Enerpac Tool Group Corp. $EPAC Stock Holdings Increased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd increased its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 627.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,158 shares of the company’s stock after purchasing an additional 31,188 shares during the quarter. Y Intercept Hong Kong Ltd owned about 0.07% of Enerpac Tool Group worth $1,482,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in EPAC. Elevation Point Wealth Partners LLC acquired a new stake in Enerpac Tool Group in the 2nd quarter valued at about $42,000. Simplex Trading LLC acquired a new position in shares of Enerpac Tool Group in the 2nd quarter valued at about $75,000. State of Wyoming increased its stake in Enerpac Tool Group by 95.4% in the 2nd quarter. State of Wyoming now owns 2,694 shares of the company’s stock valued at $109,000 after buying an additional 1,315 shares during the period. AdvisorNet Financial Inc acquired a new position in shares of Enerpac Tool Group in the third quarter worth $129,000. Finally, Laurel Wealth Advisors LLC increased its position in Enerpac Tool Group by 3,956.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,422 shares of the company’s stock worth $179,000 after purchasing an additional 4,313 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on EPAC shares. Wall Street Zen lowered shares of Enerpac Tool Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Weiss Ratings restated a “hold (c+)” rating on shares of Enerpac Tool Group in a research note on Monday, December 29th. Roth Mkm set a $51.00 price target on shares of Enerpac Tool Group and gave the company a “buy” rating in a report on Monday, October 20th. Finally, William Blair began coverage on Enerpac Tool Group in a research report on Friday, January 16th. They issued a “market perform” rating for the company. Two analysts have 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, Enerpac Tool Group presently has a consensus rating of “Hold” and a consensus price target of $52.00.

Enerpac Tool Group Price Performance

Shares of EPAC stock opened at $40.42 on Friday. Enerpac Tool Group Corp. has a 52 week low of $35.01 and a 52 week high of $47.47. The stock’s fifty day moving average is $39.29 and its 200-day moving average is $40.14. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.14 and a current ratio of 2.83. The stock has a market capitalization of $2.13 billion, a PE ratio of 24.20 and a beta of 1.01.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, December 17th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The company had revenue of $144.21 million during the quarter, compared to the consensus estimate of $146.45 million. Enerpac Tool Group had a return on equity of 22.46% and a net margin of 14.64%.During the same period in the prior year, the firm posted $0.40 earnings per share. Equities research analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

Enerpac Tool Group Company 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.