EPAC Enerpac Tool Group Corp.
Enerpac Tool Group Corp. is a diversified industrial company. The firm engages in the designing, manufacturing, and distribution of a broad range of industrial products and systems to various end markets. It operates through the Industrial Tools and Services; and Engineered Components and Systems segments. The Industrial Tools and Services segment supplies both products and services to a broad array of end markets, including industrial, energy, mining and production automation markets. The Engineered Components and Systems segment focuses on system critical position and motion control systems, ropes, cables and umbilicals and other customized industrial components to various vehicles, construction, agricultural and other niche markets. The company was founded in 1910 and is headquartered in Menomonee Falls, WI.
Company profile
Ticker
EPAC
Exchange
Website
CEO
Randal Wayne Baker
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Eaton • Moog • Curtiss Wright • LiqTech International • Indoor Harvest • Concrete Leveling Systems • PCT ...
Former names
Actuant Corp, Applied Power Inc
SEC CIK
Corporate docs
IRS number
390168610
Calendar
25 Mar 20
3 Apr 20
31 Aug 20
News
Company financial data Financial data
| Quarter (USD) | Feb 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|
| Revenue | 133.39M | 146.67M | -204.95M | 295.27M | |
| Net income | 2.16M | 2.12M | -266.86M | 32.42M | |
| Diluted EPS | 0.04 | 0.03 | -4.33 | 0.52 | |
| Net profit margin | 1.62% | 1.45% | 130% | 10.98% | |
| Operating income | 8.57M | 14.37M | -6.88M | 47.36M | |
| Net change in cash | -43.34M | -4.37M | 9.82M | 30.95M | |
| Cash on hand | 163.44M | 206.78M | 211.15M | 201.33M | |
| Cost of revenue | 71.29M | 77.99M | -183.2M | 183.37M |
| Annual (USD) | Aug 19 | Aug 18 | Aug 17 | Aug 16 | |
|---|---|---|---|---|---|
| Revenue | 654.76M | 1.18B | 1.1B | 1.15B | |
| Net income | -249.15M | -21.65M | -66.21M | -105.17M | |
| Diluted EPS | -4.04 | -0.35 | -1.11 | -1.78 | |
| Net profit margin | -38.05% | -1.83% | -6.04% | -9.15% | |
| Operating income | 47.52M | 50.21M | -84.85M | -100.22M | |
| Net change in cash | -39.34M | 20.92M | 49.97M | 10.76M | |
| Cash on hand | 211.15M | 250.49M | 229.57M | 179.6M | |
| Cost of revenue | 362.11M | 358.02M | 356.22M | 746.01M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 3 Mar 20 | Sidney S. Simmons II | Phantom Stock Class A Common Stock | Grant | Aquire A | 0 | 987 | 0 | 6,895 |
| 3 Mar 20 | E James Ferland Jr | Phantom Stock Class A Common Stock | Grant | Aquire A | 0 | 900 | 0 | 10,971 |
| 3 Mar 20 | J. Palmer Clarkson | Phantom Stock Class A Common Stock | Grant | Aquire A | 0 | 929 | 0 | 6,490 |
| 3 Mar 20 | Danny L Cunningham | Phantom Stock Class A Common Stock | Grant | Aquire A | 0 | 1,086 | 0 | 10,393 |
| 12 Feb 20 | John Jeffrey Schmaling | Class A Common Stock | Payment of exercise | Dispose F | 24.77 | 1,634 | 40.47K | 30,504 |
Institutional ownership Q4 2019
93.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 165 |
| Opened positions | 32 |
| Closed positions | 37 |
| Increased positions | 44 |
| Reduced positions | 59 |
13F shares |
Current |
|---|---|
| Total value | 1.47B |
| Total shares | 56.48M |
| Total puts | 10.7K |
| Total calls | 21.5K |
| Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 8.21M | $213.76M |
| Vanguard | 6.22M | $161.84M |
| Southeastern Asset Management | 5.89M | $153.4M |
| PZN Pzena Investment Management | 3.99M | $103.86M |
| Wellington Management | 3.57M | $92.87M |
| Barrow Hanley Mewhinney & Strauss | 2.28M | $59.22M |
| Dimensional Fund Advisors | 2.23M | $58.07M |
| N Price T Rowe Associates | 2.13M | $55.47M |
| STT State Street | 1.72M | $44.75M |
| Advisory Research | 1.22M | $31.8M |
Financial report summary
?Risks
- Our business, results of operations and financial condition may be adversely affected by global public health epidemics, including the strain of coronavirus known as COVID-19 and the recent disruption in the global oil markets and resulting substantial price decline.
Management Discussion
- Enerpac Tool Group Corp. is a premier industrial tools and services company serving a broad and diverse set of customers in more than 90 countries. The Company is a global leader in the engineering and manufacturing of high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. The Company has one reportable segment, Industrial Tools & Service ("IT&S"). This segment is primarily engaged in the design, manufacture and distribution of branded hydraulic and mechanical tools, as well as providing services and tool rental to the industrial, maintenance, infrastructure, oil & gas, energy and other markets. Financial information related to the Company's reportable segment is included in Note 13, "Segment Information" in the notes to the condensed consolidated financial statements.
