Wealthspire Advisors LLC Purchases New Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

Wealthspire Advisors LLC acquired a new stake in Enerpac Tool Group Corp. (NYSE:EPAC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,790 shares of the company's stock, valued at approximately $238,000.

A number of other large investors have also added to or reduced their stakes in EPAC. First Horizon Advisors Inc. bought a new stake in shares of Enerpac Tool Group in the 4th quarter valued at $36,000. Handelsbanken Fonder AB lifted its holdings in Enerpac Tool Group by 8.7% in the fourth quarter. Handelsbanken Fonder AB now owns 17,574 shares of the company's stock valued at $722,000 after buying an additional 1,400 shares during the period. Alberta Investment Management Corp boosted its position in Enerpac Tool Group by 273.6% during the fourth quarter. Alberta Investment Management Corp now owns 26,529 shares of the company's stock valued at $1,090,000 after acquiring an additional 19,429 shares during the last quarter. Venturi Wealth Management LLC acquired a new stake in Enerpac Tool Group during the 4th quarter worth about $51,000. Finally, Principal Financial Group Inc. raised its position in shares of Enerpac Tool Group by 3.5% in the 4th quarter. Principal Financial Group Inc. now owns 287,271 shares of the company's stock worth $11,804,000 after acquiring an additional 9,777 shares in the last quarter. Institutional investors own 97.70% of the company's stock.

Enerpac Tool Group Trading Down 3.3 %

Shares of NYSE:EPAC traded down $1.51 during midday trading on Monday, reaching $44.76. The company's stock had a trading volume of 278,145 shares, compared to its average volume of 317,539. The firm has a 50 day moving average price of $43.91 and a two-hundred day moving average price of $44.14. Enerpac Tool Group Corp. has a fifty-two week low of $32.07 and a fifty-two week high of $51.91. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 27.29 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.24 and a current ratio of 2.92.

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Enerpac Tool Group (NYSE:EPAC - Get Free Report) last issued its 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 return on equity of 25.39% and a net margin of 15.14%. As a group, analysts forecast that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.

Enerpac Tool Group 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.