Victory Capital Management Inc. Has $886,000 Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

Victory Capital Management Inc. lessened its holdings in Enerpac Tool Group Corp. (NYSE:EPAC) by 5.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,193 shares of the company’s stock after selling 1,447 shares during the period. Victory Capital Management Inc.’s holdings in Enerpac Tool Group were worth $886,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quest Partners LLC acquired a new stake in shares of Enerpac Tool Group in the 4th quarter worth about $378,000. Capital International Investors raised its holdings in shares of Enerpac Tool Group by 2.8% in the 4th quarter. Capital International Investors now owns 4,347,380 shares of the company’s stock worth $135,160,000 after acquiring an additional 118,691 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Enerpac Tool Group by 55.9% in the 1st quarter. Sei Investments Co. now owns 75,643 shares of the company’s stock worth $2,697,000 after acquiring an additional 27,123 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in Enerpac Tool Group in the 1st quarter valued at about $635,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in Enerpac Tool Group in the 2nd quarter valued at about $204,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Buying and Selling at Enerpac Tool Group

In other news, Director E James Ferland, Jr. sold 1,937 shares of the stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $37.92, for a total transaction of $73,451.04. Following the completion of the transaction, the director now directly owns 86,047 shares of the company’s stock, valued at approximately $3,262,902.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.87% of the company’s stock.

Enerpac Tool Group Trading Down 0.2 %

NYSE:EPAC opened at $41.91 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.20 and a current ratio of 2.85. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 27.57 and a beta of 1.15. Enerpac Tool Group Corp. has a 52 week low of $25.65 and a 52 week high of $42.86. The firm has a 50-day moving average price of $40.23 and a two-hundred day moving average price of $37.89.

Enerpac Tool Group (NYSE:EPAC) last posted its quarterly earnings data on Monday, June 24th. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The firm had revenue of $150.39 million during the quarter, compared to analyst estimates of $153.20 million. Enerpac Tool Group had a net margin of 14.13% and a return on equity of 26.80%. During the same quarter last year, the business posted $0.39 EPS. On average, equities analysts expect that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current fiscal year.

Enerpac Tool Group Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Friday, October 18th. Shareholders of record on Monday, October 7th will be paid a $0.04 dividend. The ex-dividend date is Monday, October 7th. This represents a yield of 0.1%. Enerpac Tool Group’s dividend payout ratio (DPR) is 2.63%.

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.