Enerpac Tool Group Corp. (NYSE:EPAC) Shares Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. grew its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 0.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 142,300 shares of the company’s stock after buying an additional 950 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Enerpac Tool Group were worth $5,847,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Enerpac Tool Group by 16.3% in the third quarter. State Street Corp now owns 2,393,472 shares of the company’s stock valued at $100,263,000 after purchasing an additional 336,323 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Enerpac Tool Group by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company’s stock valued at $51,797,000 after purchasing an additional 21,056 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Enerpac Tool Group by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 626,058 shares of the company’s stock valued at $25,725,000 after purchasing an additional 4,602 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of 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 valued at $20,351,000 after purchasing an additional 452,641 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Enerpac Tool Group by 3.5% in the fourth quarter. Principal Financial Group Inc. now owns 287,271 shares of the company’s stock valued at $11,804,000 after purchasing an additional 9,777 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Price Performance

EPAC opened at $42.04 on Friday. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47. Enerpac Tool Group Corp. has a 12-month low of $34.47 and a 12-month high of $51.91. The stock has a fifty day moving average of $44.71 and a 200-day moving average of $44.46. The firm has a market capitalization of $2.29 billion, a P/E ratio of 25.64 and a beta of 1.18.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.01). Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. Equities analysts forecast that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, CJS Securities began coverage on Enerpac Tool Group in a report on Friday, March 14th. They issued an “outperform” rating and a $53.00 target price for the company.

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.