61,843 Shares in Enerpac Tool Group Corp. $EPAC Purchased by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. bought a new position in shares of Enerpac Tool Group Corp. (NYSE:EPAC) in the first quarter, Holdings Channel reports. The fund bought 61,843 shares of the company’s stock, valued at approximately $2,255,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Danske Bank A S acquired a new position in shares of Enerpac Tool Group in the 3rd quarter valued at $45,000. Kemnay Advisory Services Inc. purchased a new position in Enerpac Tool Group in the 4th quarter worth about $47,000. Advisory Services Network LLC acquired a new stake in Enerpac Tool Group during the 3rd quarter worth about $61,000. Global Retirement Partners LLC acquired a new stake in Enerpac Tool Group during the 4th quarter worth about $78,000. Finally, State of Wyoming raised its holdings in Enerpac Tool Group by 95.4% during the 2nd quarter. State of Wyoming now owns 2,694 shares of the company’s stock worth $109,000 after buying an additional 1,315 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

EPAC has been the subject of several research analyst reports. Zacks Research downgraded shares of Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 10th. Roth Capital reiterated a “buy” rating and set a $50.00 price objective on shares of Enerpac Tool Group in a research report on Thursday, July 9th. Finally, Weiss Ratings downgraded shares of Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Enerpac Tool Group currently has a consensus rating of “Hold” and a consensus target price of $50.00.

Enerpac Tool Group Stock Performance

Shares of NYSE EPAC opened at $34.89 on Tuesday. The business’s 50-day simple moving average is $34.77 and its 200-day simple moving average is $36.99. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.04 and a current ratio of 2.67. Enerpac Tool Group Corp. has a 52 week low of $32.35 and a 52 week high of $45.00. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 19.71 and a beta of 0.85.

Enerpac Tool Group (NYSE:EPAC) last posted its earnings results on Wednesday, July 8th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.11. Enerpac Tool Group had a net margin of 14.72% and a return on equity of 23.21%. The business had revenue of $167.55 million for the quarter, compared to analyst estimates of $165.60 million. Enerpac Tool Group’s revenue was up 5.7% compared to the same quarter last year. Enerpac Tool Group has set its FY 2026 guidance at 1.840-1.890 EPS. As a group, equities research analysts expect that Enerpac Tool Group Corp. will post 1.87 earnings per share for the current fiscal year.

Enerpac Tool Group Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Friday, October 16th. Shareholders of record on Tuesday, October 6th will be paid a dividend of $0.04 per share. The ex-dividend date is Tuesday, October 6th. This represents a yield of 12.0%. Enerpac Tool Group’s payout ratio is currently 2.26%.

Enerpac Tool Group Company Profile

Enerpac Tool Group Corp. (NYSE: EPAC) is a global provider of high-pressure hydraulic tools, controlled force products and precision positioning equipment. The company’s products and solutions enable customers in manufacturing, energy, infrastructure, transportation and construction to lift, move, position and secure heavy loads with safety and accuracy. Enerpac’s core portfolio includes hydraulic pumps, cylinders, torque wrenches, torque multipliers, flange spreaders, tensioners and portable bolting tools, complemented by electric and pneumatic tools for a wide range of industrial applications.

In addition to its extensive product lines, Enerpac offers integrated systems and services such as engineered lifting solutions, custom skidding and spreader beam assemblies, mobile bolting units and digital monitoring platforms.