TD Asset Management Inc Has $1.59 Million Holdings in Enerpac Tool Group Corp. $EPAC

TD Asset Management Inc reduced its stake in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 9.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,256 shares of the company’s stock after selling 4,254 shares during the quarter. TD Asset Management Inc’s holdings in Enerpac Tool Group were worth $1,592,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Assetmark Inc. raised its stake in Enerpac Tool Group by 41.0% during the 1st quarter. Assetmark Inc. now owns 980 shares of the company’s stock valued at $44,000 after purchasing an additional 285 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Enerpac Tool Group by 1,556.2% during the 1st quarter. Russell Investments Group Ltd. now owns 1,209 shares of the company’s stock valued at $54,000 after purchasing an additional 1,136 shares during the last quarter. Whittier Trust Co. raised its stake in Enerpac Tool Group by 361.9% during the 1st 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. Quarry LP raised its stake in Enerpac Tool Group by 1,109.6% during the 1st quarter. Quarry LP now owns 2,141 shares of the company’s stock valued at $96,000 after purchasing an additional 1,964 shares during the last quarter. Finally, Benjamin Edwards Inc. acquired a new position in Enerpac Tool Group during the 1st quarter valued at $203,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EPAC has been the subject of several research analyst reports. Zacks Research upgraded shares of Enerpac Tool Group to a “hold” rating in a research note on Monday, September 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Enerpac Tool Group in a research note on Wednesday, October 8th. 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. Finally, Wall Street Zen cut shares of Enerpac Tool Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 26th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Enerpac Tool Group currently has an average rating of “Moderate Buy” and a consensus price target of $52.00.

Enerpac Tool Group Trading Down 1.5%

Shares of EPAC stock opened at $41.85 on Thursday. Enerpac Tool Group Corp. has a 52-week low of $36.51 and a 52-week high of $51.91. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 24.48 and a beta of 1.12. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.17 and a current ratio of 2.74. The firm has a fifty day moving average of $41.60 and a 200-day moving average of $41.05.

Enerpac Tool Group (NYSE:EPAC) last announced its earnings results on Wednesday, October 15th. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. The business had revenue of $167.52 million during the quarter, compared to analysts’ expectations 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 company posted $0.50 EPS. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. On average, equities research analysts forecast that Enerpac Tool Group Corp. will post 1.78 earnings per share for the current fiscal year.

Enerpac Tool Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, October 7th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, October 7th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. Enerpac Tool Group’s dividend payout ratio (DPR) is 2.34%.

Insider Transactions at Enerpac Tool Group

In related news, Director E James Ferland, Jr. sold 4,224 shares of the stock in a transaction dated 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 in the company, valued at $3,858,634.64. This trade represents a 4.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Paul Sternlieb sold 2,700 shares of the stock in a transaction dated 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 owned 328,342 shares of the company’s stock, valued at $14,447,048. This trade represents a 0.82% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.

About Enerpac Tool Group

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.