Chesapeake Capital Corp IL Grows Stock Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

Chesapeake Capital Corp IL lifted its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 28.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,963 shares of the company’s stock after purchasing an additional 2,664 shares during the period. Chesapeake Capital Corp IL’s holdings in Enerpac Tool Group were worth $501,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Exchange Traded Concepts LLC purchased a new stake in shares of Enerpac Tool Group during the 3rd quarter worth $40,000. GAMMA Investing LLC lifted its position in Enerpac Tool Group by 31.2% in the third quarter. GAMMA Investing LLC now owns 1,000 shares of the company’s stock valued at $42,000 after acquiring an additional 238 shares during the last quarter. USA Financial Formulas lifted its position in Enerpac Tool Group by 15.5% in the third quarter. USA Financial Formulas now owns 1,895 shares of the company’s stock valued at $79,000 after acquiring an additional 254 shares during the last quarter. CWM LLC lifted its position in Enerpac Tool Group by 89.3% in the second quarter. CWM LLC now owns 2,275 shares of the company’s stock valued at $87,000 after acquiring an additional 1,073 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in Enerpac Tool Group in the second quarter valued at $204,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

Enerpac Tool Group Price Performance

Shares of EPAC opened at $47.56 on Friday. Enerpac Tool Group Corp. has a 1-year low of $27.06 and a 1-year high of $51.91. The stock has a market cap of $2.58 billion, a PE ratio of 30.49 and a beta of 1.14. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.88 and a quick ratio of 2.31. The firm has a fifty day moving average price of $43.85 and a 200 day moving average price of $40.65.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings results on Tuesday, October 15th. The company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). Enerpac Tool Group had a net margin of 14.55% and a return on equity of 26.70%. The company had revenue of $158.71 million during the quarter, compared to analysts’ expectations of $156.70 million. During the same period last year, the firm earned $0.42 earnings per share. As a group, sell-side analysts anticipate that Enerpac Tool Group Corp. will post 1.81 EPS for the current year.

Insider Buying and Selling at Enerpac Tool Group

In other Enerpac Tool Group news, Director E James Ferland, Jr. sold 1,938 shares of Enerpac Tool Group stock in a transaction 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 approximately $3,800,695.99. The trade was a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.87% of the stock is currently owned by company insiders.

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.