Precision Wealth Strategies LLC Makes New $510,000 Investment in Enerpac Tool Group Corp. (NYSE:EPAC)

Precision Wealth Strategies LLC acquired a new stake in Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 12,410 shares of the company's stock, valued at approximately $510,000.

A number of other institutional investors also recently modified their holdings of the company. State Street Corp boosted its stake in shares of Enerpac Tool Group by 16.3% in the 3rd quarter. State Street Corp now owns 2,393,472 shares of the company's stock valued at $100,263,000 after purchasing an additional 336,323 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Enerpac Tool Group by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,236,259 shares of the company's stock valued at $51,797,000 after acquiring an additional 21,056 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Enerpac Tool Group by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 621,456 shares of the company's stock valued at $26,033,000 after acquiring an additional 6,903 shares during the period. Principal Financial Group Inc. lifted its position in shares of Enerpac Tool Group by 2.9% during the 3rd quarter. Principal Financial Group Inc. now owns 277,494 shares of the company's stock valued at $11,624,000 after acquiring an additional 7,845 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position 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 during the period. 97.70% of the stock is owned by institutional investors.

Enerpac Tool Group Stock Up 0.9 %

Shares of Enerpac Tool Group stock traded up $0.42 during trading on Wednesday, reaching $45.72. 41,478 shares of the company traded hands, compared to its average volume of 296,358. 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 company has a 50 day moving average price of $44.56 and a 200-day moving average price of $43.37. Enerpac Tool Group Corp. has a 1-year low of $30.43 and a 1-year high of $51.91. The firm has a market capitalization of $2.49 billion, a PE ratio of 27.84 and a beta of 1.17.

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%. As a group, equities research analysts expect that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

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.