Enerpac Tool Group (NYSE:EPAC) Trading Down 0.9% – Here’s Why

Enerpac Tool Group Corp. (NYSE:EPAC)’s share price dropped 0.9% during mid-day trading on Monday . The stock traded as low as $36.99 and last traded at $37.27. 475,521 shares traded hands during mid-day trading, an increase of 68% from the average daily volume of 283,572 shares. The stock had previously closed at $37.61.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Enerpac Tool Group in a research report on Friday, August 14th. Zacks Research downgraded Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a report on Friday, July 10th. Finally, Roth Capital reiterated a “buy” rating and issued a $50.00 target price on shares of Enerpac Tool Group in a report on Thursday, July 9th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Enerpac Tool Group presently has a consensus rating of “Hold” and a consensus price target of $50.00.

Enerpac Tool Group Price Performance

The business has a 50-day moving average price of $36.05 and a two-hundred day moving average price of $36.26. 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 $1.87 billion, a price-to-earnings ratio of 20.71 and a beta of 0.87.

Enerpac Tool Group (NYSE:EPAC) last posted 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 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. As a group, research analysts anticipate that Enerpac Tool Group Corp. will post 1.87 EPS for the current year.

Enerpac Tool Group Announces Dividend

The business also recently announced an annual dividend, which will be paid on Friday, October 16th. Stockholders of record on Tuesday, October 6th will be issued 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 (DPR) is currently 2.26%.

Institutional Investors Weigh In On Enerpac Tool Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System lifted its position in shares of Enerpac Tool Group by 4,049.0% during 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 in the last quarter. Cooke & Bieler LP lifted its holdings in Enerpac Tool Group by 2.1% during the fourth quarter. Cooke & Bieler LP now owns 1,577,871 shares of the company’s stock worth $60,338,000 after acquiring an additional 31,868 shares during the period. Dimensional Fund Advisors LP boosted its position in Enerpac Tool Group by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,383,056 shares of the company’s stock worth $56,703,000 after purchasing an additional 4,480 shares during the last quarter. Brown Advisory Inc. raised 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 valued at $33,041,000 after acquiring an additional 415,723 shares during the period. Finally, 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 valued at $30,028,000 after buying an additional 201,175 shares in 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.