Laurel Wealth Advisors LLC raised its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC – Free Report) by 3,956.9% during the second quarter, HoldingsChannel reports. The fund owned 4,422 shares of the company’s stock after acquiring an additional 4,313 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Enerpac Tool Group were worth $179,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of EPAC. Assetmark Inc. raised its stake in shares of Enerpac Tool Group by 41.0% in the 1st quarter. Assetmark Inc. now owns 980 shares of the company’s stock valued at $44,000 after purchasing an additional 285 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Enerpac Tool Group by 1,556.2% in the first quarter. Russell Investments Group Ltd. now owns 1,209 shares of the company’s stock valued at $54,000 after buying an additional 1,136 shares during the last quarter. Simplex Trading LLC acquired a new stake in Enerpac Tool Group during the second quarter valued at approximately $75,000. Quarry LP lifted its holdings in Enerpac Tool Group by 1,109.6% during the 1st quarter. Quarry LP now owns 2,141 shares of the company’s stock worth $96,000 after buying an additional 1,964 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Enerpac Tool Group in the 2nd quarter worth approximately $202,000. Institutional investors own 97.70% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Enerpac Tool Group in a report on Wednesday. Roth Capital set a $51.00 target price on shares of Enerpac Tool Group and gave the company a “buy” rating in a research note on Monday, October 20th. Wall Street Zen upgraded shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Finally, Zacks Research raised shares of Enerpac Tool Group to a “hold” rating in a report on Monday, September 8th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $52.00.
Enerpac Tool Group Price Performance
Shares of EPAC opened at $37.87 on Friday. Enerpac Tool Group Corp. has a 12 month low of $36.51 and a 12 month high of $49.45. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.74 and a quick ratio of 2.17. The stock has a fifty day moving average price of $40.11 and a 200 day moving average price of $40.91. The company has a market cap of $2.01 billion, a P/E ratio of 22.15 and a beta of 1.11.
Enerpac Tool Group (NYSE:EPAC – Get Free Report) last announced its quarterly earnings results on Wednesday, October 15th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. The company had revenue of $167.51 million during the quarter, compared to the consensus estimate of $164.70 million. Enerpac Tool Group had a net margin of 15.03% and a return on equity of 23.54%. During the same quarter in the previous year, the company posted $0.50 earnings per share. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. On average, research analysts forecast that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current year.
Insider Transactions at Enerpac Tool Group
In other Enerpac Tool Group news, CEO Paul Sternlieb sold 2,700 shares of the business’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $44.00, for a total transaction of $118,800.00. Following the completion of the transaction, the chief executive officer directly owned 328,342 shares of the company’s stock, valued at $14,447,048. The trade was a 0.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is owned by insiders.
Enerpac Tool Group Profile
Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.
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