Thrivent Financial for Lutherans Has $39.14 Million Stock Position in Enerpac Tool Group Corp. $EPAC

Thrivent Financial for Lutherans reduced its holdings in Enerpac Tool Group Corp. (NYSE:EPAC) by 10.0% in the 4th quarter, HoldingsChannel reports. The fund owned 1,023,403 shares of the company’s stock after selling 113,441 shares during the period. Thrivent Financial for Lutherans’ holdings in Enerpac Tool Group were worth $39,135,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp boosted its stake in shares of Enerpac Tool Group by 121.3% in the 3rd quarter. Fifth Third Bancorp now owns 874 shares of the company’s stock valued at $36,000 after purchasing an additional 479 shares during the last quarter. Danske Bank A S bought a new stake in shares of Enerpac Tool Group in the 3rd quarter valued at $45,000. Advisory Services Network LLC bought a new stake in shares of Enerpac Tool Group in the 3rd quarter valued at $61,000. State of Wyoming boosted its stake 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 purchasing an additional 1,315 shares during the last quarter. Finally, PharVision Advisers LLC bought a new stake in shares of Enerpac Tool Group in the 3rd quarter valued at $222,000. 97.70% of the stock is owned by institutional investors.

Enerpac Tool Group Stock Performance

EPAC opened at $33.65 on Friday. The company has a current ratio of 2.56, a quick ratio of 1.88 and a debt-to-equity ratio of 0.43. The company’s fifty day moving average price is $35.79 and its two-hundred day moving average price is $38.55. Enerpac Tool Group Corp. has a 1-year low of $33.64 and a 1-year high of $45.68. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 21.03 and a beta of 0.89.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings data on Wednesday, March 25th. The company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. Enerpac Tool Group had a net margin of 13.69% and a return on equity of 22.25%. The firm had revenue of $154.81 million for the quarter, compared to the consensus estimate of $147.80 million. The business’s revenue was up 6.4% on a year-over-year basis. On average, analysts expect that Enerpac Tool Group Corp. will post 1.89 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, 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. One investment analyst has rated the stock with a Buy rating and three have issued 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 $51.00.

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.