Insider Selling: Enerpac Tool Group (NYSE:EPAC) CEO Sells 2,700 Shares of Stock

Key Points

• Enerpac Tool Group CEO Paul Sternlieb sold 2,700 shares of stock at an average price of $44.00, totaling $118,800, while retaining ownership of 328,342 shares.
• The company reported quarterly earnings of $0.52 EPS, exceeding analysts' expectations, with revenues of $167.52 million surpassing the predicted $164.70 million.
• Enerpac Tool Group declared a quarterly dividend of $0.04 per share, yielding an annualized rate of 0.4%, with the ex-dividend date being October 7th.

Enerpac Tool Group Corp. (NYSE:EPAC - Get Free Report) 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 transaction, the chief executive officer owned 328,342 shares of the company's stock, valued at approximately $14,447,048. The trade was a 0.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Enerpac Tool Group Trading Down 0.3%

Shares of NYSE:EPAC traded down $0.13 during mid-day trading on Friday, hitting $42.11. The company had a trading volume of 520,613 shares, compared to its average volume of 356,031. The firm has a fifty day moving average price of $41.54 and a 200 day moving average price of $41.09. The company has a market capitalization of $2.28 billion, a PE ratio of 24.62 and a beta of 1.12. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.90 and a quick ratio of 2.24. Enerpac Tool Group Corp. has a one year low of $36.51 and a one year high of $51.91.

Enerpac Tool Group (NYSE:EPAC - Get Free Report) last announced its quarterly earnings results on Wednesday, October 15th. The company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The business had revenue of $167.52 million during 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 23.82%. During the same quarter in the previous year, the business posted $0.50 EPS. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. As a group, research analysts forecast that Enerpac Tool Group Corp. will post 1.78 EPS for the current year.

Enerpac Tool Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, October 7th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Tuesday, October 7th. Enerpac Tool Group's payout ratio is currently 2.45%.

Analyst Ratings Changes

Several brokerages have recently weighed in on EPAC. Wall Street Zen cut Enerpac Tool Group from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 26th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Enerpac Tool Group in a research note on Wednesday, October 8th. Roth Capital began coverage on Enerpac Tool Group in a research note on Friday, September 5th. They set a "buy" rating and a $48.00 price objective for the company. Finally, Zacks Research raised Enerpac Tool Group to a "hold" rating in a research note on Monday, September 8th. Three investment 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.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $50.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EPAC. SG Americas Securities LLC lifted its position in shares of Enerpac Tool Group by 332.7% during the 1st quarter. SG Americas Securities LLC now owns 10,834 shares of the company's stock valued at $486,000 after buying an additional 8,330 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Enerpac Tool Group by 6.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,845 shares of the company's stock worth $307,000 after acquiring an additional 440 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Enerpac Tool Group by 14.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 7,051 shares of the company's stock valued at $316,000 after purchasing an additional 917 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Enerpac Tool Group by 15.8% during the 1st quarter. Bessemer Group Inc. now owns 22,888 shares of the company's stock valued at $1,027,000 after purchasing an additional 3,125 shares during the last quarter. Finally, Diversified Trust Co increased its position in shares of Enerpac Tool Group by 17.8% during the 1st quarter. Diversified Trust Co now owns 14,725 shares of the company's stock valued at $661,000 after purchasing an additional 2,225 shares during the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

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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