Kennedy Capital Management LLC Has $8.56 Million Stock Position in Enerpac Tool Group Corp. $EPAC

Kennedy Capital Management LLC decreased its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC – Free Report) by 24.5% during the 4th quarter, Holdings Channel reports. The firm owned 223,928 shares of the company’s stock after selling 72,501 shares during the period. Kennedy Capital Management LLC’s holdings in Enerpac Tool Group were worth $8,563,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Tudor Investment Corp ET AL grew its position in shares of Enerpac Tool Group by 58.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 167,029 shares of the company’s stock valued at $6,848,000 after acquiring an additional 61,337 shares during the period. Capital International Investors increased its stake 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 worth $185,733,000 after purchasing an additional 403,834 shares during the last quarter. M&T Bank Corp increased its stake in shares of Enerpac Tool Group by 2,163.1% during the 4th quarter. M&T Bank Corp now owns 1,124,267 shares of the company’s stock worth $42,992,000 after purchasing an additional 1,074,588 shares during the last quarter. Champlain Investment Partners LLC increased its stake 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 worth $78,686,000 after purchasing an additional 371,098 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in shares of Enerpac Tool Group by 14.1% during the 3rd quarter. Public Sector Pension Investment Board now owns 210,390 shares of the company’s stock worth $8,626,000 after purchasing an additional 26,024 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Enerpac Tool Group Stock Performance

Shares of NYSE EPAC opened at $35.07 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.56 and a quick ratio of 1.88. The stock’s fifty day moving average price is $34.84 and its two-hundred day moving average price is $37.74. Enerpac Tool Group Corp. has a one year low of $32.35 and a one year high of $45.54. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 21.92 and a beta of 0.86.

Enerpac Tool Group (NYSE:EPAC – Get Free Report) last issued its quarterly earnings data on Wednesday, March 25th. The company reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Enerpac Tool Group had a return on equity of 22.25% and a net margin of 13.69%.The firm had revenue of $154.81 million for the quarter, compared to analyst estimates of $147.80 million. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. On average, equities analysts forecast that Enerpac Tool Group Corp. will post 1.89 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Weiss Ratings lowered shares of Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $51.00.

Get Our Latest Report on Enerpac Tool Group

About Enerpac Tool Group

(Free Report)

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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