Jane Street Group LLC Sells 1,021 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

Jane Street Group LLC reduced its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,015 shares of the company’s stock after selling 1,021 shares during the quarter. Jane Street Group LLC’s holdings in Enerpac Tool Group were worth $4,069,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. bought a new stake in Enerpac Tool Group during the fourth quarter worth $29,000. First Horizon Advisors Inc. acquired a new position in shares of Enerpac Tool Group in the fourth quarter valued at $36,000. Venturi Wealth Management LLC acquired a new position in shares of Enerpac Tool Group in the fourth quarter valued at $51,000. Heck Capital Advisors LLC acquired a new position in shares of Enerpac Tool Group in the fourth quarter valued at $99,000. Finally, KBC Group NV increased its holdings in shares of Enerpac Tool Group by 91.7% in the fourth 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 last quarter. 97.70% of the stock is owned by institutional investors.

Enerpac Tool Group Price Performance

NYSE:EPAC opened at $43.36 on Monday. Enerpac Tool Group Corp. has a one year low of $35.18 and a one year high of $51.91. The company has a market cap of $2.35 billion, a P/E ratio of 26.44 and a beta of 1.20. The firm’s fifty day moving average price is $41.98 and its two-hundred day moving average price is $44.30. 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) last released its quarterly earnings results on Monday, March 24th. The company reported $0.39 EPS for the quarter, meeting the consensus estimate of $0.39. Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. The business had revenue of $145.53 million for the quarter, compared to the consensus estimate of $139.80 million. Equities analysts expect that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.