Enerpac Tool Group Corp. $EPAC Holdings Increased by Capital International Investors

Capital International Investors increased its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 9.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,530,064 shares of the company’s stock after acquiring an additional 403,834 shares during the period. Capital International Investors owned approximately 8.55% of Enerpac Tool Group worth $185,733,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Swiss National Bank lifted its position in Enerpac Tool Group by 1.2% in the third quarter. Swiss National Bank now owns 104,500 shares of the company’s stock worth $4,284,000 after purchasing an additional 1,200 shares during the period. Russell Investments Group Ltd. increased its position in shares of Enerpac Tool Group by 376.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 5,759 shares of the company’s stock valued at $236,000 after purchasing an additional 4,550 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Enerpac Tool Group by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,383,056 shares of the company’s stock worth $56,703,000 after buying an additional 4,480 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Enerpac Tool Group by 2.1% in the 3rd quarter. Victory Capital Management Inc. now owns 21,879 shares of the company’s stock worth $897,000 after buying an additional 456 shares in the last quarter. Finally, Champlain Investment Partners LLC lifted its holdings in shares of Enerpac Tool Group by 24.0% in the third quarter. Champlain Investment Partners LLC now owns 1,919,171 shares of the company’s stock valued at $78,686,000 after buying an additional 371,098 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Stock Down 0.4%

Shares of Enerpac Tool Group stock opened at $36.80 on Thursday. Enerpac Tool Group Corp. has a 12-month low of $35.01 and a 12-month high of $47.27. The firm has a market capitalization of $1.94 billion, a PE ratio of 22.03 and a beta of 0.96. The company has a quick ratio of 2.14, a current ratio of 2.83 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average is $40.68 and its 200-day moving average is $40.40.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings results on Wednesday, December 17th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The company had revenue of $144.21 million during the quarter, compared to analyst estimates of $146.45 million. Enerpac Tool Group had a net margin of 14.64% and a return on equity of 22.46%. During the same quarter last year, the business earned $0.40 EPS. Equities analysts anticipate that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on EPAC. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Enerpac Tool Group in a report on Monday, December 29th. William Blair began coverage on shares of Enerpac Tool Group in a report on Friday, January 16th. They issued a “market perform” rating for the company. Finally, Wall Street Zen lowered shares of Enerpac Tool Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $52.00.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. (NYSE: EPAC) is a global provider of high-pressure hydraulic tools, controlled force products and precision positioning equipment. The company’s products and solutions enable customers in manufacturing, energy, infrastructure, transportation and construction to lift, move, position and secure heavy loads with safety and accuracy. Enerpac’s core portfolio includes hydraulic pumps, cylinders, torque wrenches, torque multipliers, flange spreaders, tensioners and portable bolting tools, complemented by electric and pneumatic tools for a wide range of industrial applications.

In addition to its extensive product lines, Enerpac offers integrated systems and services such as engineered lifting solutions, custom skidding and spreader beam assemblies, mobile bolting units and digital monitoring platforms.