New York State Teachers Retirement System lessened its holdings in Enerpac Tool Group Corp. (NYSE:EPAC – Free Report) by 1.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,725 shares of the company’s stock after selling 700 shares during the period. New York State Teachers Retirement System owned 0.08% of Enerpac Tool Group worth $1,208,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Credit Suisse AG raised its position in shares of Enerpac Tool Group by 1.7% in the first quarter. Credit Suisse AG now owns 85,648 shares of the company’s stock worth $2,184,000 after buying an additional 1,473 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Enerpac Tool Group during the first quarter valued at about $389,000. Mesirow Institutional Investment Management Inc. raised its position in Enerpac Tool Group by 13.8% during the first quarter. Mesirow Institutional Investment Management Inc. now owns 407,249 shares of the company’s stock valued at $10,385,000 after purchasing an additional 49,250 shares in the last quarter. Cooke & Bieler LP raised its position in Enerpac Tool Group by 9.3% during the first quarter. Cooke & Bieler LP now owns 1,292,051 shares of the company’s stock valued at $32,947,000 after purchasing an additional 109,463 shares in the last quarter. Finally, ExodusPoint Capital Management LP raised its position in Enerpac Tool Group by 27.7% during the first quarter. ExodusPoint Capital Management LP now owns 60,219 shares of the company’s stock valued at $1,536,000 after purchasing an additional 13,072 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.
Enerpac Tool Group Trading Down 0.1 %
NYSE EPAC opened at $28.26 on Wednesday. The stock’s 50-day simple moving average is $26.74 and its two-hundred day simple moving average is $26.26. Enerpac Tool Group Corp. has a twelve month low of $22.94 and a twelve month high of $30.22. The company has a quick ratio of 1.90, a current ratio of 2.40 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 34.05 and a beta of 1.34.
Enerpac Tool Group Announces Dividend
The company also recently declared an annual dividend, which was paid on Wednesday, October 18th. Shareholders of record on Friday, October 6th were given a dividend of $0.04 per share. The ex-dividend date was Thursday, October 5th. This represents a yield of 0.15%. Enerpac Tool Group’s payout ratio is 4.82%.
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, 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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