Mutual of America Capital Management LLC Reduces Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Mutual of America Capital Management LLC lessened its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,511 shares of the company’s stock after selling 322 shares during the period. Mutual of America Capital Management LLC’s holdings in Enerpac Tool Group were worth $296,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in Enerpac Tool Group during the 3rd quarter worth approximately $87,000. Skandinaviska Enskilda Banken AB publ boosted its holdings in shares of Enerpac Tool Group by 72.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 6,900 shares of the company’s stock valued at $182,000 after acquiring an additional 2,900 shares during the last quarter. Olympiad Research LP purchased a new stake in shares of Enerpac Tool Group in the 3rd quarter valued at $272,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Enerpac Tool Group by 27.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,588 shares of the company’s stock valued at $280,000 after acquiring an additional 2,257 shares during the last quarter. Finally, Moody National Bank Trust Division boosted its holdings in shares of Enerpac Tool Group by 3.4% in the 4th quarter. Moody National Bank Trust Division now owns 13,467 shares of the company’s stock valued at $419,000 after acquiring an additional 437 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Up 2.3 %

EPAC stock opened at $36.04 on Wednesday. The firm’s fifty day simple moving average is $34.28 and its 200-day simple moving average is $31.08. The company has a market capitalization of $1.96 billion, a P/E ratio of 28.38 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.11 and a quick ratio of 2.41. Enerpac Tool Group Corp. has a 12 month low of $22.94 and a 12 month high of $36.26.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings data on Thursday, March 21st. The company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. The business had revenue of $138.44 million for the quarter, compared to the consensus estimate of $141.10 million. Enerpac Tool Group had a net margin of 11.75% and a return on equity of 26.38%. During the same period in the prior year, the firm earned $0.35 EPS. As a group, equities research analysts forecast that Enerpac Tool Group Corp. will post 1.75 earnings per share 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.