Universal Beteiligungs und Servicegesellschaft mbH Has $1.13 Million Stake in Enerpac Tool Group Corp. $EPAC

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 98.1% during the third quarter, HoldingsChannel.com reports. The firm owned 27,531 shares of the company’s stock after acquiring an additional 13,631 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Enerpac Tool Group were worth $1,129,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Elevation Point Wealth Partners LLC acquired a new stake in Enerpac Tool Group during the second quarter worth approximately $42,000. Simplex Trading LLC bought a new stake in shares of Enerpac Tool Group during the 2nd quarter valued at $75,000. State of Wyoming grew its holdings 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 purchasing an additional 1,315 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of Enerpac Tool Group during the 3rd quarter worth $129,000. Finally, Laurel Wealth Advisors LLC increased its position in shares of Enerpac Tool Group by 3,956.9% in the second 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 period. 97.70% of the stock is currently owned by institutional investors.

Enerpac Tool Group Trading Up 0.5%

EPAC opened at $40.42 on Friday. The company has a market cap of $2.13 billion, a P/E ratio of 24.20 and a beta of 1.01. The company has a current ratio of 2.83, a quick ratio of 2.14 and a debt-to-equity ratio of 0.42. The company’s 50 day moving average is $39.29 and its 200-day moving average is $40.16. Enerpac Tool Group Corp. has a 1-year low of $35.01 and a 1-year high of $47.47.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings data on Wednesday, December 17th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The company had revenue of $144.21 million for the quarter, compared to analyst estimates 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 quarter in the prior year, the company earned $0.40 earnings per share. Equities research analysts predict that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EPAC has been the subject of several recent analyst reports. Wall Street Zen cut shares of Enerpac Tool Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. William Blair began coverage on shares of Enerpac Tool Group in a research report on Friday, January 16th. They issued a “market perform” rating for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Enerpac Tool Group in a report on Monday, December 29th. Finally, Roth Mkm set a $51.00 price target on shares of Enerpac Tool Group and gave the stock a “buy” rating in a research report on Monday, October 20th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $52.00.

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.