GSA Capital Partners LLP Makes New $875,000 Investment in Enerpac Tool Group Corp. $EPAC

GSA Capital Partners LLP bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 21,343 shares of the company’s stock, valued at approximately $875,000.

Several other institutional investors also recently bought and sold shares of EPAC. Fifth Third Bancorp lifted its position in shares of 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 purchasing an additional 479 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Enerpac Tool Group during the 2nd quarter worth approximately $42,000. Simplex Trading LLC purchased a new position in Enerpac Tool Group in the 2nd quarter valued at approximately $75,000. State of Wyoming grew its stake in shares of Enerpac Tool Group by 95.4% in the second quarter. State of Wyoming now owns 2,694 shares of the company’s stock worth $109,000 after acquiring an additional 1,315 shares in the last quarter. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Enerpac Tool Group during the third quarter worth $129,000. 97.70% of the stock is owned by institutional investors and hedge funds.

Enerpac Tool Group Price Performance

Shares of NYSE EPAC opened at $42.40 on Friday. The stock’s 50-day simple moving average is $40.58 and its 200-day simple moving average is $40.60. The firm has a market capitalization of $2.24 billion, a PE ratio of 25.39 and a beta of 0.99. Enerpac Tool Group Corp. has a fifty-two week low of $35.01 and a fifty-two week high of $47.27. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.14 and a current ratio of 2.83.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings results 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). Enerpac Tool Group had a net margin of 14.64% and a return on equity of 22.46%. The business had revenue of $144.21 million during the quarter, compared to analyst estimates of $146.45 million. During the same period last year, the company earned $0.40 earnings per share. As a group, equities research analysts forecast that Enerpac Tool Group Corp. will post 1.78 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on EPAC. Weiss Ratings reissued a “hold (c+)” rating on shares of Enerpac Tool Group in a research note on Monday, December 29th. Wall Street Zen cut Enerpac Tool Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Finally, William Blair began coverage on shares of Enerpac Tool Group in a research note on Friday, January 16th. They set a “market perform” rating on the stock. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $52.00.

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.