Enerpac Tool Group Corp. (NYSE:EPAC) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 87.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,504 shares of the company’s stock after selling 16,707 shares during the quarter. SG Americas Securities LLC’s holdings in Enerpac Tool Group were worth $103,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Quarry LP grew 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 period. Exchange Traded Concepts LLC acquired a new stake in shares of Enerpac Tool Group in the 3rd quarter worth approximately $40,000. GAMMA Investing LLC grew its holdings in shares of Enerpac Tool Group by 31.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,000 shares of the company’s stock worth $42,000 after acquiring an additional 238 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Enerpac Tool Group in the 3rd quarter worth approximately $42,000. Finally, Point72 DIFC Ltd acquired a new stake in shares of Enerpac Tool Group in the 3rd quarter worth approximately $178,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Stock Performance

EPAC opened at $44.68 on Thursday. The stock has a market cap of $2.43 billion, a P/E ratio of 27.24 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.92 and a quick ratio of 2.24. The stock’s 50 day simple moving average is $44.29 and its 200 day simple moving average is $43.55. Enerpac Tool Group Corp. has a 1-year low of $30.77 and a 1-year high of $51.91.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, December 18th. The company reported $0.40 EPS 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%. As a group, equities analysts anticipate that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

Enerpac Tool Group Company 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.