Strs Ohio acquired a new stake in Enerpac Tool Group Corp. (NYSE:EPAC – Get Rating) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,800 shares of the company’s stock, valued at approximately $121,000.
Several other large investors have also made changes to their positions in EPAC. Clarkston Capital Partners LLC boosted its holdings in shares of Enerpac Tool Group by 2.9% in the 2nd quarter. Clarkston Capital Partners LLC now owns 4,842,883 shares of the company’s stock valued at $92,112,000 after acquiring an additional 136,478 shares during the last quarter. BlackRock Inc. boosted its holdings in Enerpac Tool Group by 0.9% during the first quarter. BlackRock Inc. now owns 9,149,186 shares of the company’s stock worth $200,275,000 after buying an additional 77,746 shares in the last quarter. State Street Corp boosted its holdings in Enerpac Tool Group by 3.7% during the first quarter. State Street Corp now owns 2,048,253 shares of the company’s stock worth $44,836,000 after buying an additional 72,415 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Enerpac Tool Group by 122.6% during the first quarter. Goldman Sachs Group Inc. now owns 127,896 shares of the company’s stock worth $2,800,000 after buying an additional 70,442 shares in the last quarter. Finally, Jennison Associates LLC boosted its holdings in Enerpac Tool Group by 3.5% during the second quarter. Jennison Associates LLC now owns 2,064,039 shares of the company’s stock worth $39,258,000 after buying an additional 69,844 shares in the last quarter. 97.96% of the stock is owned by hedge funds and other institutional investors.
Enerpac Tool Group Stock Performance
EPAC opened at $24.13 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.29 and a debt-to-equity ratio of 0.60. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 65.22 and a beta of 1.36. Enerpac Tool Group Corp. has a 52-week low of $16.09 and a 52-week high of $27.37. The firm’s fifty day simple moving average is $24.77 and its two-hundred day simple moving average is $22.16.
Analysts Set New Price Targets
Separately, TheStreet downgraded shares of Enerpac Tool Group from a “b-” rating to a “c” rating in a report on Wednesday, December 21st.
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, and internationally. It operates through Industrial Tools & Services (IT&S) and Other segments. The IT&S 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.
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