Enerpac Tool Group Corp. (EPAC) to Issue Annual Dividend of $0.04 on October 16th

Enerpac Tool Group Corp. (NYSE:EPAC) declared an annual dividend on Thursday, July 23rd. Stockholders of record on Tuesday, October 6th will be paid a dividend of 0.04 per share on Friday, October 16th. This represents a dividend yield of 12.0%. The ex-dividend date of this dividend is Tuesday, October 6th.

Enerpac Tool Group has a dividend payout ratio of 2.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Enerpac Tool Group to earn $2.06 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 1.9%.

Enerpac Tool Group Stock Performance

Shares of EPAC opened at $34.68 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’s 50 day moving average is $34.75 and its 200-day moving average is $37.04. Enerpac Tool Group has a 12-month low of $32.35 and a 12-month high of $45.00. The stock has a market capitalization of $1.77 billion, a P/E ratio of 19.59 and a beta of 0.85.

Enerpac Tool Group (NYSE:EPAC) last released its 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. The business had revenue of $167.55 million during the quarter, compared to analyst estimates of $165.60 million. Enerpac Tool Group had a net margin of 14.72% and a return on equity of 23.21%. The firm’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 will post 1.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on EPAC shares. Weiss Ratings downgraded Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Wall Street Zen upgraded Enerpac Tool Group from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Roth Capital reaffirmed a “buy” rating and set a $50.00 target price on shares of Enerpac Tool Group in a research report on Thursday, July 9th. Finally, Zacks Research downgraded Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $50.00.

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.