US Bancorp DE Grows Stock Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

US Bancorp DE lifted its holdings in Enerpac Tool Group Corp. (NYSE:EPAC) by 117.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,236 shares of the company’s stock after acquiring an additional 9,311 shares during the quarter. US Bancorp DE’s holdings in Enerpac Tool Group were worth $708,000 as of its most recent SEC filing.

Other institutional investors have 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 worth $35,000 after buying an additional 436 shares during the last quarter. First Horizon Advisors Inc. acquired a new stake in shares of Enerpac Tool Group during the 4th quarter worth approximately $36,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Enerpac Tool Group in the 3rd quarter valued at $42,000. Venturi Wealth Management LLC purchased a new stake in Enerpac Tool Group during the fourth quarter worth $51,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of Enerpac Tool Group in the fourth quarter worth about $99,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Price Performance

NYSE:EPAC opened at $45.16 on Tuesday. The stock has a market capitalization of $2.46 billion, a PE ratio of 27.54 and a beta of 1.18. Enerpac Tool Group Corp. has a 52 week low of $32.28 and a 52 week high of $51.91. 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’s 50-day moving average price is $44.25 and its 200-day moving average price is $44.34.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, December 18th. The company reported $0.40 earnings per share 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%. As a group, equities analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

Enerpac Tool Group Company 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.