State of New Jersey Common Pension Fund D Has $1.83 Million Position in Enerpac Tool Group Corp. (NYSE:EPAC)

State of New Jersey Common Pension Fund D cut its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,559 shares of the company’s stock after selling 4,010 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Enerpac Tool Group were worth $1,831,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EPAC. State Street Corp grew its holdings in Enerpac Tool Group by 16.3% during the third quarter. State Street Corp now owns 2,393,472 shares of the company’s stock worth $100,263,000 after purchasing an additional 336,323 shares during the period. Geode Capital Management LLC increased its holdings in shares of Enerpac Tool Group by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company’s stock worth $51,797,000 after acquiring an additional 21,056 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Enerpac Tool Group by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 621,456 shares of the company’s stock valued at $26,033,000 after acquiring an additional 6,903 shares during the period. Principal Financial Group Inc. lifted its holdings in Enerpac Tool Group by 2.9% during the 3rd 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. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Enerpac Tool Group by 0.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 147,284 shares of the company’s stock worth $6,170,000 after purchasing an additional 671 shares during the period. 97.70% of the stock is owned by institutional investors.

Enerpac Tool Group Price Performance

NYSE:EPAC opened at $46.35 on Wednesday. The company has a market cap of $2.52 billion, a P/E ratio of 28.26 and a beta of 1.17. The firm’s fifty day moving average price is $43.87 and its two-hundred day moving average price is $44.02. Enerpac Tool Group Corp. has a one year low of $32.07 and a one year high of $51.91. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.92 and a quick ratio of 2.24.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, December 18th. The company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. Equities analysts expect that Enerpac Tool Group Corp. will post 1.78 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.