Mutual of America Capital Management LLC Sells 2,227 Shares of Enpro Inc. $NPO

Mutual of America Capital Management LLC decreased its position in shares of Enpro Inc. (NYSE:NPO) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,455 shares of the industrial products company’s stock after selling 2,227 shares during the quarter. Mutual of America Capital Management LLC owned about 0.21% of Enpro worth $10,047,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of NPO. Hsbc Holdings PLC acquired a new position in shares of Enpro during the second quarter valued at about $2,124,000. Congress Asset Management Co. lifted its position in Enpro by 2.6% in the 3rd quarter. Congress Asset Management Co. now owns 350,557 shares of the industrial products company’s stock valued at $79,226,000 after acquiring an additional 8,992 shares in the last quarter. Maryland State Retirement & Pension System boosted its stake in Enpro by 0.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 6,184 shares of the industrial products company’s stock valued at $1,185,000 after purchasing an additional 58 shares during the last quarter. Bahl & Gaynor Inc. increased its holdings in Enpro by 2.9% during the 2nd quarter. Bahl & Gaynor Inc. now owns 35,092 shares of the industrial products company’s stock worth $6,722,000 after purchasing an additional 999 shares in the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in shares of Enpro in the second quarter worth approximately $1,513,000. Institutional investors and hedge funds own 98.31% of the company’s stock.

Analyst Upgrades and Downgrades

NPO has been the subject of several recent research reports. Zacks Research downgraded Enpro from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Wall Street Zen upgraded shares of Enpro from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Enpro in a research report on Monday, December 29th. Finally, KeyCorp increased their price objective on shares of Enpro from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $250.00.

Enpro Stock Performance

NYSE:NPO opened at $237.12 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.44 and a quick ratio of 1.69. The company has a market capitalization of $5.00 billion, a P/E ratio of 58.26, a P/E/G ratio of 1.79 and a beta of 1.59. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $248.88. The business has a fifty day simple moving average of $223.30 and a two-hundred day simple moving average of $221.25.

Enpro (NYSE:NPO) last announced its quarterly earnings data on Tuesday, November 4th. The industrial products company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.06. The business had revenue of $286.60 million for the quarter, compared to analysts’ expectations of $276.57 million. Enpro had a return on equity of 10.77% and a net margin of 7.81%.Enpro has set its FY 2025 guidance at 7.750-8.050 EPS. On average, analysts expect that Enpro Inc. will post 7.38 earnings per share for the current year.

Enpro Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. Enpro’s payout ratio is presently 30.47%.

Enpro Profile

Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.

Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.