First Horizon Advisors Inc. Invests $36,000 in Enerpac Tool Group Corp. (NYSE:EPAC)

First Horizon Advisors Inc. acquired a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 874 shares of the company’s stock, valued at approximately $36,000.

Other institutional investors also recently made changes to their positions in the company. Quarry LP boosted its stake in shares of Enerpac Tool Group by 110.7% in the third quarter. Quarry LP now owns 830 shares of the company’s stock valued at $35,000 after buying an additional 436 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Enerpac Tool Group in the third quarter valued at approximately $42,000. Venturi Wealth Management LLC bought a new stake in shares of Enerpac Tool Group in the fourth quarter valued at approximately $51,000. Heck Capital Advisors LLC bought a new stake in shares of Enerpac Tool Group in the fourth quarter valued at approximately $99,000. Finally, KBC Group NV boosted its stake in shares of Enerpac Tool Group by 91.7% in the fourth quarter. KBC Group NV now owns 2,561 shares of the company’s stock valued at $105,000 after buying an additional 1,225 shares during the period. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Trading Down 0.1 %

Shares of EPAC stock opened at $45.39 on Friday. The company has a current ratio of 2.92, a quick ratio of 2.24 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. The stock has a 50 day simple moving average of $43.87 and a 200 day simple moving average of $44.04. Enerpac Tool Group Corp. has a 1 year low of $32.07 and a 1 year high of $51.91.

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 the consensus estimate of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. On average, research analysts predict that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal 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.