Sei Investments Co. Acquires 8,754 Shares of Enerpac Tool Group Corp. (NYSE:EPAC)

Sei Investments Co. lifted its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 200,650 shares of the company's stock after buying an additional 8,754 shares during the period. Sei Investments Co. owned about 0.37% of Enerpac Tool Group worth $8,245,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. SkyView Investment Advisors LLC grew its stake 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 worth $713,000 after acquiring an additional 276 shares in the last quarter. Quarry LP increased its stake in Enerpac Tool Group by 110.7% in the 3rd quarter. Quarry LP now owns 830 shares of the company's stock valued at $35,000 after buying an additional 436 shares during the last quarter. Glenmede Trust Co. NA lifted its position in shares of Enerpac Tool Group by 2.9% during the 3rd quarter. Glenmede Trust Co. NA now owns 15,810 shares of the company's stock worth $662,000 after buying an additional 447 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Enerpac Tool Group by 0.5% in 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 worth $6,170,000 after buying an additional 671 shares during the last quarter. Finally, Assetmark Inc. purchased a new position in shares of Enerpac Tool Group in the 4th quarter worth approximately $29,000. Institutional investors own 97.70% of the company's stock.

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Analyst Ratings Changes

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

Enerpac Tool Group Stock Performance

Shares of NYSE EPAC traded down $3.57 during mid-day trading on Thursday, reaching $42.50. 314,530 shares of the company's stock were exchanged, compared to its average volume of 326,006. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 25.92 and a beta of 1.18. Enerpac Tool Group Corp. has a 52 week low of $34.59 and a 52 week 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 firm has a 50-day moving average price of $44.98 and a two-hundred day moving average price of $44.79.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last released its earnings results on Monday, March 24th. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. The firm had revenue of $145.53 million during the quarter, compared to the consensus estimate of $139.80 million. Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. Analysts predict that Enerpac Tool Group Corp. will post 1.78 EPS for the current 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.