Enerpac Tool Group Corp. (NYSE:EPAC) Shares Purchased by Kensington Investment Counsel LLC

Kensington Investment Counsel LLC lifted its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,176 shares of the company’s stock after purchasing an additional 1,056 shares during the quarter. Kensington Investment Counsel LLC’s holdings in Enerpac Tool Group were worth $2,390,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Intech Investment Management LLC acquired a new stake in Enerpac Tool Group during the 3rd quarter worth approximately $442,000. Quest Partners LLC acquired a new stake in Enerpac Tool Group during the 3rd quarter worth approximately $1,312,000. Wealthspire Advisors LLC acquired a new stake in Enerpac Tool Group during the 4th quarter worth approximately $238,000. US Bancorp DE lifted its position in Enerpac Tool Group by 117.5% during the 4th quarter. US Bancorp DE now owns 17,236 shares of the company’s stock worth $708,000 after acquiring an additional 9,311 shares during the period. Finally, Geode Capital Management LLC lifted its position in Enerpac Tool Group by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company’s stock worth $51,797,000 after acquiring an additional 21,056 shares during the period. 97.70% of the stock is owned by institutional investors and hedge funds.

Enerpac Tool Group Stock Down 0.3 %

Enerpac Tool Group stock opened at $43.81 on Tuesday. Enerpac Tool Group Corp. has a twelve month low of $32.28 and a twelve month high of $51.91. The stock has a 50 day moving average of $44.55 and a two-hundred day moving average of $44.45. The company has a current ratio of 2.92, a quick ratio of 2.24 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 26.71 and a beta of 1.18.

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

Analyst Upgrades and Downgrades

Separately, CJS Securities started coverage on Enerpac Tool Group in a research report on Friday. They set an “outperform” rating and a $53.00 price objective for the company.

About Enerpac Tool Group

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.