63,694 Shares in Enerpac Tool Group Corp. (NYSE:EPAC) Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 63,694 shares of the company’s stock, valued at approximately $2,617,000. Edgestream Partners L.P. owned approximately 0.12% of Enerpac Tool Group as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in EPAC. Wealth Enhancement Advisory Services LLC bought a new stake in Enerpac Tool Group during the third quarter worth approximately $235,000. Principal Financial Group Inc. boosted its holdings in Enerpac Tool Group by 2.9% during the third quarter. Principal Financial Group Inc. now owns 277,494 shares of the company’s stock worth $11,624,000 after buying an additional 7,845 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Enerpac Tool Group by 8.7% during the third quarter. Victory Capital Management Inc. now owns 25,219 shares of the company’s stock worth $1,056,000 after buying an additional 2,026 shares in the last quarter. Chesapeake Capital Corp IL boosted its holdings in Enerpac Tool Group by 28.6% during the third quarter. Chesapeake Capital Corp IL now owns 11,963 shares of the company’s stock worth $501,000 after buying an additional 2,664 shares in the last quarter. Finally, Quest Partners LLC bought a new stake in Enerpac Tool Group during the third quarter worth approximately $1,312,000. 97.70% of the stock is currently owned by institutional investors.

Enerpac Tool Group Trading Up 1.9 %

Enerpac Tool Group stock opened at $45.87 on Monday. The company has a 50 day moving average price of $44.17 and a 200 day moving average price of $44.30. Enerpac Tool Group Corp. has a 52 week low of $32.28 and a 52 week high of $51.91. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.24 and a current ratio of 2.92. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 27.97 and a beta of 1.18.

Enerpac Tool Group (NYSE:EPAC) last posted its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. Research analysts forecast that Enerpac Tool Group Corp. will post 1.78 EPS for the current year.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.