Amundi Boosts Stock Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Amundi boosted its position in Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 184.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,217 shares of the company's stock after acquiring an additional 17,658 shares during the quarter. Amundi owned 0.05% of Enerpac Tool Group worth $1,121,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in EPAC. State Street Corp increased its stake in Enerpac Tool Group by 16.3% in the third quarter. State Street Corp now owns 2,393,472 shares of the company's stock valued at $100,263,000 after acquiring an additional 336,323 shares during the last quarter. Barclays PLC boosted its position in Enerpac Tool Group by 321.7% during the third quarter. Barclays PLC now owns 107,979 shares of the company's stock valued at $4,524,000 after buying an additional 82,376 shares during the period. Edgestream Partners L.P. purchased a new stake in Enerpac Tool Group during the fourth quarter valued at about $2,617,000. Swedbank AB purchased a new stake in Enerpac Tool Group during the fourth quarter valued at about $2,054,000. Finally, Quest Partners LLC purchased a new stake in Enerpac Tool Group during the third quarter valued at about $1,312,000. Institutional investors own 97.70% of the company's stock.

Enerpac Tool Group Trading Down 3.0 %

NYSE EPAC traded down $1.30 during trading on Friday, hitting $42.04. 820,734 shares of the company's stock traded hands, compared to its average volume of 311,665. The stock has a fifty day moving average of $44.71 and a two-hundred day moving average of $44.46. 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 12-month low of $34.47 and a 12-month high of $51.91. The firm has a market cap of $2.29 billion, a P/E ratio of 25.64 and a beta of 1.18.

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

Analyst Ratings Changes

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