Mass apply motion graphics template

So now that Premiere has the ability to convert captions to Essential Graphics, I'm trying to figure out how to mass apply a motion graphics template to all these newly converted essential graphics instead of using the caption font. Surely adobe wouldn't have overlooked the ability to do this?

I know there is a way to mass edit just the font, but I need to copy/paste the entire motion graphics template (font, font size, fill, stroke, tracking, bold, ect). I also know you can create a "style" and then use the drop down in another essential graphic to apply it but it seems you can only do this one at a time.

I have a hard time believing there is no way to quickly apply a template to all selected graphics, so what am I missing here?