Susquehanna Fundamental Investments LLC Buys Shares of 100,510 Enerpac Tool Group Corp. (NYSE:EPAC)

Susquehanna Fundamental Investments LLC acquired a new position in Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 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 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EPAC. Thrivent Financial for Lutherans lifted its holdings in Enerpac Tool Group by 1,061.5% in 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 lifted its stake in shares of Enerpac Tool Group by 1,931.9% in the 4th quarter. Wells Fargo & Company MN now owns 409,263 shares of the company's stock worth $16,817,000 after acquiring an additional 389,121 shares during the period. Cerity Partners LLC bought a new position in shares of Enerpac Tool Group in the fourth quarter valued at approximately $8,338,000. Grandeur Peak Global Advisors LLC increased its stake in shares of 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 valued at $8,563,000 after acquiring an additional 192,325 shares during the period. Finally, Invesco Ltd. raised its holdings 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 in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, CJS Securities started coverage on Enerpac Tool Group in a research report on Friday, March 14th. They set an "outperform" rating and a $53.00 price target on the stock.

Enerpac Tool Group Price Performance

NYSE EPAC traded up $1.28 on Friday, reaching $41.93. The company's stock had a trading volume of 158,605 shares, compared to its average volume of 331,031. The firm's 50 day moving average is $42.26 and its two-hundred day moving average is $44.35. The stock has a market cap of $2.27 billion, a PE ratio of 25.57 and a beta of 1.20. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.24 and a current ratio of 2.92. Enerpac Tool Group Corp. has a twelve month low of $35.18 and a twelve month high of $51.91.

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

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.