20,752 Enerpac Tool Group Corp. $EPAC Shares Bought by Cooke & Bieler LP

Cooke & Bieler LP lifted its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 1.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,305,296 shares of the company’s stock after acquiring an additional 20,752 shares during the period. Cooke & Bieler LP owned 2.55% of Enerpac Tool Group worth $45,542,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Polar Asset Management Partners Inc. bought a new stake in Enerpac Tool Group in the 1st quarter valued at about $2,255,000. Squarepoint Ops LLC boosted its stake in Enerpac Tool Group by 403.9% during the 2nd quarter. Squarepoint Ops LLC now owns 140,524 shares of the company’s stock valued at $5,039,000 after purchasing an additional 112,635 shares during the period. Southernsun Asset Management LLC boosted its stake in Enerpac Tool Group by 10.7% during the 1st quarter. Southernsun Asset Management LLC now owns 664,874 shares of the company’s stock valued at $24,248,000 after purchasing an additional 64,192 shares during the period. Gabelli Funds LLC grew its position in Enerpac Tool Group by 128.0% in the 1st quarter. Gabelli Funds LLC now owns 57,000 shares of the company’s stock worth $2,079,000 after purchasing an additional 32,000 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its position in Enerpac Tool Group by 21.2% in the 1st quarter. Gamco Investors INC. ET AL now owns 188,150 shares of the company’s stock worth $6,862,000 after purchasing an additional 32,850 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Zacks Research raised Enerpac Tool Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 8th. Weiss Ratings upgraded Enerpac Tool Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 13th. Finally, Roth Capital reissued a “buy” rating and issued a $50.00 price objective on shares of Enerpac Tool Group in a report on Thursday, July 9th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $50.00.

Enerpac Tool Group Price Performance

Shares of EPAC opened at $35.50 on Thursday. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 20.06 and a beta of 0.81. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.04 and a current ratio of 2.67. Enerpac Tool Group Corp. has a one year low of $32.35 and a one year high of $43.97. The stock’s fifty day moving average is $36.02 and its 200-day moving average is $35.51.

Enerpac Tool Group Profile

Enerpac Tool Group Corp. is an industrial tools and services company that provides engineered solutions for lifting, moving, positioning, maintenance and assembly applications. Its products are used in industries such as energy, infrastructure, construction, manufacturing, mining and heavy equipment.

The company offers high-pressure hydraulic tools and systems, including hydraulic pumps, cylinders, jacks, tensioners, torque tools and specialized lifting and positioning equipment. It also provides bolting, machining, flange-management and other field services designed to support the installation, maintenance and repair of large-scale industrial assets.

Enerpac Tool Group markets products under brands that include Enerpac, Hydratight, Equalizer, Mirage, Simplex and Larzep.