Tudor Investment Corp ET AL Has $6.85 Million Stake in Enerpac Tool Group Corp. $EPAC

Tudor Investment Corp ET AL grew its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 58.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 167,029 shares of the company’s stock after acquiring an additional 61,337 shares during the period. Tudor Investment Corp ET AL owned 0.32% of Enerpac Tool Group worth $6,848,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Fifth Third Bancorp grew its stake in Enerpac Tool Group by 121.3% during the third quarter. Fifth Third Bancorp now owns 874 shares of the company’s stock worth $36,000 after purchasing an additional 479 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Enerpac Tool Group during the 2nd quarter worth approximately $42,000. Danske Bank A S bought a new position in shares of Enerpac Tool Group during the 3rd quarter worth approximately $45,000. Advisory Services Network LLC acquired a new stake in shares of Enerpac Tool Group during the 3rd quarter worth approximately $61,000. Finally, State of Wyoming grew its position in shares of Enerpac Tool Group by 95.4% during the 2nd quarter. State of Wyoming now owns 2,694 shares of the company’s stock worth $109,000 after buying an additional 1,315 shares during the period. 97.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EPAC has been the topic of a number of research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Enerpac Tool Group in a research report on Monday, December 29th. William Blair assumed coverage on shares of Enerpac Tool Group in a research note on Friday, January 16th. They issued a “market perform” rating for the company. Finally, Wall Street Zen lowered shares of Enerpac Tool Group from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $51.00.

Enerpac Tool Group Trading Up 2.2%

Shares of Enerpac Tool Group stock opened at $36.75 on Tuesday. The company has a market capitalization of $1.94 billion, a P/E ratio of 22.00 and a beta of 0.96. The stock has a fifty day simple moving average of $40.12 and a 200 day simple moving average of $40.03. Enerpac Tool Group Corp. has a 12-month low of $34.90 and a 12-month high of $47.27. The company has a current ratio of 2.83, a quick ratio of 2.14 and a debt-to-equity ratio of 0.42.

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.