Enerpac Tool Group Corp. (NYSE:EPAC) Stock Holdings Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 626,058 shares of the company’s stock after purchasing an additional 4,602 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.15% of Enerpac Tool Group worth $25,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EPAC. State Street Corp boosted its stake in Enerpac Tool Group by 16.3% during the 3rd quarter. State Street Corp now owns 2,393,472 shares of the company’s stock valued at $100,263,000 after purchasing an additional 336,323 shares in the last quarter. Barclays PLC boosted its stake in shares of Enerpac Tool Group by 321.7% during the 3rd quarter. Barclays PLC now owns 107,979 shares of the company’s stock worth $4,524,000 after acquiring an additional 82,376 shares in the last quarter. Swedbank AB bought a new stake in shares of Enerpac Tool Group during the 4th quarter worth $2,054,000. Quest Partners LLC bought a new stake in shares of Enerpac Tool Group during the 3rd quarter worth $1,312,000. Finally, HighTower Advisors LLC bought a new stake in shares of Enerpac Tool Group during the 3rd quarter worth $1,201,000. 97.70% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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 Price Performance

EPAC opened at $43.81 on Tuesday. The stock has a fifty day moving average of $44.55 and a 200-day moving average of $44.45. The firm has a market capitalization of $2.38 billion, a P/E ratio of 26.71 and a beta of 1.18. Enerpac Tool Group Corp. has a 12-month low of $32.28 and a 12-month 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.

Enerpac Tool Group (NYSE:EPAC) last released its earnings results on Wednesday, December 18th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. Equities analysts forecast that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

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.