Diversified Trust Co Increases Stake in Enerpac Tool Group Corp. (NYSE:EPAC)

Diversified Trust Co lifted its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 34.9% during the first quarter, HoldingsChannel reports. The firm owned 26,975 shares of the company’s stock after purchasing an additional 6,975 shares during the period. Diversified Trust Co’s holdings in Enerpac Tool Group were worth $962,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in EPAC. GAMMA Investing LLC grew its holdings in shares of Enerpac Tool Group by 90.1% in the first quarter. GAMMA Investing LLC now owns 937 shares of the company’s stock worth $33,000 after purchasing an additional 444 shares during the last quarter. Premier Fund Managers Ltd bought a new position in shares of Enerpac Tool Group in the fourth quarter worth about $248,000. MainStreet Investment Advisors LLC bought a new position in shares of Enerpac Tool Group in the fourth quarter worth about $255,000. Semanteon Capital Management LP bought a new position in shares of Enerpac Tool Group in the fourth quarter worth about $377,000. Finally, Quest Partners LLC bought a new position in shares of Enerpac Tool Group in the fourth quarter worth about $378,000. 97.70% of the stock is currently owned by institutional investors.

Enerpac Tool Group Trading Down 1.6 %

NYSE EPAC opened at $37.56 on Tuesday. The company has a current ratio of 2.85, a quick ratio of 2.20 and a debt-to-equity ratio of 0.52. Enerpac Tool Group Corp. has a 12 month low of $24.58 and a 12 month high of $39.49. The company’s 50-day moving average price is $37.76 and its 200-day moving average price is $34.42. The stock has a market cap of $2.04 billion, a PE ratio of 24.71 and a beta of 1.18.

Enerpac Tool Group (NYSE:EPAC) last issued its earnings results on Monday, June 24th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.47. Enerpac Tool Group had a net margin of 14.13% and a return on equity of 26.80%. The company had revenue of $150.39 million for the quarter, compared to analysts’ expectations of $153.20 million. During the same period in the prior year, the business earned $0.39 EPS. Equities research analysts forecast that Enerpac Tool Group Corp. will post 1.75 earnings per share for the current year.

Enerpac Tool Group Company Profile

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.