Susquehanna Fundamental Investments LLC Buys New Shares in Enerpac Tool Group Corp. (NYSE:EPAC)

Susquehanna Fundamental Investments LLC purchased a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 100,510 shares of the company’s stock, valued at approximately $4,130,000.

A number of other hedge funds also recently bought and sold shares of EPAC. Assetmark Inc. purchased a new stake in shares of Enerpac Tool Group during the fourth quarter worth approximately $29,000. First Horizon Advisors Inc. purchased a new stake in shares of Enerpac Tool Group in the 4th quarter valued at approximately $36,000. Venturi Wealth Management LLC acquired a new stake in shares of Enerpac Tool Group in the 4th quarter valued at $51,000. Heck Capital Advisors LLC purchased a new stake in shares of Enerpac Tool Group during the 4th quarter worth $99,000. Finally, KBC Group NV lifted its position in shares of Enerpac Tool Group by 91.7% during the 4th quarter. KBC Group NV now owns 2,561 shares of the company’s stock worth $105,000 after purchasing an additional 1,225 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analysts Set New Price Targets

Separately, CJS Securities started coverage on Enerpac Tool Group in a research note on Friday, March 14th. They issued an “outperform” rating and a $53.00 price target on the stock.

Enerpac Tool Group Price Performance

EPAC stock opened at $40.08 on Tuesday. The business has a 50 day moving average price of $42.67 and a 200 day moving average price of $44.43. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 24.44 and a beta of 1.08. Enerpac Tool Group Corp. has a fifty-two week low of $35.12 and a fifty-two week high of $51.91.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings data on Monday, March 24th. The company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The business 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%. Equities research analysts anticipate 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.