Keeley Teton Advisors LLC Trims Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Keeley Teton Advisors LLC decreased its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 83.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,918 shares of the company’s stock after selling 34,982 shares during the quarter. Keeley Teton Advisors LLC’s holdings in Enerpac Tool Group were worth $284,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Assetmark Inc. purchased a new position in Enerpac Tool Group during the fourth quarter worth about $29,000. First Horizon Advisors Inc. acquired a new stake in shares of Enerpac Tool Group during the 4th quarter worth approximately $36,000. Venturi Wealth Management LLC purchased a new stake in shares of Enerpac Tool Group during the 4th quarter valued at approximately $51,000. Heck Capital Advisors LLC acquired a new position in Enerpac Tool Group in the fourth quarter valued at approximately $99,000. Finally, KBC Group NV grew its position in Enerpac Tool Group by 91.7% in the fourth quarter. KBC Group NV now owns 2,561 shares of the company’s stock worth $105,000 after acquiring an additional 1,225 shares during the period. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Trading Down 2.6 %

NYSE EPAC opened at $38.66 on Thursday. 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 has a market capitalization of $2.09 billion, a P/E ratio of 23.57 and a beta of 1.08. The firm’s 50-day moving average is $43.78 and its two-hundred day moving average is $44.59. Enerpac Tool Group Corp. has a 12 month low of $34.59 and a 12 month high of $51.91.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings data on Monday, March 24th. The company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $145.53 million for the quarter, compared to analyst estimates of $139.80 million. Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. On average, sell-side analysts anticipate that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.