Janney Montgomery Scott LLC Acquires Shares of 6,134 Enerpac Tool Group Corp. (NYSE:EPAC)

Janney Montgomery Scott LLC purchased a new stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,134 shares of the company's stock, valued at approximately $252,000.

A number of other hedge funds have also bought and sold shares of the stock. Principal Financial Group Inc. increased its stake in Enerpac Tool Group by 2.9% during the 3rd quarter. Principal Financial Group Inc. now owns 277,494 shares of the company's stock valued at $11,624,000 after purchasing an additional 7,845 shares in the last quarter. Tidal Investments LLC increased its stake in shares of Enerpac Tool Group by 17.8% in the third quarter. Tidal Investments LLC now owns 18,419 shares of the company's stock worth $772,000 after acquiring an additional 2,780 shares during the period. SkyView Investment Advisors LLC increased its stake in shares of Enerpac Tool Group by 1.6% in the third quarter. SkyView Investment Advisors LLC now owns 17,014 shares of the company's stock worth $713,000 after acquiring an additional 276 shares during the period. Chiron Investment Management LLC acquired a new stake in shares of Enerpac Tool Group in the third quarter worth $184,000. Finally, Geode Capital Management LLC increased its stake in shares of Enerpac Tool Group by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company's stock worth $51,797,000 after acquiring an additional 21,056 shares during the period. Institutional investors and hedge funds own 97.70% of the company's stock.

Enerpac Tool Group Stock Performance

Shares of NYSE:EPAC traded up $0.86 during midday trading on Friday, reaching $46.16. The company's stock had a trading volume of 264,996 shares, compared to its average volume of 285,962. The firm has a market capitalization of $2.51 billion, a PE ratio of 28.15 and a beta of 1.17. Enerpac Tool Group Corp. has a twelve month low of $32.07 and a twelve month high of $51.91. The stock has a fifty day moving average of $44.15 and a 200 day moving average of $43.66. 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 (NYSE:EPAC - Get Free Report) last released its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. On average, equities analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

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.