Bank of New York Mellon Corp Reduces Position in Enerpac Tool Group Corp. $EPAC

Bank of New York Mellon Corp decreased its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 27.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 366,776 shares of the company’s stock after selling 137,311 shares during the quarter. Bank of New York Mellon Corp’s holdings in Enerpac Tool Group were worth $13,376,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of Enerpac Tool Group by 29.5% during the first quarter. AQR Capital Management LLC now owns 27,208 shares of the company’s stock valued at $1,221,000 after acquiring an additional 6,203 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Enerpac Tool Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,370 shares of the company’s stock valued at $1,452,000 after purchasing an additional 1,425 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Enerpac Tool Group by 24.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 217,195 shares of the company’s stock valued at $9,743,000 after acquiring an additional 42,835 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Enerpac Tool Group by 32.8% in the 1st quarter. Jane Street Group LLC now owns 131,506 shares of the company’s stock worth $5,899,000 after purchasing an additional 32,491 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Enerpac Tool Group during the second quarter valued at about $1,253,000. Institutional investors own 97.70% of the company’s stock.

Enerpac Tool Group Stock Performance

EPAC opened at $35.77 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.67 and a quick ratio of 2.04. The firm has a fifty day moving average price of $34.96 and a 200 day moving average price of $36.91. Enerpac Tool Group Corp. has a 1 year low of $32.35 and a 1 year high of $45.00. The stock has a market cap of $1.83 billion, a P/E ratio of 20.21 and a beta of 0.85.

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

Enerpac Tool Group Announces Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, October 16th. Investors of record on Tuesday, October 6th will be issued a $0.04 dividend. 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 is presently 2.26%.

Wall Street Analyst Weigh In

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

About Enerpac Tool Group

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.