Cooke & Bieler LP Has $44.73 Million Holdings in Enerpac Tool Group Corp. (NYSE:EPAC)

Cooke & Bieler LP decreased its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 19.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,088,476 shares of the company’s stock after selling 266,146 shares during the quarter. Cooke & Bieler LP owned about 2.00% of Enerpac Tool Group worth $44,725,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Assetmark Inc. acquired a new position in Enerpac Tool Group during the 4th quarter worth approximately $29,000. Quarry LP raised its position in shares of Enerpac Tool Group by 110.7% during the third quarter. Quarry LP now owns 830 shares of the company’s stock worth $35,000 after purchasing an additional 436 shares during the period. First Horizon Advisors Inc. bought a new position in shares of Enerpac Tool Group in the 4th quarter worth $36,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Enerpac Tool Group in the 3rd quarter valued at $42,000. Finally, Venturi Wealth Management LLC bought a new stake in Enerpac Tool Group during the 4th quarter valued at $51,000. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Performance

EPAC opened at $45.16 on Tuesday. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 27.54 and a beta of 1.18. The company’s fifty day moving average price is $44.25 and its two-hundred day moving average price is $44.34. Enerpac Tool Group Corp. has a 1-year low of $32.28 and a 1-year high of $51.91. The company has a current ratio of 2.92, a quick ratio of 2.24 and a debt-to-equity ratio of 0.47.

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