Enerpac Tool Group (NYSE:EPAC) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Enerpac Tool Group (NYSE:EPAC) from a strong sell rating to a hold rating in a report issued on Tuesday morning,Zacks reports.

A number of other brokerages have also recently commented on EPAC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Enerpac Tool Group in a report on Friday, August 14th. Roth Capital reiterated a “buy” rating and set a $50.00 price objective on shares of Enerpac Tool Group in a research note on Thursday, July 9th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Enerpac Tool Group has a consensus rating of “Hold” and a consensus price target of $50.00.

Enerpac Tool Group Stock Down 1.7%

EPAC stock opened at $36.41 on Tuesday. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 20.57 and a beta of 0.87. 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 50-day moving average is $36.16 and its two-hundred day moving average is $36.02. Enerpac Tool Group has a fifty-two week low of $32.35 and a fifty-two week high of $45.00.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings results on Wednesday, July 8th. The company reported $0.60 earnings per share (EPS) for the quarter, beating 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 business had revenue of $167.55 million during the quarter, compared to the consensus estimate of $165.60 million. Enerpac Tool Group’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. As a group, analysts forecast that Enerpac Tool Group will post 1.87 earnings per share for the current year.

Enerpac Tool Group Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its position in shares of Enerpac Tool Group by 0.7% during the second quarter. California State Teachers Retirement System now owns 50,173 shares of the company’s stock valued at $2,035,000 after buying an additional 369 shares during the last quarter. Moody National Bank Trust Division grew its stake in Enerpac Tool Group by 2.6% during the second quarter. Moody National Bank Trust Division now owns 17,210 shares of the company’s stock valued at $617,000 after acquiring an additional 440 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Enerpac Tool Group by 2.1% in the 3rd quarter. Victory Capital Management Inc. now owns 21,879 shares of the company’s stock valued at $897,000 after acquiring an additional 456 shares during the last quarter. State of Tennessee Department of Treasury increased its holdings in Enerpac Tool Group by 2.4% in the 2nd quarter. State of Tennessee Department of Treasury now owns 25,022 shares of the company’s stock valued at $1,015,000 after acquiring an additional 578 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Enerpac Tool Group by 8.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,685 shares of the company’s stock worth $280,000 after purchasing an additional 597 shares in the last quarter. 97.70% of the stock is currently owned by 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.