during the fourth quarter valued at $248,000. MainStreet Investment Advisors LLC purchased a new stake in Enerpac Tool Group in the fourth quarter worth about $255,000. ProShare Advisors LLC raised its holdings in shares of Enerpac Tool Group by 7.3% in the 1st quarter. ProShare Advisors LLC now owns 11,000 shares of the company’s stock valued at $392,000 after purchasing an additional 751 shares in the last quarter. Finally, Daiwa Securities Group Inc. purchased a new position in Enerpac Tool Group during the first quarter valued at approximately $411,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

Enerpac Tool Group Stock Down 1.3 %

EPAC stock traded down $0.52 during trading on Friday, reaching $39.69. 56,571 shares of the company traded hands, compared to its average volume of 290,096. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 26.38 and a beta of 1.15. 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 business has a 50 day simple moving average of $38.40 and a 200 day simple moving average of $35.07. Enerpac Tool Group Corp. has a 12 month low of $24.58 and a 12 month high of $42.13.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Monday, June 24th. The company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. The firm had revenue of $150.39 million for the quarter, compared to the consensus estimate of $153.20 million. Enerpac Tool Group had a return on equity of 26.80% and a net margin of 14.13%. During the same period in the previous year, the business earned $0.39 EPS. On average, equities research analysts anticipate that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current fiscal year.

Insider Transactions at Enerpac Tool Group

In other Enerpac Tool Group news, Director E James Ferland, Jr. sold 1,937 shares of the firm’s stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $37.92, for a total value of $73,451.04. Following the completion of the sale, the director now directly owns 86,047 shares of the company’s stock, valued at approximately $3,262,902.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.87% of the company’s stock.

About Enerpac Tool Group

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.