Barrow Hanley Mewhinney & Strauss LLC Has $90.82 Million Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Barrow Hanley Mewhinney & Strauss LLC lessened its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 4.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,378,598 shares of the company’s stock after selling 108,916 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Enerpac Tool Group were worth $90,815,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its position in shares of Enerpac Tool Group by 1.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 587,691 shares of the company’s stock worth $18,271,000 after buying an additional 9,109 shares during the period. Norges Bank acquired a new position in Enerpac Tool Group in the fourth quarter worth $15,077,000. Trexquant Investment LP acquired a new position in Enerpac Tool Group in the fourth quarter worth $1,004,000. Quest Partners LLC bought a new stake in shares of Enerpac Tool Group during the fourth quarter worth $378,000. Finally, Chesapeake Capital Corp IL acquired a new stake in shares of Enerpac Tool Group in the fourth quarter valued at $790,000. Institutional investors 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 business’s stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $37.92, for a total transaction of $73,451.04. Following the completion of the sale, the director now owns 86,047 shares in the company, valued at $3,262,902.24. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.87% of the company’s stock.

Enerpac Tool Group Stock Down 0.2 %

Shares of NYSE EPAC opened at $41.92 on Friday. Enerpac Tool Group Corp. has a 12-month low of $25.65 and a 12-month high of $42.86. The firm’s 50-day simple moving average is $40.23 and its 200 day simple moving average is $37.93. The company has a quick ratio of 2.20, a current ratio of 2.85 and a debt-to-equity ratio of 0.52. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 27.58 and a beta of 1.15.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Monday, June 24th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. Enerpac Tool Group had a net margin of 14.13% and a return on equity of 26.80%. The company had revenue of $150.39 million for the quarter, compared to analyst estimates of $153.20 million. During the same period in the prior year, the business earned $0.39 earnings per share. On average, research analysts expect that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current fiscal year.

Enerpac Tool Group Announces Dividend

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 given a $0.04 dividend. The ex-dividend date of this dividend is Monday, October 7th. This represents a yield of 0.1%. Enerpac Tool Group’s payout ratio is 2.63%.

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.