6,352 Shares in Enerpac Tool Group Corp. (NYSE:EPAC) Purchased by Atria Investments Inc

Atria Investments Inc bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 6,352 shares of the company’s stock, valued at approximately $261,000.

Other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. purchased a new stake in shares of Enerpac Tool Group in the 4th quarter worth approximately $29,000. Quarry LP raised its stake in 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 in the last quarter. First Horizon Advisors Inc. purchased a new stake in Enerpac Tool Group during the fourth quarter worth $36,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Enerpac Tool Group during the 3rd quarter valued at $42,000. Finally, Venturi Wealth Management LLC purchased a new position in shares of Enerpac Tool Group in the 4th quarter valued at $51,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Down 0.3 %

NYSE:EPAC opened at $43.81 on Tuesday. The company’s 50-day simple moving average is $44.55 and its 200-day simple moving average is $44.45. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.24 and a current ratio of 2.92. Enerpac Tool Group Corp. has a fifty-two week low of $32.28 and a fifty-two week high of $51.91. The stock has a market capitalization of $2.38 billion, a P/E ratio of 26.71 and a beta of 1.18.

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 net margin of 15.14% and a return on equity of 25.39%. On average, equities analysts anticipate that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, CJS Securities started coverage on Enerpac Tool Group in a research note on Friday. They set an “outperform” rating and a $53.00 price objective for the company.

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.