Brown Advisory Inc. Raises Position in Enerpac Tool Group Corp. $EPAC

Brown Advisory Inc. boosted its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 92.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 864,054 shares of the company’s stock after buying an additional 415,723 shares during the period. Brown Advisory Inc.’s holdings in Enerpac Tool Group were worth $33,041,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Aigen Investment Management LP purchased a new stake in Enerpac Tool Group in the fourth quarter worth about $341,000. Marshall Wace LLP lifted its holdings in shares of Enerpac Tool Group by 1,137.4% during the fourth quarter. Marshall Wace LLP now owns 100,304 shares of the company’s stock valued at $3,836,000 after purchasing an additional 92,198 shares during the last quarter. Segall Bryant & Hamill LLC lifted its holdings in shares of Enerpac Tool Group by 9.0% during the fourth quarter. Segall Bryant & Hamill LLC now owns 275,997 shares of the company’s stock valued at $10,554,000 after purchasing an additional 22,885 shares during the last quarter. Commerce Bank lifted its holdings in shares of Enerpac Tool Group by 22.3% during the fourth quarter. Commerce Bank now owns 9,772 shares of the company’s stock valued at $374,000 after purchasing an additional 1,783 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Enerpac Tool Group by 2.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 154,650 shares of the company’s stock valued at $5,914,000 after purchasing an additional 2,980 shares during the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Enerpac Tool Group Trading Up 1.1%

NYSE:EPAC opened at $35.43 on Tuesday. The company has a current ratio of 2.56, a quick ratio of 1.88 and a debt-to-equity ratio of 0.43. Enerpac Tool Group Corp. has a 12 month low of $32.35 and a 12 month high of $45.54. The company has a market cap of $1.83 billion, a PE ratio of 22.14 and a beta of 0.86. The company has a 50 day simple moving average of $34.84 and a two-hundred day simple moving average of $37.72.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on EPAC shares. Weiss Ratings downgraded shares of Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Wall Street Zen raised shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $51.00.

About Enerpac Tool Group

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.