Susquehanna Fundamental Investments LLC Acquires New Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Susquehanna Fundamental Investments LLC bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 100,510 shares of the company's stock, valued at approximately $4,130,000. Susquehanna Fundamental Investments LLC owned 0.18% of Enerpac Tool Group at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of EPAC. Barclays PLC raised its position in shares of Enerpac Tool Group by 321.7% during the 3rd quarter. Barclays PLC now owns 107,979 shares of the company's stock valued at $4,524,000 after buying an additional 82,376 shares during the period. SkyView Investment Advisors LLC lifted its stake in shares of Enerpac Tool Group by 1.6% in the 3rd quarter. SkyView Investment Advisors LLC now owns 17,014 shares of the company's stock valued at $713,000 after purchasing an additional 276 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Enerpac Tool Group by 17.8% in the 3rd quarter. Tidal Investments LLC now owns 18,419 shares of the company's stock valued at $772,000 after purchasing an additional 2,780 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Enerpac Tool Group by 2.9% during the 3rd quarter. Principal Financial Group Inc. now owns 277,494 shares of the company's stock worth $11,624,000 after purchasing an additional 7,845 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in Enerpac Tool Group in the 4th quarter valued at about $252,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Enerpac Tool Group Stock Down 0.4 %

Shares of NYSE EPAC opened at $40.08 on Tuesday. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47. The business's 50 day moving average is $42.67 and its two-hundred day moving average is $44.43. Enerpac Tool Group Corp. has a 52-week low of $35.12 and a 52-week high of $51.91. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 24.44 and a beta of 1.08.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last posted its earnings results on Monday, March 24th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $145.53 million for the quarter, compared to analyst estimates of $139.80 million. Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. Research analysts predict that Enerpac Tool Group Corp. will post 1.78 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, CJS Securities assumed coverage on shares of Enerpac Tool Group in a research note on Friday, March 14th. They set an "outperform" rating and a $53.00 target price for the company.

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.

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