Semanteon Capital Management LP Makes New $377,000 Investment in Enerpac Tool Group Corp. (NYSE:EPAC)

Semanteon Capital Management LP bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) during the fourth quarter, Holdings Channel reports. The institutional investor bought 12,116 shares of the company’s stock, valued at approximately $377,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Jennison Associates LLC raised its holdings in shares of Enerpac Tool Group by 3.1% during the fourth quarter. Jennison Associates LLC now owns 2,744,463 shares of the company’s stock worth $85,325,000 after purchasing an additional 82,602 shares during the period. Cooke & Bieler LP increased its holdings in shares of Enerpac Tool Group by 4.6% in the 4th quarter. Cooke & Bieler LP now owns 1,477,913 shares of the company’s stock worth $45,948,000 after acquiring an additional 64,685 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Enerpac Tool Group by 8.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 629,386 shares of the company’s stock worth $16,635,000 after acquiring an additional 49,268 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Enerpac Tool Group by 2.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 578,582 shares of the company’s stock worth $15,292,000 after acquiring an additional 15,485 shares during the period. Finally, Mesirow Institutional Investment Management Inc. increased its holdings in shares of Enerpac Tool Group by 3.8% in the 3rd quarter. Mesirow Institutional Investment Management Inc. now owns 507,331 shares of the company’s stock worth $13,409,000 after acquiring an additional 18,455 shares during the period. 97.70% of the stock is owned by institutional investors and hedge funds.

Enerpac Tool Group Stock Performance

Shares of EPAC stock traded up $0.11 during trading hours on Friday, reaching $36.14. The stock had a trading volume of 236,585 shares, compared to its average volume of 277,895. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.11 and a quick ratio of 2.41. Enerpac Tool Group Corp. has a twelve month low of $22.94 and a twelve month high of $36.44. The firm has a 50-day simple moving average of $34.48 and a 200-day simple moving average of $31.22. The firm has a market capitalization of $1.96 billion, a PE ratio of 28.46 and a beta of 1.21.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings data on Thursday, March 21st. The company reported $0.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.36. Enerpac Tool Group had a net margin of 11.75% and a return on equity of 26.38%. The business had revenue of $138.44 million for the quarter, compared to analysts’ expectations of $141.10 million. During the same quarter last year, the company earned $0.35 EPS. As a group, equities analysts forecast that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current 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.