Squarepoint Ops LLC Grows Position in Enerpac Tool Group Corp. $EPAC

Squarepoint Ops LLC lifted its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 403.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 140,524 shares of the company’s stock after purchasing an additional 112,635 shares during the period. Squarepoint Ops LLC’s holdings in Enerpac Tool Group were worth $5,039,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Nykredit A S bought a new stake in Enerpac Tool Group during the 2nd quarter valued at $31,000. Corient Private Wealth LP grew its holdings in Enerpac Tool Group by 11.6% in the 2nd quarter. Corient Private Wealth LP now owns 8,536 shares of the company’s stock worth $306,000 after acquiring an additional 887 shares during the last quarter. California State Teachers Retirement System increased its position in shares of Enerpac Tool Group by 4,049.0% in the second quarter. California State Teachers Retirement System now owns 2,121,442 shares of the company’s stock valued at $76,075,000 after acquiring an additional 2,070,311 shares during the period. Grandeur Peak Global Advisors LLC increased its position in shares of Enerpac Tool Group by 15.7% in the second quarter. Grandeur Peak Global Advisors LLC now owns 15,737 shares of the company’s stock valued at $564,000 after acquiring an additional 2,135 shares during the period. Finally, Central Pacific Bank Trust Division raised its stake in shares of Enerpac Tool Group by 10.5% during the second quarter. Central Pacific Bank Trust Division now owns 8,497 shares of the company’s stock valued at $305,000 after acquiring an additional 805 shares during the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

Enerpac Tool Group Stock Down 0.3%

Shares of Enerpac Tool Group stock opened at $35.28 on Friday. 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. The company has a market cap of $1.80 billion, a P/E ratio of 19.93 and a beta of 0.87. The company’s fifty day simple moving average is $36.18 and its two-hundred day simple moving average is $35.97.

Enerpac Tool Group (NYSE:EPAC) last posted its earnings results on Wednesday, July 8th. The company reported $0.60 EPS for the quarter, topping the consensus estimate 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. Research analysts anticipate that Enerpac Tool Group Corp. will post 1.87 EPS for the current year.

Enerpac Tool Group Announces Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, October 16th. Shareholders of record on Tuesday, October 6th will be issued a $0.04 dividend. The ex-dividend date is Tuesday, October 6th. This represents a yield of 12.0%. Enerpac Tool Group’s dividend payout ratio (DPR) is 2.26%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Enerpac Tool Group in a report on Friday, August 14th. Roth Capital reaffirmed a “buy” rating and set a $50.00 price target on shares of Enerpac Tool Group in a research report on Thursday, July 9th. Finally, Zacks Research upgraded Enerpac Tool Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $50.00.

About Enerpac Tool Group

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.