MassMutual Private Wealth & Trust FSB Reduces Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

MassMutual Private Wealth & Trust FSB decreased its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 26.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,253 shares of the company’s stock after selling 1,529 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Enerpac Tool Group were worth $175,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in EPAC. Quarry LP lifted its holdings in shares of Enerpac Tool Group by 110.7% in the 3rd quarter. Quarry LP now owns 830 shares of the company’s stock worth $35,000 after acquiring an additional 436 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of Enerpac Tool Group in the 3rd quarter worth approximately $40,000. GAMMA Investing LLC lifted its holdings in Enerpac Tool Group by 31.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,000 shares of the company’s stock worth $42,000 after buying an additional 238 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Enerpac Tool Group during the 3rd quarter worth approximately $42,000. Finally, USA Financial Formulas lifted its holdings in Enerpac Tool Group by 15.5% during the 3rd quarter. USA Financial Formulas now owns 1,895 shares of the company’s stock worth $79,000 after buying an additional 254 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Price Performance

Enerpac Tool Group stock opened at $44.99 on Thursday. The firm has a market cap of $2.45 billion, a PE ratio of 27.43 and a beta of 1.18. Enerpac Tool Group Corp. has a 52-week low of $30.40 and a 52-week high of $51.91. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47. The company’s 50 day moving average is $45.27 and its two-hundred day moving average is $43.01.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. On average, research analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

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.