Y Intercept Hong Kong Ltd Makes New Investment in Enerpac Tool Group Corp. $EPAC

Y Intercept Hong Kong Ltd purchased a new stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 4,970 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Principal Financial Group Inc. boosted its holdings in Enerpac Tool Group by 3.2% during the first quarter. Principal Financial Group Inc. now owns 296,448 shares of the company’s stock valued at $13,299,000 after acquiring an additional 9,177 shares during the period. Nuveen LLC acquired a new position in shares of Enerpac Tool Group during the 1st quarter worth about $12,804,000. Envestnet Asset Management Inc. lifted its position in shares of Enerpac Tool Group by 57.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 223,590 shares of the company’s stock worth $10,030,000 after purchasing an additional 81,323 shares during the last quarter. Strs Ohio bought a new stake in Enerpac Tool Group during the 1st quarter valued at approximately $915,000. Finally, Entropy Technologies LP acquired a new stake in Enerpac Tool Group in the 1st quarter valued at approximately $389,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on EPAC shares. Zacks Research upgraded Enerpac Tool Group to a “hold” rating in a report on Monday, September 8th. 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. Weiss Ratings restated a “buy (b-)” rating on shares of Enerpac Tool Group in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Enerpac Tool Group from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $52.00.

Insider Buying and Selling

In other Enerpac Tool Group news, Director E James Ferland, Jr. sold 4,224 shares of Enerpac Tool Group stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $40.99, for a total transaction of $173,141.76. Following the sale, the director directly owned 94,136 shares of the company’s stock, valued at approximately $3,858,634.64. The trade was a 4.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Paul Sternlieb sold 2,700 shares of the stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $44.00, for a total value 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 approximately $14,447,048. The trade was a 0.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

Enerpac Tool Group Trading Down 1.0%

Shares of Enerpac Tool Group stock opened at $40.13 on Monday. Enerpac Tool Group Corp. has a 52-week low of $36.51 and a 52-week high of $51.91. The firm has a market capitalization of $2.13 billion, a PE ratio of 23.47 and a beta of 1.11. 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 company’s fifty day moving average price is $41.29 and its two-hundred day moving average price is $41.29.

Enerpac Tool Group (NYSE:EPAC) last issued its earnings results on Wednesday, October 15th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. The business had revenue of $167.51 million for the quarter, compared to analyst estimates 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 period in the previous year, the business earned $0.50 EPS. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. On average, analysts expect that Enerpac Tool Group Corp. will post 1.78 EPS for the current year.

Enerpac Tool Group Company 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.