Enerpac Tool Group (NYSE:EPAC) Rating Increased to Hold at Zacks Research

Enerpac Tool Group (NYSE:EPAC) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

EPAC has been the topic of several other research reports. Roth Capital reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Enerpac Tool Group in a research report on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of Enerpac Tool Group in a report on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Enerpac Tool Group currently has a consensus rating of “Hold” and a consensus price target of $50.00.

Enerpac Tool Group Stock Performance

Shares of NYSE:EPAC opened at $36.41 on Tuesday. The company has a current ratio of 2.67, a quick ratio of 2.04 and a debt-to-equity ratio of 0.41. Enerpac Tool Group has a 12 month low of $32.35 and a 12 month high of $45.00. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 20.57 and a beta of 0.87. The firm’s 50-day moving average is $36.16 and its 200 day moving average is $36.02.

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

Hedge Funds Weigh In On Enerpac Tool Group

Several institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in Enerpac Tool Group by 4,049.0% in the second quarter. California State Teachers Retirement System now owns 2,121,442 shares of the company’s stock valued at $76,075,000 after purchasing an additional 2,070,311 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of Enerpac Tool Group by 1,570.4% during the fourth quarter. Bessemer Group Inc. now owns 605,202 shares of the company’s stock valued at $23,142,000 after buying an additional 568,972 shares during the last quarter. Brown Advisory Inc. lifted its position 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. GW&K Investment Management LLC boosted its holdings in shares of Enerpac Tool Group by 34.4% in the 4th quarter. GW&K Investment Management LLC now owns 785,268 shares of the company’s stock valued at $30,028,000 after buying an additional 201,175 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its position in shares of Enerpac Tool Group by 76.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 353,771 shares of the company’s stock worth $14,349,000 after buying an additional 153,377 shares during the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

Enerpac Tool Group Company 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.