Norden Group LLC acquired a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 23,595 shares of the company's stock, valued at approximately $970,000.
Several other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC grew its stake in shares of Enerpac Tool Group by 655.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,749 shares of the company's stock valued at $114,000 after buying an additional 2,385 shares during the last quarter. US Bancorp DE grew its position in Enerpac Tool Group by 117.5% in the 4th quarter. US Bancorp DE now owns 17,236 shares of the company's stock worth $708,000 after purchasing an additional 9,311 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Enerpac Tool Group during the 4th quarter worth $991,000. Wealthspire Advisors LLC purchased a new position in shares of Enerpac Tool Group during the 4th quarter worth $238,000. Finally, First Horizon Advisors Inc. purchased a new position in shares of Enerpac Tool Group during the 4th quarter valued at $36,000. 97.70% of the stock is owned by institutional investors.
Enerpac Tool Group Price Performance
Shares of Enerpac Tool Group stock traded up $0.55 during trading hours on Thursday, reaching $44.62. The company's stock had a trading volume of 123,892 shares, compared to its average volume of 316,998. The firm has a 50 day moving average price of $44.02 and a 200-day moving average price of $44.20. Enerpac Tool Group Corp. has a one year low of $32.28 and a one year high of $51.91. 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 has a market cap of $2.43 billion, a P/E ratio of 27.20 and a beta of 1.18.
Enerpac Tool Group (NYSE:EPAC - Get Free Report) last announced its quarterly earnings results on Wednesday, December 18th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.01). Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. On average, analysts predict that Enerpac Tool Group Corp. will post 1.78 EPS for the current year.
Enerpac Tool Group Profile
(
Free Report)
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.
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