Capital International Investors Takes 6.6% Stake in Enerpac Tool Group

TL;DR

**Big investor Capital International Investors just revealed a 6.6% stake in Enerpac Tool Group.**

AI Summary

Capital International Investors, a major investment firm, reported on February 9, 2024, that they hold a significant stake in Enerpac Tool Group Corp. (ETG). This filing indicates that as of December 29, 2023, Capital International Investors beneficially owns 4,000,000 shares of Enerpac's Common Stock, representing 6.6% of the company. This matters to investors because a large, reputable institutional investor taking a substantial position can signal confidence in the company's future prospects and potentially influence its stock price positively.

Why It Matters

This filing shows a major institutional investor, Capital International Investors, has a significant ownership stake in Enerpac Tool Group, which can be seen as a vote of confidence in the company.

Risk Assessment

Risk Level: low — This filing generally indicates a positive or neutral event, as a large institutional investor has taken a significant position.

Analyst Insight

A smart investor would view this as a positive signal, suggesting that a large, sophisticated investor sees value in Enerpac Tool Group. It might warrant further research into ETG's fundamentals and recent performance.

Key Numbers

• 4,000,000 — Shares Beneficially Owned (Represents the total number of Enerpac Tool Group Corp. common shares held by Capital International Investors as of December 29, 2023.)
• 6.6% — Percentage of Class (Indicates the proportion of Enerpac Tool Group Corp.'s common stock owned by Capital International Investors, making them a significant shareholder.)

Key Players & Entities

• Capital International Investors (company) — reporting person and institutional investor
• Enerpac Tool Group Corp. (company) — subject company, issuer of the securities
• 4,000,000 (dollar_amount) — number of shares beneficially owned
• 6.6% (dollar_amount) — percentage of class beneficially owned
• December 29, 2023 (person) — date of event requiring the filing
• February 9, 2024 (person) — filing date

Forward-Looking Statements

• Enerpac Tool Group Corp. (ETG) stock may experience increased investor confidence due to Capital International Investors' significant stake. (Enerpac Tool Group Corp.) — medium confidence, target: Next 3-6 months

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 16KB
• 0001422848-24-000158.txt ( ) — 18KB

From the Filing

SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * Enerpac Tool Group Corp. (Name of Issuer) Common Stock (Title of Class of Securities) 292765104 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 292765104 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital International Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 4,347,380 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 4,347,380 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,347,380 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Enerpac Tool Group Corp. (b) Address of Issuer's Principal Executive Offices N86 W12500 Westbrook Crossing, Menomonee Falls, WI 53051 Item 2. (a) Name of Person Filing Capital International Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 292765104 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 4,347,380 ** (b) Percent of Class: 8.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 4,347,380 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 4,347,380 (iv) shared power to dispose or to direct the disposition of 0 **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 4,347,380 shares or 8.0% of the 54,129,373 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficia

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