Enerpac Tool Group Corp. (NYSE:EPAC) Shares Acquired by Alberta Investment Management Corp

Alberta Investment Management Corp boosted its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 273.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,529 shares of the company's stock after purchasing an additional 19,429 shares during the period. Alberta Investment Management Corp's holdings in Enerpac Tool Group were worth $1,090,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. SkyView Investment Advisors LLC increased its position in Enerpac Tool Group by 1.6% during the 3rd quarter. SkyView Investment Advisors LLC now owns 17,014 shares of the company's stock worth $713,000 after purchasing an additional 276 shares in the last quarter. Quarry LP increased its position 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 acquiring an additional 436 shares in the last quarter. Glenmede Trust Co. NA raised its stake in shares of Enerpac Tool Group by 2.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 15,810 shares of the company's stock valued at $662,000 after acquiring an additional 447 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Enerpac Tool Group by 0.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 147,284 shares of the company's stock valued at $6,170,000 after acquiring an additional 671 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Enerpac Tool Group during the 3rd quarter worth $42,000. Institutional investors and hedge funds own 97.70% of the company's stock.

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Enerpac Tool Group Stock Up 2.1 %

NYSE:EPAC traded up $0.95 during mid-day trading on Tuesday, hitting $46.22. The company had a trading volume of 217,935 shares, compared to its average volume of 304,746. The business has a fifty day simple moving average of $43.89 and a 200-day simple moving average of $43.97. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 28.15 and a beta of 1.17. Enerpac Tool Group Corp. has a 1 year low of $32.07 and a 1 year 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.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last announced its earnings results 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 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 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.