Enerpac Tool Group (NYSE:EPAC) Earns "Buy (B-)" Rating from Weiss Ratings

Key Points

• Enerpac Tool Group's stock has been restated with a "buy (B-)" rating by Weiss Ratings, indicating analyst confidence in the company's future performance.
• The company recently reported earnings of $0.52 per share, surpassing analyst estimates and showing a revenue of $167.52 million for the quarter.
• Enerpac Tool Group's stock has an average target price of $52.00, with ratings from three analysts categorizing it as a "Buy" and one as a "Hold".

Enerpac Tool Group (NYSE:EPAC - Get Free Report)'s stock had its "buy (b-)" rating restated by analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

A number of other analysts have also issued reports on EPAC. Roth Capital set a $51.00 price objective on shares of Enerpac Tool Group and gave the company a "buy" rating in a research note on Monday. Wall Street Zen lowered shares of Enerpac Tool Group from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 26th. Finally, Zacks Research upgraded shares of Enerpac Tool Group to a "hold" rating in a research note on Monday, September 8th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $52.00.

Enerpac Tool Group Trading Up 0.1%

NYSE EPAC opened at $42.47 on Friday. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 24.84 and a beta of 1.12. The company's 50 day moving average price is $41.62 and its 200 day moving average price is $41.11. Enerpac Tool Group has a one year low of $36.51 and a one year high of $51.91. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.17 and a current ratio of 2.74.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last posted its quarterly earnings data on Wednesday, October 15th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The company had revenue of $167.52 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 quarter last year, the firm posted $0.50 earnings per share. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. On average, sell-side analysts predict that Enerpac Tool Group will post 1.78 EPS for the current year.

Insider Buying and Selling

In other news, Director E James Ferland, Jr. sold 4,224 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $40.99, for a total transaction of $173,141.76. Following the completion of the sale, the director owned 94,136 shares of the company's stock, valued at approximately $3,858,634.64. This trade represents a 4.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Paul Sternlieb sold 2,700 shares of the firm's stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $44.00, for a total transaction of $118,800.00. Following the sale, 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 disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

Institutional Trading of Enerpac Tool Group

Hedge funds have recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC acquired a new stake in shares of Enerpac Tool Group during the second quarter worth approximately $42,000. Assetmark Inc. boosted its holdings in Enerpac Tool Group by 41.0% in the first quarter. Assetmark Inc. now owns 980 shares of the company's stock worth $44,000 after purchasing an additional 285 shares during the period. Russell Investments Group Ltd. boosted 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 worth $54,000 after purchasing an additional 1,136 shares during the period. Whittier Trust Co. boosted its holdings in Enerpac Tool Group by 361.9% in the first quarter. Whittier Trust Co. now owns 1,663 shares of the company's stock worth $75,000 after purchasing an additional 1,303 shares during the period. Finally, Simplex Trading LLC acquired a new position in Enerpac Tool Group in the second quarter worth $75,000. Institutional investors and hedge funds own 97.70% of the company's stock.

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.

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