First Trust Advisors LP Raises Stock Position in Enerpac Tool Group Corp. $EPAC

First Trust Advisors LP increased its position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 94.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,118 shares of the company’s stock after acquiring an additional 24,401 shares during the period. First Trust Advisors LP owned approximately 0.10% of Enerpac Tool Group worth $1,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of EPAC. Danske Bank A S bought a new position in Enerpac Tool Group in the 3rd quarter valued at $45,000. Kemnay Advisory Services Inc. purchased a new position in shares of Enerpac Tool Group during the 4th quarter valued at $47,000. Advisory Services Network LLC bought a new position in shares of Enerpac Tool Group in the third quarter worth $61,000. Global Retirement Partners LLC bought a new position in shares of Enerpac Tool Group in the fourth quarter worth $78,000. Finally, State of Wyoming raised its position in shares of Enerpac Tool Group by 95.4% in the second quarter. State of Wyoming now owns 2,694 shares of the company’s stock worth $109,000 after buying an additional 1,315 shares in the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EPAC. Weiss Ratings lowered Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Zacks Research lowered Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a research note 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 research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Enerpac Tool Group presently has an average rating of “Hold” and a consensus target price of $50.00.

Enerpac Tool Group Stock Performance

Enerpac Tool Group stock opened at $37.70 on Friday. Enerpac Tool Group Corp. has a fifty-two week low of $32.35 and a fifty-two week high of $45.00. 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 stock has a market cap of $1.93 billion, a P/E ratio of 21.30 and a beta of 0.86. The firm’s fifty day moving average price is $35.25 and its 200-day moving average price is $36.78.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, July 8th. The company reported $0.60 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $165.60 million. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Enerpac Tool Group has set its FY 2026 guidance at 1.840-1.890 EPS. On average, equities research analysts expect that Enerpac Tool Group Corp. will post 1.87 earnings per share for the current fiscal year.

Enerpac Tool Group Announces Dividend

The company also recently disclosed 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 is presently 2.26%.

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.