American Century Companies Inc. Has $4.85 Million Stake in Enerpac Tool Group Corp. (NYSE:EPAC)

American Century Companies Inc. lifted its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 8.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,931 shares of the company's stock after acquiring an additional 8,891 shares during the quarter. American Century Companies Inc. owned 0.22% of Enerpac Tool Group worth $4,846,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. SkyView Investment Advisors LLC lifted its position in shares of Enerpac Tool Group by 1.6% in the 3rd quarter. SkyView Investment Advisors LLC now owns 17,014 shares of the company's stock valued at $713,000 after acquiring an additional 276 shares in the last quarter. Quarry LP lifted its holdings in shares of Enerpac Tool Group by 110.7% in the third quarter. Quarry LP now owns 830 shares of the company's stock valued at $35,000 after purchasing an additional 436 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Enerpac Tool Group by 0.5% in the third 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 purchasing an additional 671 shares in the last quarter. Assetmark Inc. acquired a new stake in shares of Enerpac Tool Group in the fourth quarter worth $29,000. Finally, Swiss National Bank grew its holdings in shares of Enerpac Tool Group by 0.8% during the fourth quarter. Swiss National Bank now owns 106,800 shares of the company's stock valued at $4,388,000 after buying an additional 800 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Enerpac Tool Group Stock Down 3.0 %

EPAC traded down $1.24 on Thursday, reaching $39.46. 318,174 shares of the company traded hands, compared to its average volume of 332,512. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 24.06 and a beta of 1.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.92 and a quick ratio of 2.24. The stock's 50 day moving average price is $44.25 and its 200-day moving average price is $44.67. Enerpac Tool Group Corp. has a 52-week low of $34.59 and a 52-week high of $51.91.

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

Analyst Upgrades and Downgrades

Separately, CJS Securities began coverage on Enerpac Tool Group in a research note on Friday, March 14th. They issued an "outperform" rating and a $53.00 price objective for the company.

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.