27,200 Shares in Enerpac Tool Group Corp. (NYSE:EPAC) Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in Enerpac Tool Group Corp. (NYSE:EPAC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 27,200 shares of the company’s stock, valued at approximately $846,000. Louisiana State Employees Retirement System owned 0.05% of Enerpac Tool Group as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC boosted its stake in Enerpac Tool Group by 2.0% in the 3rd quarter. Los Angeles Capital Management LLC now owns 18,385 shares of the company’s stock worth $486,000 after purchasing an additional 362 shares during the period. Moody National Bank Trust Division lifted its position in Enerpac Tool Group by 3.4% in the 4th quarter. Moody National Bank Trust Division now owns 13,467 shares of the company’s stock worth $419,000 after buying an additional 437 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in Enerpac Tool Group by 3.1% in the 3rd quarter. SkyView Investment Advisors LLC now owns 14,946 shares of the company’s stock worth $395,000 after buying an additional 451 shares in the last quarter. Howe & Rusling Inc. lifted its position in Enerpac Tool Group by 5.3% in the 3rd quarter. Howe & Rusling Inc. now owns 14,245 shares of the company’s stock worth $376,000 after buying an additional 721 shares in the last quarter. Finally, Barclays PLC lifted its position in Enerpac Tool Group by 4.8% in the 3rd quarter. Barclays PLC now owns 35,149 shares of the company’s stock worth $929,000 after buying an additional 1,616 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Stock Up 0.3 %

EPAC stock opened at $36.14 on Friday. Enerpac Tool Group Corp. has a 12-month low of $22.94 and a 12-month high of $36.44. The company has a quick ratio of 2.41, a current ratio of 3.11 and a debt-to-equity ratio of 0.71. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 28.46 and a beta of 1.21. The company has a 50 day moving average of $34.48 and a two-hundred day moving average of $31.22.

Enerpac Tool Group (NYSE:EPAC) last released its earnings results on Thursday, March 21st. The company reported $0.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.36. Enerpac Tool Group had a net margin of 11.75% and a return on equity of 26.38%. The company had revenue of $138.44 million during the quarter, compared to the consensus estimate of $141.10 million. During the same quarter in the prior year, the firm earned $0.35 EPS. On average, equities analysts anticipate that Enerpac Tool Group Corp. will post 1.75 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.