Central Pacific Bank Trust Division Has $616,000 Stake in Enerpac Tool Group Corp. (NYSE:EPAC)

Central Pacific Bank Trust Division cut its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,986 shares of the company’s stock after selling 331 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Enerpac Tool Group were worth $616,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Intech Investment Management LLC acquired a new position in shares of Enerpac Tool Group in the third quarter valued at $442,000. Quest Partners LLC bought a new position in Enerpac Tool Group in the 3rd quarter valued at about $1,312,000. Geode Capital Management LLC lifted its position in Enerpac Tool Group by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company’s stock worth $51,797,000 after acquiring an additional 21,056 shares during the last quarter. State Street Corp boosted its holdings in shares of Enerpac Tool Group by 16.3% during the third quarter. State Street Corp now owns 2,393,472 shares of the company’s stock worth $100,263,000 after acquiring an additional 336,323 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Enerpac Tool Group by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 621,456 shares of the company’s stock valued at $26,033,000 after purchasing an additional 6,903 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Price Performance

Shares of NYSE EPAC opened at $40.82 on Friday. The business’s 50 day moving average is $46.44 and its 200-day moving average is $42.59. The firm has a market cap of $2.22 billion, a P/E ratio of 26.17 and a beta of 1.15. Enerpac Tool Group Corp. has a 1-year low of $28.25 and a 1-year high of $51.91. The company has a current ratio of 2.88, a quick ratio of 2.31 and a debt-to-equity ratio of 0.48.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, December 18th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 14.55% and a return on equity of 26.70%. Equities research analysts predict that Enerpac Tool Group Corp. will post 1.81 earnings per share for the current year.

Insider Transactions at Enerpac Tool Group

In other news, Director E James Ferland, Jr. sold 1,938 shares of the stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $44.17, for a total transaction of $85,601.46. Following the sale, the director now directly owns 86,047 shares of the company’s stock, valued at approximately $3,800,695.99. This represents a 2.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.10% of the company’s stock.

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, 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.