SG Americas Securities LLC Sells 16,707 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

SG Americas Securities LLC lessened its holdings in Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 87.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,504 shares of the company's stock after selling 16,707 shares during the quarter. SG Americas Securities LLC's holdings in Enerpac Tool Group were worth $103,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EPAC. State Street Corp grew its holdings in shares of Enerpac Tool Group by 16.3% during the third quarter. State Street Corp now owns 2,393,472 shares of the company's stock valued at $100,263,000 after buying an additional 336,323 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Enerpac Tool Group by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company's stock valued at $51,797,000 after buying an additional 21,056 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Enerpac Tool Group by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 621,456 shares of the company's stock valued at $26,033,000 after buying an additional 6,903 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Enerpac Tool Group by 2.9% during the third quarter. Principal Financial Group Inc. now owns 277,494 shares of the company's stock valued at $11,624,000 after buying an additional 7,845 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Enerpac Tool Group by 0.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 147,284 shares of the company's stock valued at $6,170,000 after buying an additional 671 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company's stock.

Enerpac Tool Group Stock Up 1.9 %

Shares of NYSE:EPAC traded up $0.86 during trading on Friday, reaching $46.16. 264,996 shares of the stock traded hands, compared to its average volume of 285,962. The stock has a 50-day moving average of $44.15 and a two-hundred day moving average of $43.66. Enerpac Tool Group Corp. has a 52-week low of $32.07 and a 52-week high of $51.91. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.24 and a current ratio of 2.92. The stock has a market cap of $2.51 billion, a P/E ratio of 28.15 and a beta of 1.17.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last posted its quarterly earnings results 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 15.14% and a return on equity of 25.39%. As a group, sell-side analysts expect that Enerpac Tool Group Corp. will post 1.78 earnings per share 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.