Enerpac Tool Group (NYSE:EPAC) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• Enerpac Tool Group has been downgraded from a "buy" rating to a "hold" rating by Wall Street Zen, indicating a more cautious outlook from analysts.
• The company reported $0.52 earnings per share for the latest quarter, which exceeded analysts’ expectations of $0.51, along with a revenue of $167.52 million.
• According to MarketBeat, Enerpac Tool Group has an average rating of "Moderate Buy" with a target price of $52.00 and 97.70% of its stock owned by institutional investors and hedge funds.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued on Saturday.

Other equities research analysts also recently issued reports about the company. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Enerpac Tool Group in a research note on Friday. Roth Capital set a $51.00 price objective on Enerpac Tool Group and gave the stock a "buy" rating in a report on Monday. Finally, Zacks Research raised Enerpac Tool Group to a "hold" rating in a research note on Monday, September 8th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $52.00.

Enerpac Tool Group Stock Up 0.1%

EPAC opened at $42.47 on Friday. Enerpac Tool Group has a fifty-two week low of $36.51 and a fifty-two week high of $51.91. The business has a 50-day moving average of $41.62 and a 200-day moving average of $41.11. 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 has a market capitalization of $2.25 billion, a PE ratio of 24.84 and a beta of 1.12.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last posted its quarterly earnings results on Wednesday, October 15th. The company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.01. Enerpac Tool Group had a return on equity of 23.54% and a net margin of 15.03%.The company had revenue of $167.52 million during the quarter, compared to the consensus estimate of $164.70 million. During the same period last year, the business earned $0.50 EPS. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. Equities research analysts forecast that Enerpac Tool Group will post 1.78 EPS for the current fiscal year.

Insider Activity

In other Enerpac Tool Group news, Director E James Ferland, Jr. sold 4,224 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $40.99, for a total value of $173,141.76. Following the sale, the director owned 94,136 shares in the company, valued at $3,858,634.64. This represents a 4.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 transaction, the chief executive officer owned 328,342 shares in the company, valued at approximately $14,447,048. This trade represents a 0.82% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Enerpac Tool Group

Hedge funds have recently modified their holdings of the company. Elevation Point Wealth Partners LLC acquired a new position in shares of Enerpac Tool Group in the 2nd quarter valued at about $42,000. Assetmark Inc. boosted 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 worth $44,000 after buying an additional 285 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Enerpac Tool Group by 1,556.2% in the 1st quarter. Russell Investments Group Ltd. now owns 1,209 shares of the company's stock worth $54,000 after buying an additional 1,136 shares during the last quarter. Whittier Trust Co. lifted its stake in Enerpac Tool Group by 361.9% in the first quarter. Whittier Trust Co. now owns 1,663 shares of the company's stock valued at $75,000 after purchasing an additional 1,303 shares during the last quarter. Finally, Simplex Trading LLC purchased a new position in Enerpac Tool Group in the second quarter valued at approximately $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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