Tudor Investment Corp ET AL Purchases 61,337 Shares of Enerpac Tool Group Corp. $EPAC

Tudor Investment Corp ET AL raised its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 58.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 167,029 shares of the company’s stock after purchasing an additional 61,337 shares during the period. Tudor Investment Corp ET AL’s holdings in Enerpac Tool Group were worth $6,848,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC boosted its stake in shares of Enerpac Tool Group by 29.5% in the 1st quarter. AQR Capital Management LLC now owns 27,208 shares of the company’s stock worth $1,221,000 after buying an additional 6,203 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Enerpac Tool Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,370 shares of the company’s stock valued at $1,452,000 after acquiring an additional 1,425 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Enerpac Tool Group by 24.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 217,195 shares of the company’s stock worth $9,743,000 after acquiring an additional 42,835 shares during the period. Jane Street Group LLC lifted its holdings in Enerpac Tool Group by 32.8% during the first quarter. Jane Street Group LLC now owns 131,506 shares of the company’s stock worth $5,899,000 after acquiring an additional 32,491 shares during the period. Finally, Geode Capital Management LLC boosted its position in Enerpac Tool Group by 0.4% in the second quarter. Geode Capital Management LLC now owns 1,289,990 shares of the company’s stock worth $52,329,000 after purchasing an additional 5,314 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on EPAC shares. Wall Street Zen downgraded Enerpac Tool Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of Enerpac Tool Group in a report on Monday, December 29th. Finally, William Blair assumed coverage on shares of Enerpac Tool Group in a research report on Friday, January 16th. They set a “market perform” rating for the company. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $51.00.

Enerpac Tool Group Stock Performance

NYSE EPAC opened at $36.75 on Tuesday. The company’s 50 day moving average is $40.12 and its 200-day moving average is $40.03. Enerpac Tool Group Corp. has a 12-month low of $34.90 and a 12-month high of $47.27. The company has a quick ratio of 2.14, a current ratio of 2.83 and a debt-to-equity ratio of 0.42. The firm has a market cap of $1.94 billion, a P/E ratio of 22.00 and a beta of 0.96.

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.