Natixis Advisors LLC Makes New Investment in Enerpac Tool Group Corp. (NYSE:EPAC)

Natixis Advisors LLC purchased a new stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,981 shares of the company's stock, valued at approximately $657,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Intech Investment Management LLC bought a new position in shares of Enerpac Tool Group during the 3rd quarter worth approximately $442,000. Amundi raised its stake in Enerpac Tool Group by 184.7% during the fourth quarter. Amundi now owns 27,217 shares of the company's stock worth $1,121,000 after acquiring an additional 17,658 shares in the last quarter. Atria Investments Inc bought a new position in shares of Enerpac Tool Group during the fourth quarter valued at $261,000. Wealthspire Advisors LLC bought a new position in shares of Enerpac Tool Group during the fourth quarter valued at $238,000. Finally, US Bancorp DE raised its stake in shares of Enerpac Tool Group by 117.5% in the fourth quarter. US Bancorp DE now owns 17,236 shares of the company's stock valued at $708,000 after acquiring an additional 9,311 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors.

Enerpac Tool Group Price Performance

Shares of NYSE:EPAC traded down $1.42 during midday trading on Friday, reaching $44.80. The company's stock had a trading volume of 218,500 shares, compared to its average volume of 325,218. The business's fifty day simple moving average is $44.97 and its 200-day simple moving average is $44.73. The company has a market capitalization of $2.42 billion, a P/E ratio of 27.32 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.92 and a quick ratio of 2.24. Enerpac Tool Group Corp. has a fifty-two week low of $34.47 and a fifty-two week high of $51.91.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last posted its quarterly earnings data on Monday, March 24th. The company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. The firm had revenue of $145.53 million during the quarter, compared to analysts' expectations of $139.80 million. As a group, equities research analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, CJS Securities assumed coverage on Enerpac Tool Group in a report on Friday, March 14th. They set an "outperform" rating and a $53.00 price target 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.