Enerpac Tool Group (NYSE:EPAC) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Enerpac Tool Group (NYSE:EPAC) from a hold rating to a buy rating in a report issued on Saturday morning.

Several other analysts also recently weighed in on the company. Roth Capital set a $51.00 target price on Enerpac Tool Group and gave the company a “buy” rating in a report on Monday, October 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enerpac Tool Group in a research note on Wednesday, October 8th. Finally, Zacks Research raised Enerpac Tool Group to a “hold” rating in a report on Monday, September 8th. Three analysts have rated the stock with a Buy rating and one has assigned 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 Stock Performance

Shares of EPAC opened at $38.67 on Friday. The stock has a 50-day simple moving average of $41.03 and a 200-day simple moving average of $41.26. The stock has a market capitalization of $2.05 billion, a PE ratio of 22.61 and a beta of 1.11. Enerpac Tool Group has a 1 year low of $36.51 and a 1 year high of $49.77. 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) last posted its quarterly earnings results on Wednesday, October 15th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.01. The company had revenue of $167.51 million for the quarter, compared to analysts’ expectations of $164.70 million. Enerpac Tool Group had a return on equity of 23.54% and a net margin of 15.03%.During the same period last year, the firm earned $0.50 earnings per share. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. On average, analysts predict that Enerpac Tool Group will post 1.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, 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 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 $14,447,048. This trade represents a 0.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Enerpac Tool Group

A number of large investors have recently bought and sold shares of the stock. Lazard Asset Management LLC purchased a new stake in shares of Enerpac Tool Group during the third quarter worth about $1,762,000. Amundi lifted its position in Enerpac Tool Group by 9.6% during the third quarter. Amundi now owns 9,593 shares of the company’s stock worth $389,000 after buying an additional 842 shares during the period. Freestone Grove Partners LP acquired a new position in shares of Enerpac Tool Group during the 3rd quarter valued at about $482,000. Man Group plc grew its holdings in Enerpac Tool Group by 21.1% in the third quarter. Man Group plc now owns 14,697 shares of the company’s stock valued at $603,000 after purchasing an additional 2,564 shares during the period. Finally, Brooklyn Investment Group boosted its holdings in shares of Enerpac Tool Group by 39,935.3% in the 3rd quarter. Brooklyn Investment Group now owns 6,806 shares of the company’s stock valued at $279,000 after purchasing an additional 6,789 shares during the last quarter. 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.