Semanteon Capital Management LP Invests $377,000 in Enerpac Tool Group Corp. (NYSE:EPAC)

Semanteon Capital Management LP bought a new position in Enerpac Tool Group Corp. (NYSE:EPAC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,116 shares of the company’s stock, valued at approximately $377,000.

Several other hedge funds also recently made changes to their positions in EPAC. Quantbot Technologies LP acquired a new stake in shares of Enerpac Tool Group in the 3rd quarter worth $87,000. Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Enerpac Tool Group by 72.5% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 6,900 shares of the company’s stock valued at $182,000 after purchasing an additional 2,900 shares during the period. Olympiad Research LP acquired a new stake in shares of Enerpac Tool Group in the third quarter valued at about $272,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Enerpac Tool Group by 27.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,588 shares of the company’s stock valued at $280,000 after purchasing an additional 2,257 shares during the period. Finally, Howe & Rusling Inc. lifted its stake in shares of Enerpac Tool Group by 5.3% in the third quarter. Howe & Rusling Inc. now owns 14,245 shares of the company’s stock valued at $376,000 after purchasing an additional 721 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Price Performance

Shares of NYSE EPAC traded up $0.11 during midday trading on Friday, hitting $36.14. The company had a trading volume of 236,585 shares, compared to its average volume of 277,895. The company has a quick ratio of 2.41, a current ratio of 3.11 and a debt-to-equity ratio of 0.71. Enerpac Tool Group Corp. has a twelve month low of $22.94 and a twelve month high of $36.44. The business has a 50-day simple moving average of $34.48 and a two-hundred day simple moving average of $31.22. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 28.46 and a beta of 1.21.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings data on Thursday, March 21st. The company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. Enerpac Tool Group had a net margin of 11.75% and a return on equity of 26.38%. The firm had revenue of $138.44 million during the quarter, compared to analysts’ expectations of $141.10 million. During the same quarter last year, the business earned $0.35 earnings per share. Equities research analysts anticipate that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current year.

Enerpac Tool Group Company 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, 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.