Gotham Asset Management LLC Has $288,000 Stock Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Gotham Asset Management LLC decreased its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 50.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,010 shares of the company's stock after selling 7,194 shares during the quarter. Gotham Asset Management LLC's holdings in Enerpac Tool Group were worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans grew its holdings in shares of Enerpac Tool Group by 1,061.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 495,282 shares of the company's stock valued at $20,351,000 after acquiring an additional 452,641 shares in the last quarter. 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 valued at $16,817,000 after purchasing an additional 389,121 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Enerpac Tool Group by 230.6% in the fourth quarter. Ameriprise Financial Inc. now owns 535,310 shares of the company's stock valued at $21,996,000 after purchasing an additional 373,372 shares in the last quarter. Cerity Partners LLC purchased a new position in Enerpac Tool Group in the fourth quarter valued at about $8,338,000. Finally, Grandeur Peak Global Advisors LLC increased its position in Enerpac Tool Group by 1,197.5% in the 4th 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 last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Enerpac Tool Group Stock Down 1.3%

Enerpac Tool Group stock traded down $0.58 during mid-day trading on Monday, hitting $42.52. 180,926 shares of the company's stock were exchanged, compared to its average volume of 330,244. Enerpac Tool Group Corp. has a 1-year low of $35.18 and a 1-year high of $51.91. The stock has a 50 day moving average of $42.05 and a two-hundred day moving average of $44.15. 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 cap of $2.30 billion, a P/E ratio of 25.92 and a beta of 1.20.

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. CJS Securities initiated coverage on Enerpac Tool Group in a report on Friday, March 14th. They set an "outperform" rating and a $53.00 price target for the company. Wall Street Zen upgraded shares of Enerpac Tool Group from a "hold" rating to a "buy" rating in a research note on Saturday.

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.