Heck Capital Advisors LLC Makes New $99,000 Investment in Enerpac Tool Group Corp. (NYSE:EPAC)

Heck Capital Advisors LLC purchased a new stake in Enerpac Tool Group Corp. (NYSE:EPAC) during the 4th quarter, Holdings Channel reports. The firm purchased 2,411 shares of the company’s stock, valued at approximately $99,000.

Several other large investors have also modified their holdings of EPAC. Intech Investment Management LLC acquired a new position in Enerpac Tool Group in the 3rd quarter valued at about $442,000. Quest Partners LLC acquired a new position in shares of Enerpac Tool Group in the third quarter valued at approximately $1,312,000. Geode Capital Management LLC lifted its stake in shares of Enerpac Tool Group by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company’s stock valued at $51,797,000 after buying an additional 21,056 shares during the period. State Street Corp boosted its position in Enerpac Tool Group by 16.3% during the third quarter. State Street Corp now owns 2,393,472 shares of the company’s stock worth $100,263,000 after acquiring an additional 336,323 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in Enerpac Tool Group by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 277,494 shares of the company’s stock worth $11,624,000 after acquiring an additional 7,845 shares during the period. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Enerpac Tool Group Trading Up 0.6 %

Shares of Enerpac Tool Group stock opened at $45.19 on Monday. The firm has a market cap of $2.46 billion, a PE ratio of 27.55 and a beta of 1.18. 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 fifty-two week low of $30.43 and a fifty-two week high of $51.91. The business’s fifty day moving average is $44.70 and its two-hundred day moving average is $43.27.

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

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.