GW&K Investment Management LLC Grows Stock Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

GW&K Investment Management LLC increased its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 45.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 759,566 shares of the company's stock after acquiring an additional 237,763 shares during the quarter. GW&K Investment Management LLC owned approximately 1.40% of Enerpac Tool Group worth $34,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Whittier Trust Co. grew its holdings in shares of Enerpac Tool Group by 361.9% in the first quarter. Whittier Trust Co. now owns 1,663 shares of the company's stock worth $75,000 after acquiring an additional 1,303 shares during the period. Edgestream Partners L.P. raised its position in Enerpac Tool Group by 19.8% during the first quarter. Edgestream Partners L.P. now owns 76,276 shares of the company's stock valued at $3,422,000 after purchasing an additional 12,582 shares during the period. Alps Advisors Inc. purchased a new stake in Enerpac Tool Group during the first quarter valued at approximately $368,000. MainStreet Investment Advisors LLC grew its stake in shares of Enerpac Tool Group by 5.5% during the first quarter. MainStreet Investment Advisors LLC now owns 6,795 shares of the company's stock valued at $305,000 after buying an additional 355 shares during the last quarter. Finally, M&T Bank Corp grew its stake in Enerpac Tool Group by 211.4% in the first quarter. M&T Bank Corp now owns 58,327 shares of the company's stock worth $2,616,000 after purchasing an additional 39,599 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors.

Enerpac Tool Group Trading Up 1.8%

EPAC traded up $0.68 during trading hours on Friday, reaching $38.17. The company's stock had a trading volume of 63,863 shares, compared to its average volume of 346,669. Enerpac Tool Group Corp. has a fifty-two week low of $36.51 and a fifty-two week high of $51.91. The stock has a market cap of $2.06 billion, a PE ratio of 23.39 and a beta of 1.16. The business's 50-day moving average is $41.12 and its 200-day moving average is $42.52. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.90 and a quick ratio of 2.24.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last posted its earnings results on Monday, June 23rd. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.47 by $0.04. Enerpac Tool Group had a return on equity of 24.04% and a net margin of 14.65%. The firm had revenue of $158.66 million for the quarter, compared to analyst estimates of $159.35 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. As a group, equities research analysts predict that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Enerpac Tool Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 5th.

Enerpac Tool Group Company 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.