Edgestream Partners L.P. Purchases New Shares in Enerpac Tool Group Corp. (NYSE:EPAC)

Edgestream Partners L.P. purchased a new position 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 63,694 shares of the company's stock, valued at approximately $2,617,000. Edgestream Partners L.P. owned about 0.12% of Enerpac Tool Group at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. bought a new stake in Enerpac Tool Group during the 4th quarter worth approximately $29,000. Quarry LP grew 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 purchasing an additional 436 shares during the last quarter. First Horizon Advisors Inc. acquired a new stake in Enerpac Tool Group in the fourth quarter valued at $36,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Enerpac Tool Group during the 3rd quarter worth $42,000. Finally, Venturi Wealth Management LLC bought a new position in Enerpac Tool Group during the 4th quarter worth $51,000. Institutional investors and hedge funds own 97.70% of the company's stock.

Enerpac Tool Group Trading Down 3.4 %

Shares of NYSE EPAC traded down $1.51 during trading on Thursday, reaching $42.54. The company had a trading volume of 247,566 shares, compared to its average volume of 322,881. 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. The stock has a market cap of $2.31 billion, a P/E ratio of 25.94 and a beta of 1.18. The company's fifty day moving average price is $44.39 and its 200-day moving average price is $44.37.

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Enerpac Tool Group (NYSE:EPAC - Get Free Report) last released its earnings results on Wednesday, December 18th. The company reported $0.40 earnings per share 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%. As a group, research analysts expect that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current 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.