Keybank National Association OH Raises Stake in Enerpac Tool Group Corp. (NYSE:EPAC)

Keybank National Association OH boosted its position in Enerpac Tool Group Corp. (NYSE:EPACFree Report) by 25.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,985 shares of the company’s stock after buying an additional 3,036 shares during the quarter. Keybank National Association OH’s holdings in Enerpac Tool Group were worth $396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of EPAC. Quantbot Technologies LP purchased a new stake in shares of Enerpac Tool Group during the third quarter valued at approximately $87,000. Barclays PLC increased its holdings in shares of Enerpac Tool Group by 4.8% during the third quarter. Barclays PLC now owns 35,149 shares of the company’s stock valued at $929,000 after acquiring an additional 1,616 shares in the last quarter. Illinois Municipal Retirement Fund bought a new position in shares of Enerpac Tool Group during the third quarter valued at $892,000. Los Angeles Capital Management LLC boosted its position in shares of Enerpac Tool Group by 2.0% during the third quarter. Los Angeles Capital Management LLC now owns 18,385 shares of the company’s stock valued at $486,000 after buying an additional 362 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its position in Enerpac Tool Group by 29.1% in the third quarter. Victory Capital Management Inc. now owns 27,842 shares of the company’s stock worth $736,000 after purchasing an additional 6,275 shares during the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Analysts Set New Price Targets

Separately, CL King began coverage on Enerpac Tool Group in a research report on Wednesday, October 25th. They set a “buy” rating and a $35.00 price objective on the stock.

Read Our Latest Report on Enerpac Tool Group

Enerpac Tool Group Stock Down 1.0 %

Shares of EPAC opened at $31.38 on Thursday. The business’s 50 day moving average is $30.22 and its 200 day moving average is $28.25. The company has a market capitalization of $1.70 billion, a PE ratio of 30.76 and a beta of 1.21. Enerpac Tool Group Corp. has a 12-month low of $22.94 and a 12-month high of $32.94. The company has a current ratio of 2.83, a quick ratio of 2.20 and a debt-to-equity ratio of 0.75.

Enerpac Tool Group (NYSE:EPACGet Free Report) last issued its earnings results on Wednesday, December 20th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.07. Enerpac Tool Group had a return on equity of 26.47% and a net margin of 9.46%. The company had revenue of $141.97 million for the quarter, compared to the consensus estimate of $137.90 million. During the same quarter last year, the company earned $0.29 EPS. Research analysts expect that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current fiscal year.

Enerpac Tool Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Enerpac Tool Group (NYSE:EPAC)

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