Key Highlights

  • Enerpac's $0.04 annual dividend on Class A common stock has an October 6, 2026 ex-dividend date and is payable October 16.
  • Fiscal third-quarter net sales were $167.6 million, up 6%, with organic sales up 3% and Cortland Biomedical organic sales up 25%.
  • Net earnings were $29.8 million, or $0.58 per diluted share, and adjusted diluted EPS was $0.60 versus $0.51.
  • Enerpac agreed to acquire SFE Group for approximately $472 million in cash and raised its revolving facility to $625 million.

Enerpac Tool Group Corp.'s (NYSE:EPAC) $0.04 annual dividend yields 0.11% and sits beside fiscal third-quarter diluted EPS of $0.58 and nine-month diluted EPS of $1.24. The Board declared the dividend on July 23, 2026, and the company's release describes it as an annual dividend of $0.04 per common share.

Dividend Program and Shareholder Returns

Enerpac's Board declared a cash dividend on its Class A common stock on July 23, 2026. The annual dividend of $0.04 per common share is payable October 16, 2026 to shareholders of record at the close of business on October 6.

The company repurchased approximately 420,000 shares of its common stock for $15 million in the third quarter under the repurchase program it announced in October 2025.

About the Company

Enerpac is a premier industrial tools, services, technology and solutions provider serving customers in more than 100 countries. Founded in 1910 and headquartered in Milwaukee, Wisconsin, its businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for the precise positioning of heavy loads.

Financial Performance Behind the Payout

For the fiscal third quarter ended May 31, 2026, Enerpac reported net sales of $167.6 million versus $158.7 million. Organic sales rose 3%, consisting of 2% growth at IT&S and 25% growth at Cortland Biomedical. IT&S product sales rose 5% organically. Gross profit was 53.0% of sales versus 50.4%.

Net earnings were $29.8 million, or $0.58 per diluted share, versus $22.0 million, or $0.41. Adjusted net earnings, a non-GAAP measure, were $31.0 million, or $0.60 per diluted share, versus $0.51. Adjusted EBITDA was $46.9 million versus $41.0 million, with a margin of 28.0%.

For the nine months, net sales were $466.6 million versus $449.4 million, and net earnings were $65.2 million versus $64.7 million. Operating cash flow was $69 million versus $56 million, and cash was $115.7 million.

The SFE Group Agreement

On July 7, 2026, Enerpac agreed to acquire Specialized Fabrication Equipment Group LLC from SFEG Holdings, Inc., a portfolio company of Gladstone Investment Corporation, for approximately $472 million in cash. The company states SFE Group generated approximately $170 million of sales and approximately $44 million of adjusted EBITDA over the trailing twelve months.

The company's release describes the acquisition as accretive to fiscal 2027 adjusted EPS and states net debt-to-adjusted EBITDA of approximately 2.8 times upon closing. Financing comes from cash on hand and senior credit facility borrowings, and the revolving credit facility was amended to $625 million from $400 million.

Outlook

Enerpac's July 7 release states net debt-to-adjusted EBITDA of approximately 2.8 times upon closing of the SFE Group acquisition. Third-quarter adjusted EBITDA includes a $5.7 million net benefit from the expected refund of IEEPA tariffs. The 10-Q cites continued pressure in the service business, primarily in the EMEA region. Cortland Biomedical growth, service-business trends and the acquisition's financing are the items the company reports.