100,000 Shares in Enerpac Tool Group Corp. $EPAC Purchased by Telemark Asset Management LLC

Telemark Asset Management LLC bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $3,824,000. Telemark Asset Management LLC owned approximately 0.19% of Enerpac Tool Group as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp increased its position 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. Danske Bank A S acquired a new position in Enerpac Tool Group during the third quarter worth approximately $45,000. Advisory Services Network LLC acquired a new position in Enerpac Tool Group during the third quarter worth approximately $61,000. Global Retirement Partners LLC acquired a new position in Enerpac Tool Group during the fourth quarter worth approximately $78,000. Finally, State of Wyoming increased its position in Enerpac Tool Group by 95.4% during the second 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 last quarter. Institutional investors own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on EPAC shares. Wall Street Zen raised Enerpac Tool Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Weiss Ratings downgraded Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $51.00.

Enerpac Tool Group Trading Up 0.8%

Shares of NYSE:EPAC opened at $33.44 on Friday. The company has a market capitalization of $1.72 billion, a P/E ratio of 20.90 and a beta of 0.86. Enerpac Tool Group Corp. has a 1 year low of $32.35 and a 1 year high of $45.54. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.56 and a quick ratio of 1.88. The business’s 50 day simple moving average is $34.91 and its 200 day simple moving average is $37.83.

Enerpac Tool Group (NYSE:EPAC) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.39. The business had revenue of $154.81 million for the quarter, compared to the consensus estimate of $147.80 million. Enerpac Tool Group had a return on equity of 22.25% and a net margin of 13.69%.The business’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, research analysts anticipate that Enerpac Tool Group Corp. will post 1.89 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.