Keeley Teton Advisors LLC Sells 34,982 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

Keeley Teton Advisors LLC lowered its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 83.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EPAC. Thrivent Financial for Lutherans raised its stake in Enerpac Tool Group by 1,061.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 495,282 shares of the company's stock worth $20,351,000 after acquiring an additional 452,641 shares during the period. Wells Fargo & Company MN lifted its position in Enerpac Tool Group by 1,931.9% in the fourth quarter. Wells Fargo & Company MN now owns 409,263 shares of the company's stock worth $16,817,000 after purchasing an additional 389,121 shares during the period. Cerity Partners LLC acquired a new position in Enerpac Tool Group during the fourth quarter worth about $8,338,000. Grandeur Peak Global Advisors LLC increased its holdings in shares of Enerpac Tool Group by 1,197.5% in the fourth quarter. Grandeur Peak Global Advisors LLC now owns 208,385 shares of the company's stock valued at $8,563,000 after buying an additional 192,325 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Enerpac Tool Group by 39.2% in the fourth quarter. Invesco Ltd. now owns 574,894 shares of the company's stock worth $23,622,000 after buying an additional 161,794 shares during the period. 97.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, CJS Securities initiated coverage on Enerpac Tool Group in a research report on Friday, March 14th. They set an "outperform" rating and a $53.00 price objective for the company.

Enerpac Tool Group Stock Up 2.6 %

Shares of Enerpac Tool Group stock traded up $0.97 during trading on Tuesday, hitting $38.36. 45,110 shares of the stock traded hands, compared to its average volume of 350,811. The stock has a market cap of $2.07 billion, a P/E ratio of 23.39 and a beta of 1.08. The company has a fifty day moving average price of $43.35 and a two-hundred day moving average price of $44.54. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.24 and a current ratio of 2.92. Enerpac Tool Group Corp. has a twelve month low of $35.12 and a twelve month high of $51.91.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last released its quarterly earnings results on Monday, March 24th. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. The business had revenue of $145.53 million for the quarter, compared to the consensus estimate of $139.80 million. Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. Equities research analysts predict that Enerpac Tool Group Corp. will post 1.78 EPS 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.