Alliance Wealth Advisors LLC UT Makes New Investment in Enerpac Tool Group Corp. (NYSE:EPAC)

Alliance Wealth Advisors LLC UT acquired a new stake in Enerpac Tool Group Corp. (NYSE:EPAC) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 10,671 shares of the company’s stock, valued at approximately $438,000.

Other institutional investors also recently modified their holdings of the company. State Street Corp raised its holdings in Enerpac Tool Group by 16.3% in the 3rd quarter. State Street Corp now owns 2,393,472 shares of the company’s stock worth $100,263,000 after purchasing an additional 336,323 shares in the last quarter. Barclays PLC lifted its holdings in Enerpac Tool Group by 321.7% in the third quarter. Barclays PLC now owns 107,979 shares of the company’s stock worth $4,524,000 after buying an additional 82,376 shares during the period. Swedbank AB bought a new stake in Enerpac Tool Group during the 4th quarter valued at approximately $2,054,000. Quest Partners LLC purchased a new position in shares of Enerpac Tool Group during the 3rd quarter worth approximately $1,312,000. Finally, HighTower Advisors LLC bought a new position in shares of Enerpac Tool Group in the 3rd quarter worth approximately $1,201,000. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Enerpac Tool Group Trading Up 0.0 %

EPAC opened at $45.28 on Wednesday. The stock has a market cap of $2.46 billion, a PE ratio of 27.61 and a beta of 1.17. The business has a 50 day moving average of $44.62 and a 200-day moving average of $43.33. Enerpac Tool Group Corp. has a 52 week low of $30.43 and a 52 week high of $51.91. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, December 18th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Enerpac Tool Group had a net margin of 15.14% and a return on equity of 25.39%. Equities research analysts predict that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

About Enerpac Tool Group

Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.