Quantbot Technologies LP Has $1.20 Million Stock Holdings in Enerpac Tool Group Corp. $EPAC

Quantbot Technologies LP increased its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 125.2% during the third quarter, Holdings Channel reports. The institutional investor owned 29,287 shares of the company’s stock after purchasing an additional 16,282 shares during the period. Quantbot Technologies LP’s holdings in Enerpac Tool Group were worth $1,201,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EPAC. Semanteon Capital Management LP increased its holdings in shares of Enerpac Tool Group by 134.8% during the third quarter. Semanteon Capital Management LP now owns 13,917 shares of the company’s stock valued at $571,000 after acquiring an additional 7,990 shares in the last quarter. Hillsdale Investment Management Inc. grew its position in Enerpac Tool Group by 12.5% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 183,900 shares of the company’s stock valued at $7,540,000 after purchasing an additional 20,400 shares during the period. CenterBook Partners LP grew its position in Enerpac Tool Group by 130.3% in the 3rd quarter. CenterBook Partners LP now owns 95,390 shares of the company’s stock valued at $3,911,000 after purchasing an additional 53,975 shares during the period. GSA Capital Partners LLP bought a new stake in Enerpac Tool Group during the 3rd quarter valued at $875,000. Finally, Fifth Third Bancorp raised its holdings 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 buying an additional 479 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on EPAC shares. William Blair initiated coverage on shares of Enerpac Tool Group in a research report on Friday, January 16th. They set a “market perform” rating for the company. Wall Street Zen downgraded Enerpac Tool Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Enerpac Tool Group in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Enerpac Tool Group has an average rating of “Hold” and an average target price of $52.00.

Enerpac Tool Group Price Performance

Enerpac Tool Group stock opened at $38.66 on Friday. The stock has a market cap of $2.04 billion, a P/E ratio of 23.15 and a beta of 0.96. The company has a quick ratio of 2.14, a current ratio of 2.83 and a debt-to-equity ratio of 0.42. The company’s 50 day moving average price is $40.89 and its two-hundred day moving average price is $40.57. Enerpac Tool Group Corp. has a 52 week low of $35.01 and a 52 week high of $47.27.

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

Enerpac Tool Group 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.