State of Alaska Department of Revenue Sells 1,405 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

Posted by on Oct 17th, 2023

State of Alaska Department of Revenue lessened its stake in Enerpac Tool Group Corp. (NYSE:EPAC – Free Report) by 3.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,623 shares of the company’s stock after selling 1,405 shares during the period. State of Alaska Department of Revenue owned 0.07% of Enerpac Tool Group worth $1,015,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State of Wyoming acquired a new position in shares of Enerpac Tool Group in the 4th quarter valued at $31,000. US Bancorp DE grew its holdings in shares of Enerpac Tool Group by 808.7% in the 1st quarter. US Bancorp DE now owns 1,563 shares of the company’s stock valued at $34,000 after buying an additional 1,391 shares during the period. Bessemer Group Inc. acquired a new position in shares of Enerpac Tool Group in the 1st quarter valued at $51,000. PNC Financial Services Group Inc. grew its holdings in shares of Enerpac Tool Group by 183.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,936 shares of the company’s stock valued at $64,000 after buying an additional 1,902 shares during the period. Finally, Captrust Financial Advisors grew its holdings in shares of Enerpac Tool Group by 180.5% in the 1st quarter. Captrust Financial Advisors now owns 3,537 shares of the company’s stock valued at $77,000 after buying an additional 2,276 shares during the period. Institutional investors own 96.54% of the company’s stock.

Enerpac Tool Group Price Performance

Shares of EPAC stock opened at $25.99 on Tuesday. Enerpac Tool Group Corp. has a 12-month low of $21.61 and a 12-month high of $28.97. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 41.92 and a beta of 1.34. The company has a quick ratio of 2.00, a current ratio of 2.66 and a debt-to-equity ratio of 0.69. The firm has a fifty day moving average of $26.48 and a 200-day moving average of $26.09.

Enerpac Tool Group Announces Dividend

The company also recently declared an annual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Friday, October 6th will be issued a $0.04 dividend. This represents a dividend yield of 0.15%. The ex-dividend date of this dividend is Thursday, October 5th. Enerpac Tool Group’s dividend payout ratio (DPR) is 6.45%.

About Enerpac Tool Group

(Free Report)

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, and internationally. It operates through Industrial Tools & Services (IT&S) and Other segments. The IT&S 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.

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Institutional Ownership by Quarter for Enerpac Tool Group (NYSE:EPAC)

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