First Trust Advisors LP Acquires 24,401 Shares of Enerpac Tool Group Corp. $EPAC

First Trust Advisors LP grew its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 94.9% during the 1st quarter, HoldingsChannel reports. The fund owned 50,118 shares of the company’s stock after acquiring an additional 24,401 shares during the quarter. First Trust Advisors LP’s holdings in Enerpac Tool Group were worth $1,828,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Cooke & Bieler LP raised its position in Enerpac Tool Group by 2.1% in the 4th quarter. Cooke & Bieler LP now owns 1,577,871 shares of the company’s stock worth $60,338,000 after purchasing an additional 31,868 shares during the period. Dimensional Fund Advisors LP boosted its position in Enerpac Tool Group by 0.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,383,056 shares of the company’s stock valued at $56,703,000 after buying an additional 4,480 shares during the period. M&T Bank Corp grew its stake in shares of Enerpac Tool Group by 2,163.1% during the fourth quarter. M&T Bank Corp now owns 1,124,267 shares of the company’s stock valued at $42,992,000 after buying an additional 1,074,588 shares during the last quarter. Brown Advisory Inc. grew its stake in shares of Enerpac Tool Group by 92.7% during the fourth quarter. Brown Advisory Inc. now owns 864,054 shares of the company’s stock valued at $33,041,000 after buying an additional 415,723 shares during the last quarter. Finally, GW&K Investment Management LLC increased its holdings in shares of Enerpac Tool Group by 34.4% in the fourth quarter. GW&K Investment Management LLC now owns 785,268 shares of the company’s stock worth $30,028,000 after buying an additional 201,175 shares during the period. 97.70% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on EPAC. Weiss Ratings downgraded Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Roth Capital restated a “buy” rating and issued a $50.00 target price on shares of Enerpac Tool Group in a report on Thursday, July 9th. Finally, Zacks Research downgraded shares of Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a research note on Friday, July 10th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.00.

Enerpac Tool Group Price Performance

EPAC opened at $37.70 on Friday. The company has a current ratio of 2.67, a quick ratio of 2.04 and a debt-to-equity ratio of 0.41. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 21.30 and a beta of 0.86. The stock has a fifty day simple moving average of $35.25 and a two-hundred day simple moving average of $36.78. Enerpac Tool Group Corp. has a 12-month low of $32.35 and a 12-month high of $45.00.

Enerpac Tool Group (NYSE:EPAC) last posted its quarterly earnings data on Wednesday, July 8th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.49 by $0.11. Enerpac Tool Group had a net margin of 14.72% and a return on equity of 23.21%. The business had revenue of $167.55 million for the quarter, compared to analyst estimates of $165.60 million. The company’s revenue was up 5.7% compared to the same quarter last year. Enerpac Tool Group has set its FY 2026 guidance at 1.840-1.890 EPS. Research analysts predict that Enerpac Tool Group Corp. will post 1.87 earnings per share for the current fiscal year.

Enerpac Tool Group Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Friday, October 16th. Stockholders of record on Tuesday, October 6th will be paid a $0.04 dividend. This represents a dividend yield of 12.0%. The ex-dividend date is Tuesday, October 6th. Enerpac Tool Group’s dividend payout ratio is currently 2.26%.

About Enerpac Tool Group

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.