Universal Beteiligungs und Servicegesellschaft mbH Acquires 13,631 Shares of Enerpac Tool Group Corp. $EPAC

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 98.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,531 shares of the company’s stock after buying an additional 13,631 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.05% of Enerpac Tool Group worth $1,129,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of EPAC. Elevation Point Wealth Partners LLC acquired a new position in Enerpac Tool Group during the second quarter valued at approximately $42,000. Simplex Trading LLC bought a new stake in shares of Enerpac Tool Group during the 2nd quarter worth approximately $75,000. State of Wyoming boosted its holdings in shares of Enerpac Tool Group by 95.4% in the 2nd quarter. State of Wyoming now owns 2,694 shares of the company’s stock valued at $109,000 after buying an additional 1,315 shares during the last quarter. AdvisorNet Financial Inc bought a new position in shares of Enerpac Tool Group in the third quarter valued at $129,000. Finally, Laurel Wealth Advisors LLC grew its stake in shares of Enerpac Tool Group by 3,956.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,422 shares of the company’s stock valued at $179,000 after buying an additional 4,313 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EPAC. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Enerpac Tool Group in a research report on Monday, December 29th. William Blair started coverage on shares of Enerpac Tool Group in a research note on Friday, January 16th. They set a “market perform” rating on the stock. Wall Street Zen downgraded shares of Enerpac Tool Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Finally, Roth Mkm set a $51.00 price target on Enerpac Tool Group and gave the stock a “buy” rating in a report on Monday, October 20th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Enerpac Tool Group presently has a consensus rating of “Hold” and a consensus price target of $52.00.

Enerpac Tool Group Trading Up 0.5%

Shares of EPAC stock opened at $40.42 on Friday. Enerpac Tool Group Corp. has a 12-month low of $35.01 and a 12-month high of $47.47. The company has a market capitalization of $2.13 billion, a PE ratio of 24.20 and a beta of 1.01. The firm has a 50 day moving average price of $39.29 and a two-hundred day moving average price of $40.16. The company has a quick ratio of 2.14, a current ratio of 2.83 and a debt-to-equity ratio of 0.42.

Enerpac Tool Group (NYSE:EPAC) last announced its 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 firm had revenue of $144.21 million for the quarter, compared to the consensus estimate of $146.45 million. Enerpac Tool Group had a return on equity of 22.46% and a net margin of 14.64%.During the same quarter last year, the business posted $0.40 EPS. As a group, analysts predict that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

Enerpac Tool Group 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.