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

MassMutual Private Wealth & Trust FSB cut its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 26.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in EPAC. State Street Corp grew its position in Enerpac Tool Group by 16.3% in the 3rd quarter. State Street Corp now owns 2,393,472 shares of the company’s stock valued at $100,263,000 after buying an additional 336,323 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Enerpac Tool Group by 3.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,542,000 shares of the company’s stock worth $58,874,000 after purchasing an additional 53,055 shares in the last quarter. Geode Capital Management LLC increased its holdings in Enerpac Tool Group by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company’s stock worth $51,797,000 after buying an additional 21,056 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Enerpac Tool Group by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 621,456 shares of the company’s stock worth $26,033,000 after buying an additional 6,903 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Enerpac Tool Group by 2.9% during the third quarter. Principal Financial Group Inc. now owns 277,494 shares of the company’s stock valued at $11,624,000 after purchasing an additional 7,845 shares during the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Enerpac Tool Group Trading Down 0.7 %

Shares of Enerpac Tool Group stock opened at $44.99 on Thursday. The company’s fifty day simple moving average is $45.27 and its 200-day simple moving average is $43.01. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 27.43 and a beta of 1.18. The company has a current ratio of 2.92, a quick ratio of 2.24 and a debt-to-equity ratio of 0.47. Enerpac Tool Group Corp. has a 1 year low of $30.40 and a 1 year high of $51.91.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 earnings per share (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, sell-side analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current 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.