Content analysis
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H.S. junior Avg
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New words:
agree, ancillary, Asia, automatically, bankruptcy, build, calibration, Cautionary, Code, confident, conveyance, court, cycle, debtor, declared, defraud, delay, demonstrated, difficulty, discharge, discharged, disposition, encounter, factor, forward, fraudulent, functional, governing, governmental, health, hinder, history, HTL, inconsequential, incurrence, indenture, indirectly, inflow, insolvency, insolvent, interruption, jointly, led, left, legacy, Letter, mandated, matter, merger, monthly, negotiation, outbreak, outflow, overdue, pandemic, preferred, preliminary, premium, prevented, proceeding, produced, producing, public, rank, reorganization, repair, replacement, requested, run, SAE, small, social, solvent, strain, subordinate, subordinated, targeted, travel, trustee, uncertain, unreasonably, unsecured, voidable
Removed:
accelerating, adjusted, advancement, arrive, assembly, column, conclude, consolidating, criteria, discounted, driven, employee, environment, flat, fourth, half, insurance, lean, marketing, met, Mexico, organic, power, pursuing, reflect, review, reviewing, rollforward, unfavorably, variability, vertical
Financial reports
10-Q
2020 Q2
Quarterly report
25 Mar 20
10-Q
2020 Q1
Quarterly report
6 Jan 20
10-K
2019 FY
Annual report
29 Oct 19
10-Q
2019 Q3
Quarterly report
1 Jul 19
10-Q
2019 Q2
Quarterly report
5 Apr 19
10-Q
2019 Q1
Quarterly report
4 Jan 19
10-K
2018 Q4
Annual report
29 Oct 18
10-Q
2018 Q3
Quarterly report
9 Jul 18
10-Q
2018 Q2
Quarterly report
9 Apr 18
10-Q
2017 Q1
Quarterly report
8 Jan 18
Current reports
8-K
Results of Operations and Financial Condition
19 Mar 20
8-K
Departure of Directors or Certain Officers
17 Mar 20
8-K/A
Enerpac Tool Group Name Change Is Approved by Shareholders
30 Jan 20
8-K
Enerpac Tool Group Name Change Is Approved by Shareholders
30 Jan 20
8-K
Results of Operations and Financial Condition
19 Dec 19
8-K
Departure of Directors or Certain Officers
5 Nov 19
8-K
Completes Sale of EC&S Segment to One Rock Capital Partners
1 Nov 19
8-K
Departure of Directors or Certain Officers
1 Nov 19
8-K
Amendments to Articles of Incorporation or Bylaws
30 Oct 19
8-K
Other Events
27 Sep 19
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Jan 17
S-8
Registration of securities for employees
18 Jan 17
S-3ASR
Automatic shelf registration
23 Jan 15
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Dec 13
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Oct 13
S-8
Registration of securities for employees
23 Jan 13
424B3
Prospectus supplement
10 Aug 12
S-4/A
Registration of securities issued in business combination transactions (amended)
30 Jul 12
S-4
Registration of securities issued in business combination transactions
9 Jul 12
S-3ASR
Automatic shelf registration
13 Jan 12
Proxies
DEFA14A
Additional proxy soliciting materials
13 Dec 19
DEF 14A
Definitive proxy
13 Dec 19
DEF 14A
Definitive proxy
3 Dec 18
DEFR14A
Revised proxy
6 Dec 17
DEF 14A
Definitive proxy
4 Dec 17
DEF 14A
Definitive proxy
5 Dec 16
DEF 14A
Definitive proxy
4 Dec 15
DEF 14A
Definitive proxy
5 Dec 14
DEF 14A
Definitive proxy
6 Dec 13
DEF 14A
Definitive proxy
3 Dec 12
Other
SD
Conflict minerals disclosure
29 May 19
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
29 Oct 18
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
23 Jan 18
CORRESP
Correspondence with SEC
9 Jan 18
UPLOAD
Letter from SEC
19 Dec 17
SD
Conflict minerals disclosure
31 May 17
UPLOAD
Letter from SEC
31 Mar 17
CORRESP
Correspondence with SEC
29 Mar 17
UPLOAD
Letter from SEC
20 Mar 17
Ownership
4
ENERPAC TOOL / Sidney S. Simmons II ownership change
4 Mar 20
4
ENERPAC TOOL / E James Ferland Jr ownership change
4 Mar 20
4
ENERPAC TOOL / J. Palmer Clarkson ownership change
4 Mar 20
4
ENERPAC TOOL / Danny L Cunningham ownership change
4 Mar 20
SC 13G/A
Enerpac Tool Group Corp
14 Feb 20
SC 13G/A
Beneficial ownership report (amended)
14 Feb 20
4
ENERPAC TOOL / John Jeffrey Schmaling ownership change
13 Feb 20
SC 13G/A
Beneficial ownership report (amended)
12 Feb 20
4
ENERPAC TOOL / Ricky T Dillon ownership change
5 Feb 20
SC 13G/A
Beneficial ownership report (amended)
4 Feb 20
Patents
GRANT
Utility
Pump unit with integrated piston pump and electric motor
24 Mar 20
An automotive hydraulic actuating system for actuating a movable vehicle part, like a roof part or a wheel suspension.
APP
Utility
Rotating Shaft Mounted Monitoring Device with Wireless Transmitter
16 Jan 20
A monitoring device, an assembly and a method of assembling a monitoring device and a universal joint.
GRANT
Utility
Collet locking yoke
26 Nov 19
An insert, a motion-transmitting mechanism and a method of operating a motion-transmitting mechanism.
GRANT
Utility
Track loading tool
12 Nov 19
A track loading tool including a pump, a body including a main portion extending along a first axis, a first contact portion supported by the body and configured to engage a first rail, and a second contact portion supported by the body and configured to engage a second rail spaced apart from the first rail.
APP
Utility
Load Frame with a Staged Biasing Element
3 Oct 19
A load frame for calibrating a load cell includes a first member positioned adjacent the load cell, a second member spaced apart from the first member, and a staged biasing element positioned between the first member and the second member.