8,286 Shares in Enerpac Tool Group Corp. (NYSE:EPAC) Acquired by F M Investments LLC

F M Investments LLC bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,286 shares of the company's stock, valued at approximately $340,000.

Several other institutional investors and hedge funds also recently bought and sold shares of EPAC. Assetmark Inc. purchased a new position in Enerpac Tool Group in the fourth quarter worth approximately $29,000. First Horizon Advisors Inc. purchased a new position in Enerpac Tool Group during the fourth quarter worth about $36,000. Venturi Wealth Management LLC acquired a new stake in shares of Enerpac Tool Group during the fourth quarter valued at about $51,000. Heck Capital Advisors LLC purchased a new stake in shares of Enerpac Tool Group in the 4th quarter valued at approximately $99,000. Finally, KBC Group NV lifted its holdings in shares of Enerpac Tool Group by 91.7% in the 4th quarter. KBC Group NV now owns 2,561 shares of the company's stock worth $105,000 after acquiring an additional 1,225 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Enerpac Tool Group Trading Down 0.8 %

NYSE EPAC traded down $0.32 during trading on Tuesday, hitting $39.73. The stock had a trading volume of 271,051 shares, compared to its average volume of 332,666. The company has a market capitalization of $2.15 billion, a PE ratio of 24.23 and a beta of 1.08. Enerpac Tool Group Corp. has a twelve month low of $34.59 and a twelve 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 firm has a 50 day moving average price of $43.92 and a 200 day moving average price of $44.63.

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

Analyst Upgrades and Downgrades

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

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.