Wealthspire Advisors LLC Purchases New Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Wealthspire Advisors LLC purchased a new stake in Enerpac Tool Group Corp. (NYSE:EPAC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,790 shares of the company’s stock, valued at approximately $238,000.

Other hedge funds have also recently modified their holdings of the company. Quarry LP lifted its position in shares of Enerpac Tool Group by 110.7% during the 3rd quarter. Quarry LP now owns 830 shares of the company’s stock worth $35,000 after buying an additional 436 shares in the last quarter. First Horizon Advisors Inc. bought a new position in shares of Enerpac Tool Group during the 4th quarter worth approximately $36,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Enerpac Tool Group during the 3rd quarter worth approximately $42,000. Venturi Wealth Management LLC bought a new position in shares of Enerpac Tool Group during the 4th quarter worth approximately $51,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Enerpac Tool Group during the 4th quarter worth approximately $99,000. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Price Performance

Enerpac Tool Group stock opened at $45.39 on Friday. Enerpac Tool Group Corp. has a 52 week low of $32.07 and a 52 week high of $51.91. The company’s 50 day moving average price is $43.87 and its two-hundred day moving average price is $44.04. 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 stock has a market cap of $2.47 billion, a P/E ratio of 27.68 and a beta of 1.17.

Enerpac Tool Group (NYSE:EPAC) last posted its earnings results on Wednesday, December 18th. The company reported $0.40 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%. On average, equities analysts predict that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

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.