Enerpac Tool Group Corp. (NYSE:EPAC) Declares $0.04 Annual Dividend

Enerpac Tool Group Corp. (NYSE:EPAC) declared an annual dividend on Thursday, July 23rd. Shareholders of record on Tuesday, October 6th will be paid a dividend of 0.04 per share on Friday, October 16th. This represents a yield of 12.0%. The ex-dividend date of this dividend is Tuesday, October 6th.

Enerpac Tool Group has a payout ratio of 2.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Enerpac Tool Group to earn $2.06 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 1.9%.

Enerpac Tool Group Stock Performance

NYSE:EPAC opened at $34.38 on Friday. The company’s 50-day moving average is $34.73 and its two-hundred day moving average is $37.06. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 19.43 and a beta of 0.85. 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 has a 1-year low of $32.35 and a 1-year high of $45.00.

Enerpac Tool Group (NYSE:EPAC) last released its quarterly earnings data on Wednesday, July 8th. The company reported $0.60 EPS for the quarter, beating 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 firm had revenue of $167.55 million for the quarter, compared to analysts’ expectations of $165.60 million. Enerpac Tool Group’s quarterly 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. Analysts forecast that Enerpac Tool Group will post 1.87 EPS for the current year.

Analyst Upgrades and Downgrades

EPAC has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of Enerpac Tool Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Wall Street Zen raised shares of Enerpac Tool Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. 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. Finally, Zacks Research lowered Enerpac Tool Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 10th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Enerpac Tool Group presently has an average 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.