F m Investments LLC Purchases 26,593 Shares of Enerpac Tool Group Corp. $EPAC

F m Investments LLC grew its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 30.3% during the fourth quarter, HoldingsChannel reports. The firm owned 114,218 shares of the company’s stock after buying an additional 26,593 shares during the period. F m Investments LLC’s holdings in Enerpac Tool Group were worth $4,368,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EPAC. AQR Capital Management LLC boosted its stake in shares of Enerpac Tool Group by 29.5% in the 1st quarter. AQR Capital Management LLC now owns 27,208 shares of the company’s stock valued at $1,221,000 after purchasing an additional 6,203 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Enerpac Tool Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,370 shares of the company’s stock valued at $1,452,000 after purchasing an additional 1,425 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Enerpac Tool Group by 24.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 217,195 shares of the company’s stock valued at $9,743,000 after purchasing an additional 42,835 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Enerpac Tool Group by 32.8% in the 1st quarter. Jane Street Group LLC now owns 131,506 shares of the company’s stock valued at $5,899,000 after purchasing an additional 32,491 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Enerpac Tool Group in the 2nd quarter valued at $1,253,000. 97.70% of the stock is owned by institutional investors.

Enerpac Tool Group Stock Up 0.2%

Enerpac Tool Group stock opened at $35.60 on Friday. The company has a quick ratio of 1.88, a current ratio of 2.56 and a debt-to-equity ratio of 0.43. Enerpac Tool Group Corp. has a 12-month low of $33.66 and a 12-month high of $46.39. The firm’s fifty day moving average is $36.54 and its 200 day moving average is $38.85. The company has a market capitalization of $1.83 billion, a PE ratio of 22.25 and a beta of 0.89.

Enerpac Tool Group (NYSE:EPAC) last released its earnings results on Wednesday, March 25th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. Enerpac Tool Group had a net margin of 13.69% and a return on equity of 22.25%. The company had revenue of $154.81 million for the quarter, compared to the consensus estimate of $147.80 million. The company’s revenue was up 6.4% compared to the same quarter last year. As a group, sell-side analysts predict that Enerpac Tool Group Corp. will post 1.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. William Blair assumed coverage on shares of Enerpac Tool Group in a research note on Friday, January 16th. They issued a “market perform” rating on the stock. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.00.

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.