Enerpac Tool Group Corp. (NYSE:EPAC) Stock Position Lifted by Cooke & Bieler LP

Cooke & Bieler LP lifted its holdings in Enerpac Tool Group Corp. (NYSE:EPAC) by 4.6% in the 4th quarter, HoldingsChannel reports. The firm owned 1,477,913 shares of the company’s stock after purchasing an additional 64,685 shares during the quarter. Cooke & Bieler LP’s holdings in Enerpac Tool Group were worth $45,948,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of EPAC. Bank of New York Mellon Corp grew its stake in shares of Enerpac Tool Group by 1.6% in the first quarter. Bank of New York Mellon Corp now owns 590,340 shares of the company’s stock worth $12,922,000 after purchasing an additional 9,287 shares in the last quarter. US Bancorp DE boosted its stake in Enerpac Tool Group by 808.7% during the first quarter. US Bancorp DE now owns 1,563 shares of the company’s stock valued at $34,000 after buying an additional 1,391 shares in the last quarter. Citigroup Inc. lifted its holdings in shares of Enerpac Tool Group by 11.4% during the first quarter. Citigroup Inc. now owns 51,935 shares of the company’s stock valued at $1,137,000 after purchasing an additional 5,316 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Enerpac Tool Group by 183.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,936 shares of the company’s stock valued at $64,000 after purchasing an additional 1,902 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of Enerpac Tool Group by 4.0% in the 1st quarter. Bank of Montreal Can now owns 21,040 shares of the company’s stock valued at $455,000 after purchasing an additional 809 shares during the period. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Trading Up 0.8 %

Shares of NYSE:EPAC traded up $0.27 during midday trading on Friday, reaching $35.02. The company had a trading volume of 411,195 shares, compared to its average volume of 283,364. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.41 and a current ratio of 3.11. Enerpac Tool Group Corp. has a 1-year low of $22.94 and a 1-year high of $35.92. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 27.58 and a beta of 1.21. The company has a fifty day simple moving average of $34.11 and a two-hundred day simple moving average of $30.90.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings results on Thursday, March 21st. The company reported $0.36 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.36. Enerpac Tool Group had a return on equity of 26.38% and a net margin of 11.75%. The business had revenue of $138.44 million during the quarter, compared to analyst estimates of $141.10 million. During the same quarter last year, the company posted $0.35 EPS. Research analysts predict that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current year.

About Enerpac Tool Group

Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.