Enerpac Tool Group Corp. (NYSE:EPAC) Director Sells $73,451.04 in Stock

Enerpac Tool Group Corp. (NYSE:EPAC) 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 sale, the director now directly owns 86,047 shares in the company, valued at $3,262,902.24. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Enerpac Tool Group Trading Down 0.1 %

Shares of NYSE:EPAC opened at $38.81 on Friday. The company’s 50 day moving average is $38.16 and its two-hundred day moving average is $34.84. Enerpac Tool Group Corp. has a 52 week low of $24.58 and a 52 week high of $39.49. The company has a current ratio of 2.85, a quick ratio of 2.20 and a debt-to-equity ratio of 0.52. The company has a market cap of $2.11 billion, a PE ratio of 25.53 and a beta of 1.15.

Enerpac Tool Group (NYSE:EPAC) last issued its earnings results on Monday, June 24th. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. Enerpac Tool Group had a net margin of 14.13% and a return on equity of 26.80%. The business had revenue of $150.39 million during the quarter, compared to analysts’ expectations of $153.20 million. During the same quarter in the prior year, the business posted $0.39 EPS. Equities analysts predict that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in shares of Enerpac Tool Group by 90.1% in the 1st quarter. GAMMA Investing LLC now owns 937 shares of the company’s stock valued at $33,000 after buying an additional 444 shares in the last quarter. CWM LLC boosted its holdings in shares of Enerpac Tool Group by 89.3% in the 2nd quarter. CWM LLC now owns 2,275 shares of the company’s stock valued at $87,000 after buying an additional 1,073 shares in the last quarter. Foundry Partners LLC acquired a new stake in Enerpac Tool Group during the 1st quarter worth $226,000. Premier Fund Managers Ltd acquired a new stake in Enerpac Tool Group during the 4th quarter worth $248,000. Finally, MainStreet Investment Advisors LLC acquired a new stake in Enerpac Tool Group during the 4th quarter worth $255,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

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.