Kensington Investment Counsel LLC Sells 24,907 Shares of Enerpac Tool Group Corp. $EPAC

Kensington Investment Counsel LLC decreased its holdings in shares of Enerpac Tool Group Corp. (NYSE:EPAC) by 58.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,986 shares of the company’s stock after selling 24,907 shares during the quarter. Kensington Investment Counsel LLC’s holdings in Enerpac Tool Group were worth $656,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Amundi increased its holdings in shares of Enerpac Tool Group by 57.3% in the 1st quarter. Amundi now owns 23,419 shares of the company’s stock worth $854,000 after buying an additional 8,533 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of Enerpac Tool Group by 43.7% during the 1st quarter. Quantinno Capital Management LP now owns 14,410 shares of the company’s stock valued at $526,000 after buying an additional 4,382 shares in the last quarter. Polar Asset Management Partners Inc. bought a new position in shares of Enerpac Tool Group in the 1st quarter valued at about $2,255,000. Entropy Technologies LP grew its position in Enerpac Tool Group by 148.5% in the first quarter. Entropy Technologies LP now owns 19,470 shares of the company’s stock worth $710,000 after acquiring an additional 11,635 shares in the last quarter. Finally, Gabelli Funds LLC grew its position in Enerpac Tool Group by 128.0% in the first quarter. Gabelli Funds LLC now owns 57,000 shares of the company’s stock worth $2,079,000 after acquiring an additional 32,000 shares in the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

Enerpac Tool Group Price Performance

Enerpac Tool Group stock opened at $36.17 on Thursday. The firm has a 50-day moving average price of $34.89 and a 200-day moving average price of $36.94. The firm has a market capitalization of $1.85 billion, a PE ratio of 20.43 and a beta of 0.85. The company has a current ratio of 2.67, a quick ratio of 2.04 and a debt-to-equity ratio of 0.41. Enerpac Tool Group Corp. has a 12-month low of $32.35 and a 12-month high of $45.00.

Enerpac Tool Group (NYSE:EPAC) last released 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. The firm had revenue of $167.55 million during the quarter, compared to analysts’ expectations of $165.60 million. Enerpac Tool Group had a net margin of 14.72% and a return on equity of 23.21%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. Enerpac Tool Group has set its FY 2026 guidance at 1.840-1.890 EPS. As a group, equities research analysts forecast that Enerpac Tool Group Corp. will post 1.87 EPS for the current year.

Enerpac Tool Group Announces Dividend

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 dividend of $0.04 per share. This represents a dividend yield of 12.0%. The ex-dividend date is Tuesday, October 6th. Enerpac Tool Group’s payout ratio is 2.26%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Zacks Research cut Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a research note on Friday, July 10th. Weiss Ratings lowered Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Finally, Roth Capital reiterated a “buy” rating and issued a $50.00 target price on shares of Enerpac Tool Group in a report on Thursday, July 9th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Enerpac Tool Group presently has a consensus rating of “Hold” and an average target price of $50.00.

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.