Moody Aldrich Partners LLC Sells 3,191 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

Moody Aldrich Partners LLC reduced its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 2.8% during the 4th quarter, HoldingsChannel reports. The fund owned 111,447 shares of the company’s stock after selling 3,191 shares during the quarter. Moody Aldrich Partners LLC’s holdings in Enerpac Tool Group were worth $4,579,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can lifted its stake in Enerpac Tool Group by 90.5% in the second quarter. Bank of Montreal Can now owns 22,082 shares of the company’s stock valued at $852,000 after acquiring an additional 10,490 shares during the last quarter. Squarepoint Ops LLC bought a new stake in Enerpac Tool Group in the 2nd quarter valued at $3,106,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Enerpac Tool Group by 5.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 29,416 shares of the company’s stock worth $1,123,000 after buying an additional 1,488 shares during the period. Susquehanna Fundamental Investments LLC grew its position in shares of Enerpac Tool Group by 152.5% in the second quarter. Susquehanna Fundamental Investments LLC now owns 44,943 shares of the company’s stock valued at $1,716,000 after purchasing an additional 27,146 shares during the last quarter. Finally, Algert Global LLC acquired a new position in Enerpac Tool Group in the 2nd quarter valued at $208,000. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Up 0.3 %

NYSE EPAC opened at $43.79 on Wednesday. The company has a 50 day moving average of $44.98 and a 200-day moving average of $43.18. Enerpac Tool Group Corp. has a 1-year low of $30.43 and a 1-year high of $51.91. The company has a current ratio of 2.92, a quick ratio of 2.24 and a debt-to-equity ratio of 0.47. The company has a market cap of $2.38 billion, a price-to-earnings ratio of 26.70 and a beta of 1.18.

Enerpac Tool Group (NYSE:EPAC) last issued its earnings results 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 net margin of 15.14% and a return on equity of 25.39%. On average, equities research 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.