Squarepoint Ops LLC Acquires 112,635 Shares of Enerpac Tool Group Corp. $EPAC

Squarepoint Ops LLC raised its holdings in Enerpac Tool Group Corp. (NYSE:EPACFree Report) by 403.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,524 shares of the company’s stock after acquiring an additional 112,635 shares during the period. Squarepoint Ops LLC owned approximately 0.27% of Enerpac Tool Group worth $5,039,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Nykredit A S purchased a new position in shares of Enerpac Tool Group during the second quarter worth about $31,000. Danske Bank A S bought a new stake in Enerpac Tool Group during the third quarter valued at approximately $45,000. Kemnay Advisory Services Inc. bought a new stake in Enerpac Tool Group during the fourth quarter valued at approximately $47,000. Advisory Services Network LLC purchased a new position in Enerpac Tool Group in the 3rd quarter worth approximately $61,000. Finally, Global Retirement Partners LLC purchased a new position in Enerpac Tool Group in the 4th quarter worth approximately $78,000. Institutional investors own 97.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Zacks Research upgraded shares of Enerpac Tool Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Enerpac Tool Group in a research report on Friday, August 14th. Finally, Roth Capital reissued a “buy” rating and issued a $50.00 target price 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. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $50.00.

View Our Latest Stock Analysis on EPAC

Enerpac Tool Group Trading Down 0.3%

Shares of EPAC opened at $35.28 on Friday. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 19.93 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. Enerpac Tool Group Corp. has a fifty-two week low of $32.35 and a fifty-two week high of $45.00. The firm has a 50 day moving average price of $36.18 and a 200-day moving average price of $35.97.

Enerpac Tool Group (NYSE:EPACGet Free Report) 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 company had revenue of $167.55 million for 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 business’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, equities research analysts forecast that Enerpac Tool Group Corp. will post 1.87 earnings per share for the current year.

Enerpac Tool Group Announces Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, October 16th. Stockholders of record on Tuesday, October 6th will be paid a dividend of $0.04 per share. This represents a dividend 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%.

About Enerpac Tool Group

(Free Report)

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.

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Institutional Ownership by Quarter for Enerpac Tool Group (NYSE:EPAC)

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