UBS Group AG Sells 47,657 Shares of Enerpac Tool Group Corp. $EPAC

UBS Group AG trimmed its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 21.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,084 shares of the company’s stock after selling 47,657 shares during the period. UBS Group AG owned 0.34% of Enerpac Tool Group worth $6,772,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Capital International Investors raised its position in shares of Enerpac Tool Group by 9.8% during the 3rd quarter. Capital International Investors now owns 4,530,064 shares of the company’s stock valued at $185,733,000 after purchasing an additional 403,834 shares during the period. Champlain Investment Partners LLC raised its position in shares of Enerpac Tool Group by 24.0% during the 3rd quarter. Champlain Investment Partners LLC now owns 1,919,171 shares of the company’s stock valued at $78,686,000 after purchasing an additional 371,098 shares during the period. Cooke & Bieler LP raised its position in shares of Enerpac Tool Group by 46.2% during the 3rd quarter. Cooke & Bieler LP now owns 1,546,003 shares of the company’s stock valued at $63,386,000 after purchasing an additional 488,209 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Enerpac Tool Group by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,383,056 shares of the company’s stock valued at $56,703,000 after purchasing an additional 4,480 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of Enerpac Tool Group by 4.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,136,844 shares of the company’s stock valued at $46,610,000 after purchasing an additional 50,645 shares during the period. 97.70% of the stock is currently owned by institutional investors.

Enerpac Tool Group Stock Performance

Shares of NYSE EPAC opened at $33.11 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.88 and a current ratio of 2.56. The company has a market cap of $1.71 billion, a P/E ratio of 20.69 and a beta of 0.89. The firm’s fifty day moving average is $35.62 and its two-hundred day moving average is $38.41. Enerpac Tool Group Corp. has a 52-week low of $32.90 and a 52-week high of $45.54.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings results on Wednesday, March 25th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $154.81 million for the quarter, compared to the consensus estimate of $147.80 million. Enerpac Tool Group had a net margin of 13.69% and a return on equity of 22.25%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, analysts anticipate that Enerpac Tool Group Corp. will post 1.89 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average 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.