Gabelli Funds LLC Increases Holdings in Enerpac Tool Group Corp. $EPAC

Gabelli Funds LLC lifted its position in Enerpac Tool Group Corp. (NYSE:EPACFree Report) by 128.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 57,000 shares of the company’s stock after purchasing an additional 32,000 shares during the period. Gabelli Funds LLC’s holdings in Enerpac Tool Group were worth $2,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Gamco Investors INC. ET AL increased its position in Enerpac Tool Group by 21.2% during the first quarter. Gamco Investors INC. ET AL now owns 188,150 shares of the company’s stock valued at $6,862,000 after acquiring an additional 32,850 shares during the last quarter. Aristides Capital LLC boosted its position 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 last quarter. Southernsun Asset Management LLC boosted its position in Enerpac Tool Group by 10.7% in the first quarter. Southernsun Asset Management LLC now owns 664,874 shares of the company’s stock worth $24,248,000 after purchasing an additional 64,192 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Enerpac Tool Group by 94.9% during the 1st quarter. First Trust Advisors LP now owns 50,118 shares of the company’s stock valued at $1,828,000 after purchasing an additional 24,401 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of Enerpac Tool Group by 8.4% during the 1st 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 during the period. Institutional investors own 97.70% of the company’s stock.

Analyst Ratings Changes

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

Check Out Our Latest Report on Enerpac Tool Group

Enerpac Tool Group Price Performance

NYSE EPAC opened at $36.17 on Thursday. The company has a market capitalization of $1.85 billion, a PE ratio of 20.43 and a beta of 0.85. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.04 and a current ratio of 2.67. The business’s fifty day moving average is $34.89 and its 200 day moving average is $36.94. Enerpac Tool Group Corp. has a fifty-two week low of $32.35 and a fifty-two week high of $45.00.

Enerpac Tool Group (NYSE:EPACGet Free Report) last released its quarterly earnings results on Wednesday, July 8th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.11. The business had revenue of $167.55 million during the quarter, compared to analyst estimates of $165.60 million. Enerpac Tool Group had a return on equity of 23.21% and a net margin of 14.72%.The company’s quarterly 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. Sell-side analysts predict that Enerpac Tool Group Corp. will post 1.87 earnings per share for the current year.

Enerpac Tool Group Announces Dividend

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

Enerpac Tool Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Enerpac Tool Group (NYSE:EPAC)

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