Barclays PLC Grows Stock Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

Barclays PLC lifted its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 321.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 107,979 shares of the company’s stock after buying an additional 82,376 shares during the quarter. Barclays PLC owned approximately 0.20% of Enerpac Tool Group worth $4,524,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of EPAC. GAMMA Investing LLC grew its stake in shares of Enerpac Tool Group by 31.2% in the third quarter. GAMMA Investing LLC now owns 1,000 shares of the company’s stock worth $42,000 after acquiring an additional 238 shares in the last quarter. XTX Topco Ltd grew its stake in Enerpac Tool Group by 3.5% during the 2nd quarter. XTX Topco Ltd now owns 7,497 shares of the company’s stock worth $286,000 after purchasing an additional 251 shares in the last quarter. USA Financial Formulas increased its holdings in Enerpac Tool Group by 15.5% during the 3rd quarter. USA Financial Formulas now owns 1,895 shares of the company’s stock worth $79,000 after purchasing an additional 254 shares during the period. Arizona State Retirement System raised its position in Enerpac Tool Group by 2.1% in the 2nd quarter. Arizona State Retirement System now owns 15,188 shares of the company’s stock valued at $580,000 after purchasing an additional 312 shares in the last quarter. Finally, Quarry LP boosted its stake in shares of Enerpac Tool Group by 110.7% in the 3rd quarter. Quarry LP now owns 830 shares of the company’s stock valued at $35,000 after buying an additional 436 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Buying and Selling at Enerpac Tool Group

In other Enerpac Tool Group news, Director E James Ferland, Jr. sold 1,938 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $44.17, for a total value of $85,601.46. Following the transaction, the director now directly owns 86,047 shares in the company, valued at $3,800,695.99. This represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.87% of the stock is owned by insiders.

Enerpac Tool Group Stock Performance

Shares of Enerpac Tool Group stock opened at $44.16 on Friday. The business has a 50-day simple moving average of $46.92 and a 200-day simple moving average of $42.36. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.31 and a current ratio of 2.88. Enerpac Tool Group Corp. has a one year low of $28.25 and a one year high of $51.91. The company has a market cap of $2.40 billion, a PE ratio of 28.31 and a beta of 1.15.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 14.55% and a return on equity of 26.70%. On average, equities research analysts forecast that Enerpac Tool Group Corp. will post 1.81 EPS for the current fiscal year.

About Enerpac Tool Group

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.