Royal Bank of Canada Has $61,000 Stake in Enerpac Tool Group Corp. $EPAC

Royal Bank of Canada reduced its stake in Enerpac Tool Group Corp. (NYSE:EPAC) by 96.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,691 shares of the company’s stock after selling 45,175 shares during the quarter. Royal Bank of Canada’s holdings in Enerpac Tool Group were worth $61,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in EPAC. California State Teachers Retirement System increased its stake in Enerpac Tool Group by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 50,173 shares of the company’s stock worth $2,035,000 after acquiring an additional 369 shares during the period. Pacific Ridge Capital Partners LLC lifted its position in shares of Enerpac Tool Group by 5.0% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 8,322 shares of the company’s stock valued at $318,000 after acquiring an additional 400 shares during the period. Victory Capital Management Inc. lifted its position in shares of Enerpac Tool Group by 2.1% during the 3rd quarter. Victory Capital Management Inc. now owns 21,879 shares of the company’s stock valued at $897,000 after acquiring an additional 456 shares during the period. State of Tennessee Department of Treasury grew its holdings in shares of Enerpac Tool Group by 2.4% during the 2nd quarter. State of Tennessee Department of Treasury now owns 25,022 shares of the company’s stock worth $1,015,000 after purchasing an additional 578 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Enerpac Tool Group by 8.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,685 shares of the company’s stock worth $280,000 after purchasing an additional 597 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on EPAC shares. Roth Capital reaffirmed a “buy” rating and issued a $50.00 price target on shares of Enerpac Tool Group in a research note on Thursday, July 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Enerpac Tool Group in a research note on Friday, August 14th. Finally, Zacks Research lowered shares of Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $50.00.

Enerpac Tool Group Stock Down 1.8%

NYSE EPAC opened at $36.65 on Wednesday. The business has a fifty day moving average price of $36.05 and a two-hundred day moving average price of $36.26. The stock has a market capitalization of $1.87 billion, a PE ratio of 20.71 and a beta of 0.87. Enerpac Tool Group Corp. has a fifty-two week low of $32.35 and a fifty-two week high of $45.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.67 and a quick ratio of 2.04.

Enerpac Tool Group (NYSE:EPAC) last posted its quarterly earnings results on Wednesday, July 8th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. Enerpac Tool Group had a return on equity of 23.21% and a net margin of 14.72%.The company had revenue of $167.55 million during the quarter, compared to analysts’ expectations of $165.60 million. The company’s revenue for the quarter 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. Equities 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 announced an annual dividend, which will be paid on Friday, October 16th. Shareholders of record on Tuesday, October 6th will be given a $0.04 dividend. This represents a yield of 12.0%. The ex-dividend date is Tuesday, October 6th. Enerpac Tool Group’s payout ratio is currently 2.26%.

Enerpac Tool Group 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.