Keeley Teton Advisors LLC Lowers Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Keeley Teton Advisors LLC trimmed its position in Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 83.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,918 shares of the company's stock after selling 34,982 shares during the period. Keeley Teton Advisors LLC's holdings in Enerpac Tool Group were worth $284,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Assetmark Inc. bought a new stake in shares of Enerpac Tool Group in the 4th quarter worth $29,000. First Horizon Advisors Inc. bought a new position in shares of Enerpac Tool Group in the fourth quarter worth approximately $36,000. Venturi Wealth Management LLC purchased a new stake in Enerpac Tool Group during the fourth quarter valued at about $51,000. Heck Capital Advisors LLC bought a new position in shares of Enerpac Tool Group during the fourth quarter valued at about $99,000. Finally, KBC Group NV increased its holdings in Enerpac Tool Group by 91.7% during the 4th quarter. KBC Group NV now owns 2,561 shares of the company's stock valued at $105,000 after purchasing an additional 1,225 shares during the period. Institutional investors and hedge funds own 97.70% of the company's stock.

Analyst Upgrades and Downgrades

Separately, CJS Securities assumed coverage on shares of Enerpac Tool Group in a report on Friday, March 14th. They set an "outperform" rating and a $53.00 price target on the stock.

Enerpac Tool Group Trading Down 0.7 %

Shares of Enerpac Tool Group stock traded down $0.28 during trading on Friday, hitting $38.39. The stock had a trading volume of 341,976 shares, compared to its average volume of 331,863. The stock has a market cap of $2.08 billion, a PE ratio of 23.41 and a beta of 1.08. The firm's fifty day simple moving average is $43.49 and its 200-day simple moving average is $44.56. Enerpac Tool Group Corp. has a 12 month low of $35.07 and a 12 month high of $51.91. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.92 and a quick ratio of 2.24.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last announced its quarterly earnings results on Monday, March 24th. The company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $145.53 million during the quarter, compared to analysts' expectations of $139.80 million. 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 EPS 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.