Enerpac Tool Group Corp. $EPAC Shares Sold by Engineers Gate Manager LP

Engineers Gate Manager LP lowered its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 67.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,038 shares of the company’s stock after selling 113,706 shares during the period. Engineers Gate Manager LP’s holdings in Enerpac Tool Group were worth $1,974,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Moody National Bank Trust Division grew its stake in shares of Enerpac Tool Group by 2.6% in the second quarter. Moody National Bank Trust Division now owns 17,210 shares of the company’s stock worth $617,000 after purchasing an additional 440 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Enerpac Tool Group by 8.4% during the first quarter. PNC Financial Services Group Inc. now owns 7,685 shares of the company’s stock valued at $280,000 after purchasing an additional 597 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Enerpac Tool Group by 9.0% during the first quarter. Janney Montgomery Scott LLC now owns 7,894 shares of the company’s stock valued at $288,000 after purchasing an additional 652 shares in the last quarter. Aristides Capital LLC lifted its holdings in Enerpac Tool Group by 12.9% in the first quarter. Aristides Capital LLC now owns 6,012 shares of the company’s stock worth $219,000 after purchasing an additional 688 shares during the period. Finally, Central Pacific Bank Trust Division grew its position in Enerpac Tool Group by 10.5% in the 2nd quarter. Central Pacific Bank Trust Division now owns 8,497 shares of the company’s stock valued at $305,000 after buying an additional 805 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Enerpac Tool Group in a research note on Friday, August 14th. Roth Capital reaffirmed a “buy” rating and issued a $50.00 price target on shares of Enerpac Tool Group in a research note on Thursday, July 9th. Finally, Zacks Research upgraded shares of Enerpac Tool Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 8th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $50.00.

Enerpac Tool Group Trading Up 0.3%

Shares of Enerpac Tool Group stock opened at $34.60 on Wednesday. The business has a fifty day simple moving average of $36.17 and a 200-day simple moving average of $35.83. Enerpac Tool Group Corp. has a fifty-two week low of $32.35 and a fifty-two week high of $45.00. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 19.55 and a beta of 0.87. The company has a quick ratio of 2.04, a current ratio of 2.67 and a debt-to-equity ratio of 0.41.

Enerpac Tool Group (NYSE:EPAC) last released its earnings results on Wednesday, July 8th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. Enerpac Tool Group had a return on equity of 23.21% and a net margin of 14.72%.The firm had revenue of $167.55 million for the quarter, compared to analyst estimates of $165.60 million. Enerpac Tool Group’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. On average, equities analysts forecast that Enerpac Tool Group Corp. will post 1.87 EPS for the current fiscal year.

Enerpac Tool Group Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a dividend yield of 12.0%. Enerpac Tool Group’s payout ratio is currently 2.26%.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. (NYSE: EPAC) is an industrial tools and services company that provides engineered solutions for the controlled movement, lifting, positioning, bolting and machining of heavy equipment and infrastructure. Its products are used in applications where precise force and load control are required.

The company’s portfolio includes high-pressure hydraulic tools, hydraulic pumps and cylinders, lifting and jacking systems, torque and tensioning equipment, specialized machining systems, and related accessories.