6,577 Shares in Enerpac Tool Group Corp. (NYSE:EPAC) Purchased by Two Sigma Securities LLC

Two Sigma Securities LLC acquired a new stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,577 shares of the company's stock, valued at approximately $270,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EPAC. Thrivent Financial for Lutherans boosted its position in Enerpac Tool Group by 1,061.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 495,282 shares of the company's stock worth $20,351,000 after purchasing an additional 452,641 shares during the period. Wells Fargo & Company MN boosted its position in Enerpac Tool Group by 1,931.9% during the fourth quarter. Wells Fargo & Company MN now owns 409,263 shares of the company's stock worth $16,817,000 after purchasing an additional 389,121 shares during the period. Cerity Partners LLC bought a new position in Enerpac Tool Group during the fourth quarter worth about $8,338,000. Grandeur Peak Global Advisors LLC boosted its position in Enerpac Tool Group by 1,197.5% during the fourth quarter. Grandeur Peak Global Advisors LLC now owns 208,385 shares of the company's stock worth $8,563,000 after purchasing an additional 192,325 shares during the period. Finally, Invesco Ltd. boosted its position in Enerpac Tool Group by 39.2% during the fourth quarter. Invesco Ltd. now owns 574,894 shares of the company's stock worth $23,622,000 after purchasing an additional 161,794 shares during the period. Institutional investors own 97.70% of the company's stock.

Wall Street Analyst Weigh In

Separately, CJS Securities began coverage on shares of Enerpac Tool Group in a research report on Friday, March 14th. They issued an "outperform" rating and a $53.00 price objective for the company.

Enerpac Tool Group Price Performance

EPAC stock opened at $40.08 on Tuesday. The firm has a 50 day moving average of $42.67 and a 200-day moving average of $44.43. The company has a current ratio of 2.92, a quick ratio of 2.24 and a debt-to-equity ratio of 0.47. Enerpac Tool Group Corp. has a 12 month low of $35.12 and a 12 month high of $51.91. The firm has a market capitalization of $2.17 billion, a P/E ratio of 24.44 and a beta of 1.08.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last released its quarterly earnings data on Monday, March 24th. The company reported $0.39 EPS for the quarter, meeting analysts' consensus estimates of $0.39. Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. The company had revenue of $145.53 million during the quarter, compared to analyst estimates of $139.80 million. As a group, sell-side analysts predict that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

Enerpac Tool Group 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.

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