Thrivent Financial for Lutherans Sells 306,307 Shares of Enerpac Tool Group Corp. $EPAC

Thrivent Financial for Lutherans lessened its position in Enerpac Tool Group Corp. (NYSE:EPAC) by 22.0% during the second quarter, Holdings Channel reports. The institutional investor owned 1,086,199 shares of the company’s stock after selling 306,307 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Enerpac Tool Group were worth $44,056,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of EPAC. Elevation Point Wealth Partners LLC bought a new position in shares of Enerpac Tool Group during the 2nd quarter worth approximately $42,000. Russell Investments Group Ltd. lifted its position in shares of Enerpac Tool Group by 1,556.2% in the first quarter. Russell Investments Group Ltd. now owns 1,209 shares of the company’s stock worth $54,000 after purchasing an additional 1,136 shares in the last quarter. Simplex Trading LLC acquired a new position in Enerpac Tool Group during the second quarter worth $75,000. Quarry LP grew its position in Enerpac Tool Group by 1,109.6% in the first quarter. Quarry LP now owns 2,141 shares of the company’s stock valued at $96,000 after purchasing an additional 1,964 shares in the last quarter. Finally, State of Wyoming grew its position in Enerpac Tool Group by 95.4% in the second quarter. State of Wyoming now owns 2,694 shares of the company’s stock valued at $109,000 after purchasing an additional 1,315 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Paul Sternlieb sold 2,700 shares of the stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $44.00, for a total value of $118,800.00. Following the sale, the chief executive officer owned 328,342 shares in the company, valued at approximately $14,447,048. This represents a 0.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

EPAC has been the topic of several analyst reports. Zacks Research raised shares of Enerpac Tool Group to a “hold” rating in a research report on Monday, September 8th. Roth Capital set a $51.00 target price on Enerpac Tool Group and gave the company a “buy” rating in a research report on Monday, October 20th. Wall Street Zen raised Enerpac Tool Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Enerpac Tool Group in a research note on Monday, December 8th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.00.

Enerpac Tool Group Stock Down 1.3%

Shares of EPAC stock opened at $39.99 on Tuesday. Enerpac Tool Group Corp. has a 52-week low of $36.51 and a 52-week high of $49.40. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 23.39 and a beta of 1.00. The firm’s 50-day moving average is $39.59 and its 200-day moving average is $40.45. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.17 and a current ratio of 2.74.

Enerpac Tool Group (NYSE:EPAC) last announced its quarterly earnings results on Wednesday, October 15th. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. Enerpac Tool Group had a return on equity of 23.54% and a net margin of 15.03%.The firm had revenue of $167.51 million for the quarter, compared to the consensus estimate of $164.70 million. During the same quarter in the previous year, the business earned $0.50 earnings per share. Enerpac Tool Group has set its FY 2026 guidance at 1.850-2.000 EPS. Sell-side analysts predict that Enerpac Tool Group Corp. will post 1.78 EPS for the current year.

Enerpac Tool Group Profile

Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally. It operates through Industrial Tools & Services and Other segments. The Industrial Tools & Services segment designs, manufactures, and distributes branded hydraulic and mechanical tools; and provides services and tool rentals to the infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, civil construction, and other markets.