Proficio Capital Partners LLC Buys Shares of 24,120 Enerpac Tool Group Corp. (NYSE:EPAC)

Proficio Capital Partners LLC bought a new stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 24,120 shares of the company’s stock, valued at approximately $991,000.

A number of other hedge funds have also added to or reduced their stakes in EPAC. Quarry LP grew its holdings in Enerpac Tool Group by 110.7% during the 3rd quarter. Quarry LP now owns 830 shares of the company’s stock valued at $35,000 after buying an additional 436 shares in the last quarter. First Horizon Advisors Inc. purchased a new position in Enerpac Tool Group during the 4th quarter valued at about $36,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Enerpac Tool Group during the 3rd quarter valued at about $42,000. Venturi Wealth Management LLC purchased a new position in Enerpac Tool Group during the 4th quarter valued at about $51,000. Finally, Heck Capital Advisors LLC purchased a new position in Enerpac Tool Group during the 4th quarter valued at about $99,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Up 1.9 %

Shares of NYSE EPAC opened at $45.87 on Friday. Enerpac Tool Group Corp. has a 12 month low of $32.28 and a 12 month high of $51.91. The company has a current ratio of 2.92, a quick ratio of 2.24 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $2.50 billion, a price-to-earnings ratio of 27.97 and a beta of 1.18. The business has a 50-day moving average of $44.08 and a 200-day moving average of $44.20.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings data on Wednesday, December 18th. The company reported $0.40 EPS 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%. Sell-side analysts expect that Enerpac Tool Group Corp. will post 1.78 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.