Yousif Capital Management LLC Decreases Stock Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Yousif Capital Management LLC lowered its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,974 shares of the company’s stock after selling 910 shares during the period. Yousif Capital Management LLC’s holdings in Enerpac Tool Group were worth $839,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Los Angeles Capital Management LLC increased its stake in Enerpac Tool Group by 2.0% during the 3rd quarter. Los Angeles Capital Management LLC now owns 18,385 shares of the company’s stock worth $486,000 after buying an additional 362 shares during the period. Moody National Bank Trust Division lifted its stake in shares of Enerpac Tool Group by 3.4% in the fourth quarter. Moody National Bank Trust Division now owns 13,467 shares of the company’s stock worth $419,000 after acquiring an additional 437 shares in the last quarter. SkyView Investment Advisors LLC boosted its holdings in Enerpac Tool Group by 3.1% in the third quarter. SkyView Investment Advisors LLC now owns 14,946 shares of the company’s stock valued at $395,000 after purchasing an additional 451 shares during the last quarter. Howe & Rusling Inc. boosted its holdings in Enerpac Tool Group by 5.3% in the third quarter. Howe & Rusling Inc. now owns 14,245 shares of the company’s stock valued at $376,000 after purchasing an additional 721 shares during the last quarter. Finally, Barclays PLC grew its stake in Enerpac Tool Group by 4.8% during the 3rd quarter. Barclays PLC now owns 35,149 shares of the company’s stock valued at $929,000 after purchasing an additional 1,616 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Enerpac Tool Group Stock Performance

Shares of EPAC opened at $36.83 on Friday. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 29.00 and a beta of 1.19. The company has a quick ratio of 2.41, a current ratio of 3.11 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $34.75 and its two-hundred day moving average is $31.55. Enerpac Tool Group Corp. has a 52-week low of $22.94 and a 52-week high of $36.87.

Enerpac Tool Group (NYSE:EPAC) last posted its quarterly earnings results on Thursday, March 21st. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. The firm had revenue of $138.44 million for the quarter, compared to analysts’ expectations 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 company posted $0.35 earnings per share. Analysts forecast that Enerpac Tool Group Corp. will post 1.75 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.