Andina Capital Management LLC Boosts Stake in Enerpac Tool Group Corp. (NYSE:EPAC)

Andina Capital Management LLC lifted its holdings in Enerpac Tool Group Corp. (NYSE:EPAC) by 31.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,508 shares of the company’s stock after buying an additional 5,379 shares during the quarter. Andina Capital Management LLC’s holdings in Enerpac Tool Group were worth $925,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of EPAC. Dimensional Fund Advisors LP boosted its position in Enerpac Tool Group by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,542,000 shares of the company’s stock worth $58,874,000 after purchasing an additional 53,055 shares in the last quarter. Renaissance Technologies LLC boosted its position in Enerpac Tool Group by 39.4% during the second quarter. Renaissance Technologies LLC now owns 107,259 shares of the company’s stock worth $4,095,000 after purchasing an additional 30,290 shares in the last quarter. XTX Topco Ltd boosted its position in Enerpac Tool Group by 3.5% during the second 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. Sei Investments Co. boosted its position in Enerpac Tool Group by 137.5% during the second quarter. Sei Investments Co. now owns 179,662 shares of the company’s stock worth $6,859,000 after purchasing an additional 104,019 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in Enerpac Tool Group by 90.5% during the second quarter. Bank of Montreal Can now owns 22,082 shares of the company’s stock worth $852,000 after purchasing an additional 10,490 shares in the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Enerpac Tool Group Stock Down 1.4 %

Shares of NYSE:EPAC opened at $44.12 on Friday. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47. Enerpac Tool Group Corp. has a 52-week low of $30.43 and a 52-week high of $51.91. The stock’s fifty day simple moving average is $45.05 and its 200-day simple moving average is $43.07. The company has a market capitalization of $2.40 billion, a P/E ratio of 26.90 and a beta of 1.18.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. As a group, equities research analysts forecast that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

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.