A tool for installing a stud having a plurality of locking keys into a workpiece bore includes a main body, an actuator within the main body, a nosepiece adjacent the main body and having an anvil portion, and a mandrel disposed within the nosepiece. The actuator includes a movable piston, a shaft extending axially from the piston, and a coupler on a shaft end opposite the piston. The mandrel includes a threaded head portion and a body portion, and is releasably secured to the coupler.