GW&K Investment Management LLC grew its holdings in Enerpac Tool Group Corp. (NYSE:EPAC – Free Report) by 34.4% in the 4th quarter, HoldingsChannel reports. The firm owned 785,268 shares of the company’s stock after buying an additional 201,175 shares during the quarter. GW&K Investment Management LLC’s holdings in Enerpac Tool Group were worth $30,028,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. California State Teachers Retirement System raised its holdings in shares of Enerpac Tool Group by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 50,173 shares of the company’s stock valued at $2,035,000 after purchasing an additional 369 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its holdings in shares of Enerpac Tool Group by 5.0% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 8,322 shares of the company’s stock valued at $318,000 after purchasing an additional 400 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Enerpac Tool Group by 2.1% in the 3rd quarter. Victory Capital Management Inc. now owns 21,879 shares of the company’s stock valued at $897,000 after purchasing an additional 456 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Enerpac Tool Group by 121.3% in the 3rd quarter. Fifth Third Bancorp now owns 874 shares of the company’s stock valued at $36,000 after purchasing an additional 479 shares in the last quarter. Finally, State of Tennessee Department of Treasury raised its holdings in shares of Enerpac Tool Group by 2.4% in the 2nd quarter. State of Tennessee Department of Treasury now owns 25,022 shares of the company’s stock valued at $1,015,000 after purchasing an additional 578 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.
Enerpac Tool Group Stock Down 2.6%
Shares of Enerpac Tool Group stock opened at $34.13 on Thursday. The firm’s 50 day moving average price is $34.90 and its 200-day moving average price is $37.77. The company has a quick ratio of 1.88, a current ratio of 2.56 and a debt-to-equity ratio of 0.43. Enerpac Tool Group Corp. has a 52-week low of $32.35 and a 52-week high of $45.54. The company has a market cap of $1.76 billion, a P/E ratio of 21.33 and a beta of 0.86.
Wall Street Analysts Forecast Growth
EPAC has been the subject of several recent research reports. Wall Street Zen upgraded shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Weiss Ratings lowered shares of Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Enerpac Tool Group has a consensus rating of “Hold” and a consensus price target of $51.00.
Enerpac Tool Group Profile
Enerpac Tool Group Corp. (NYSE: EPAC) is a global provider of high-pressure hydraulic tools, controlled force products and precision positioning equipment. The company’s products and solutions enable customers in manufacturing, energy, infrastructure, transportation and construction to lift, move, position and secure heavy loads with safety and accuracy. Enerpac’s core portfolio includes hydraulic pumps, cylinders, torque wrenches, torque multipliers, flange spreaders, tensioners and portable bolting tools, complemented by electric and pneumatic tools for a wide range of industrial applications.
In addition to its extensive product lines, Enerpac offers integrated systems and services such as engineered lifting solutions, custom skidding and spreader beam assemblies, mobile bolting units and digital monitoring platforms.
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