Gamco Investors INC. ET AL Has $6.43 Million Stock Position in Enerpac Tool Group Corp. (NYSE:EPAC)

Gamco Investors INC. ET AL lowered its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 156,500 shares of the company’s stock after selling 3,600 shares during the quarter. Gamco Investors INC. ET AL owned 0.29% of Enerpac Tool Group worth $6,431,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Assetmark Inc. bought a new position in Enerpac Tool Group during the fourth quarter worth about $29,000. First Horizon Advisors Inc. acquired a new position in shares of Enerpac Tool Group in the 4th quarter worth approximately $36,000. Venturi Wealth Management LLC bought a new position in shares of Enerpac Tool Group during the 4th quarter worth approximately $51,000. Heck Capital Advisors LLC acquired a new stake in Enerpac Tool Group in the 4th quarter valued at $99,000. Finally, KBC Group NV grew its position in Enerpac Tool Group by 91.7% in the fourth quarter. KBC Group NV now owns 2,561 shares of the company’s stock valued at $105,000 after acquiring an additional 1,225 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analyst Ratings Changes

Separately, CJS Securities began coverage on Enerpac Tool Group in a report on Friday, March 14th. They set an “outperform” rating and a $53.00 price objective for the company.

Enerpac Tool Group Price Performance

NYSE:EPAC opened at $38.66 on Thursday. The company has a quick ratio of 2.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.47. The firm has a market cap of $2.09 billion, a PE ratio of 23.57 and a beta of 1.08. Enerpac Tool Group Corp. has a 12 month low of $34.59 and a 12 month high of $51.91. The company’s 50-day moving average price is $43.78 and its two-hundred day moving average price is $44.59.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Monday, March 24th. The company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. Enerpac Tool Group had a return on equity of 25.39% and a net margin of 15.14%. The business had revenue of $145.53 million for the quarter, compared to the consensus estimate of $139.80 million. On average, equities analysts anticipate that Enerpac Tool Group Corp. will post 1.78 EPS 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.