AQR Capital Management LLC Sells 27,408 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

AQR Capital Management LLC trimmed its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 45.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 32,421 shares of the company’s stock after selling 27,408 shares during the quarter. AQR Capital Management LLC’s holdings in Enerpac Tool Group were worth $1,238,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Enerpac Tool Group by 208.4% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,034,256 shares of the company’s stock valued at $154,028,000 after buying an additional 2,726,293 shares in the last quarter. Champlain Investment Partners LLC lifted its stake in Enerpac Tool Group by 6.2% during the first quarter. Champlain Investment Partners LLC now owns 3,191,590 shares of the company’s stock worth $113,812,000 after purchasing an additional 186,335 shares during the last quarter. Kingdon Capital Management L.L.C. acquired a new stake in shares of Enerpac Tool Group in the 1st quarter valued at $5,349,000. Kennedy Capital Management LLC raised its holdings in shares of Enerpac Tool Group by 22.6% during the 1st quarter. Kennedy Capital Management LLC now owns 594,327 shares of the company’s stock worth $21,194,000 after buying an additional 109,463 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Enerpac Tool Group by 137.5% during the 2nd quarter. Sei Investments Co. now owns 179,662 shares of the company’s stock worth $6,859,000 after buying an additional 104,019 shares during the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Enerpac Tool Group Stock Up 2.8 %

Shares of NYSE:EPAC opened at $43.73 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.20 and a current ratio of 2.85. Enerpac Tool Group Corp. has a 52-week low of $25.65 and a 52-week high of $43.90. The company has a market capitalization of $2.37 billion, a PE ratio of 28.77 and a beta of 1.15. The company has a fifty day moving average of $40.84 and a 200-day moving average of $38.76.

Enerpac Tool Group Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Friday, October 18th. Shareholders of record on Monday, October 7th will be issued a dividend of $0.04 per share. This represents a yield of 0.1%. The ex-dividend date of this dividend is Monday, October 7th. Enerpac Tool Group’s payout ratio is presently 2.63%.

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.