Kensington Investment Counsel LLC Trims Holdings in Enerpac Tool Group Corp. $EPAC

Kensington Investment Counsel LLC trimmed its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 58.1% in the 1st quarter, Holdings Channel reports. The firm owned 17,986 shares of the company’s stock after selling 24,907 shares during the quarter. Kensington Investment Counsel LLC’s holdings in Enerpac Tool Group were worth $656,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. M&T Bank Corp increased its stake in Enerpac Tool Group by 2,163.1% in the 4th quarter. M&T Bank Corp now owns 1,124,267 shares of the company’s stock worth $42,992,000 after buying an additional 1,074,588 shares during the period. Bessemer Group Inc. boosted its position in Enerpac Tool Group by 1,570.4% in the 4th 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 period. Brown Advisory Inc. grew its stake in Enerpac Tool Group by 92.7% in the 4th quarter. Brown Advisory Inc. now owns 864,054 shares of the company’s stock worth $33,041,000 after acquiring an additional 415,723 shares in the last quarter. GW&K Investment Management LLC grew its stake in 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 worth $30,028,000 after acquiring an additional 201,175 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Enerpac Tool Group by 76.5% during the second quarter. Qube Research & Technologies Ltd now owns 353,771 shares of the company’s stock worth $14,349,000 after acquiring an additional 153,377 shares during the period. 97.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EPAC has been the subject of a number of research reports. Roth Capital reiterated a “buy” rating and issued a $50.00 price target on shares of Enerpac Tool Group in a report on Thursday, July 9th. Zacks Research downgraded Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a report on Friday, July 10th. Finally, Weiss Ratings lowered Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $50.00.

Enerpac Tool Group Stock Performance

Shares of NYSE:EPAC opened at $36.17 on Thursday. The firm has a 50 day moving average of $34.89 and a 200 day moving average of $36.94. The company has a quick ratio of 2.04, a current ratio of 2.67 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 20.43 and a beta of 0.85. Enerpac Tool Group Corp. has a 52 week low of $32.35 and a 52 week high of $45.00.

Enerpac Tool Group (NYSE:EPAC) last announced its 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. Enerpac Tool Group had a return on equity of 23.21% and a net margin of 14.72%.The business had revenue of $167.55 million for the quarter, compared to analysts’ expectations of $165.60 million. The business’s revenue for the quarter 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. On average, sell-side 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 business also recently disclosed an annual dividend, which will be paid on Friday, October 16th. Investors of record on Tuesday, October 6th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a yield of 12.0%. Enerpac Tool Group’s dividend payout ratio (DPR) is presently 2.26%.

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.