Enerpac Tool Group Corp. (NYSE:EPAC) Position Reduced by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. decreased its holdings in Enerpac Tool Group Corp. (NYSE:EPAC) by 5.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,052 shares of the company’s stock after selling 8,269 shares during the period. Jupiter Asset Management Ltd. owned about 0.25% of Enerpac Tool Group worth $5,508,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Assetmark Inc. acquired a new position in shares of Enerpac Tool Group in the 4th quarter valued at about $29,000. Quarry LP increased 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 valued at $35,000 after purchasing an additional 436 shares during the period. First Horizon Advisors Inc. acquired a new position in shares of Enerpac Tool Group in the 4th quarter valued at about $36,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Enerpac Tool Group in the 3rd quarter valued at about $42,000. Finally, Venturi Wealth Management LLC acquired a new position in shares of Enerpac Tool Group in the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Price Performance

Shares of EPAC opened at $42.54 on Friday. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 25.94 and a beta of 1.18. Enerpac Tool Group Corp. has a fifty-two week low of $32.28 and a fifty-two week high of $51.91. 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 business’s 50-day moving average is $44.43 and its 200-day moving average is $44.35.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings data 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 return on equity of 25.39% and a net margin of 15.14%. Equities research analysts expect that Enerpac Tool Group Corp. will post 1.78 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.