Enerpac Tool Group Corp. (NYSE:EPAC) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC trimmed its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 18.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 208,101 shares of the company’s stock after selling 46,201 shares during the period. Segall Bryant & Hamill LLC owned 0.38% of Enerpac Tool Group worth $8,551,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EPAC. Intech Investment Management LLC acquired a new position in Enerpac Tool Group during the 3rd quarter valued at approximately $442,000. Atria Investments Inc acquired a new position in shares of Enerpac Tool Group during the fourth quarter valued at $261,000. Amundi grew its position in shares of Enerpac Tool Group by 184.7% during the fourth quarter. Amundi now owns 27,217 shares of the company’s stock worth $1,121,000 after acquiring an additional 17,658 shares during the last quarter. Wealthspire Advisors LLC acquired a new stake in shares of Enerpac Tool Group in the 4th quarter worth about $238,000. Finally, US Bancorp DE lifted its position in Enerpac Tool Group by 117.5% in the 4th quarter. US Bancorp DE now owns 17,236 shares of the company’s stock valued at $708,000 after purchasing an additional 9,311 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, CJS Securities started coverage on shares of Enerpac Tool Group in a research note on Friday, March 14th. They issued an “outperform” rating and a $53.00 price target on the stock.

Enerpac Tool Group Trading Down 3.1 %

Shares of EPAC stock opened at $45.56 on Thursday. Enerpac Tool Group Corp. has a 1 year low of $34.47 and a 1 year high of $51.91. The firm has a market capitalization of $2.48 billion, a PE ratio of 27.78 and a beta of 1.18. The stock has a fifty day moving average of $44.90 and a two-hundred day moving average of $44.61. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.24 and a current ratio of 2.92.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Monday, March 24th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. The firm had revenue of $145.53 million during the quarter, compared to analyst estimates of $139.80 million. As a group, research analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current 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.