Enerpac Tool Group Corp. (NYSE:EPAC) Shares Bought by Strs Ohio

Strs Ohio grew its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 42.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,000 shares of the company’s stock after purchasing an additional 7,800 shares during the quarter. Strs Ohio’s holdings in Enerpac Tool Group were worth $808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Jennison Associates LLC boosted its stake in Enerpac Tool Group by 25.5% during the 3rd quarter. Jennison Associates LLC now owns 2,661,861 shares of the company’s stock worth $70,353,000 after purchasing an additional 540,747 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Enerpac Tool Group by 8.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 629,386 shares of the company’s stock worth $16,635,000 after purchasing an additional 49,268 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Enerpac Tool Group by 2.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 578,582 shares of the company’s stock worth $15,292,000 after purchasing an additional 15,485 shares during the last quarter. Mesirow Institutional Investment Management Inc. boosted its stake in Enerpac Tool Group by 3.8% during the 3rd quarter. Mesirow Institutional Investment Management Inc. now owns 507,331 shares of the company’s stock worth $13,409,000 after purchasing an additional 18,455 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Enerpac Tool Group by 39.0% during the 3rd quarter. Invesco Ltd. now owns 351,954 shares of the company’s stock worth $9,302,000 after purchasing an additional 98,763 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Trading Up 0.3 %

Shares of EPAC stock opened at $36.17 on Thursday. The company’s 50-day moving average price is $34.35 and its 200-day moving average price is $31.12. The company has a current ratio of 3.11, a quick ratio of 2.41 and a debt-to-equity ratio of 0.71. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 28.48 and a beta of 1.21. Enerpac Tool Group Corp. has a twelve month low of $22.94 and a twelve month high of $36.40.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings results on Thursday, March 21st. The company reported $0.36 earnings per share for the quarter, meeting the consensus estimate of $0.36. The firm had revenue of $138.44 million for the quarter, compared to analysts’ expectations of $141.10 million. Enerpac Tool Group had a net margin of 11.75% and a return on equity of 26.38%. During the same quarter in the previous year, the company posted $0.35 EPS. As a group, equities analysts predict that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current year.

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.